Winchester Real Estate buyers may get up to $10,000 in CA Tax Credit
By David Northup
(David Northup - Aim RE Group Inc, Temecula Realtors® (AIM))
First time home buyers of Winchester Real Estate will be happy to learn of a new tax credit they may be able to claim in conjunction with the purchase of their new home. If buyer's were shopping last year they may remember that there was a California tax credit in 2009 as well. One of the major differences between this new program and the one from 2009 is that this program is for the purchase of ANY home and is NOT LIMITED to the purchase of new construction. Even though it was limited to new construction, the program in 2009 was so successful that they ran out of funds 8 months before the program was scheduled to end. AB 183 (signed by Governor Schwarzenegger last week) allocates $200,000,000 to be split equally between buyers of existing homes and buyers of new or previously unoccup...
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