Governor Schwarzenegger Signs $10,000 Homebuyer Tax Credit Legislation.
Starting May 1st, the very day after the federal tax credit ends, California’s tax credit kicks in!!!
This time it’s not just for new homes either. First time buyers, purchasing new or existing homes can apply for the lesser of 5% of the sales price or $10,000. This is good for accepted purchase contracts from May 1st through Dec 31, 2010.
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