Isi Wu's Blog

Good Morning My Wonderful Beautiful Bay Area!!….  There’s just something to be said about working with clients who pay attention to their purchase and any legislation that might affect their transaction…

First thing this morning received a call from a client in escrow… he just heard on the news that there may be another $10,000 tax credit for 1^st x homebuyers specific to the State of California… was this true and could we get included??…

Personally I hadn’t heard so after checking with my local board, CAR, other sources including CAR Legal… IN CASE YOU HAVENT HEARD  … there is indeed an extension that will go into effect sometime in May of this year which will give first time homebuyers an additional $10,000 tax credit from our great state of California! In addition to the $8,000 tax credit from the federal government…  if your buyers are in contract by April 30… This piece of legislation is very very good news !!… we’re advised to wait a few days for the details to come out…

Keep checking in… Will post updates as more details roll out…

 Hope this news comes in handy for you… It’s a bright sunny day… Cheers Everyone!!

 Your comments are always welcome!!…

Isi

Isi Wu… the realtor for you

Serving Clients All Over the Eastbay…