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California Home Buyer Tax Credit May Be Gone In 10 Days

The California Association of Realtors (CAR) says that the money allocated to new home buyers may go quickly, from 10 to 20 days when it starts May 1st. There is $100 Million allocated to first-time home buyers and $100 Million allocated to new home buyers on a first come, first get program.

CAR also says that if buyers that were scheduled to close in April pushed off their close until May to get the tax credit, then it will be gone even quicker.

Written by Keith Byrd - Go to Keith's Website/Profile