[quote=threadkiller]I thought the state tax credit was only for new houses, is this a different one?[/quote]
Thank you all for your comments. I remember each and every one of you personally.
I also remember spouses, baked cakes, dinners, appraisal issues, escrow issues, employment issues, notary issues, etc I’m glad that I was able to help. Thanks for the opportunity.
TK, there were 2 different components to the CA state tax credit.
The amount was split 50/50 between ANYBODY who wanted to buy a brand new house AND first time buyers buying a “used” house.
First time buyer = at least 3 years out of the market.
I heard that the funds might all be accounted for within the first 30 days, although they projected that the program would go until the end of the year.
As usual, they made it both more complicated than it needed to be AND misleading with some details.
HLS, (Sheldon)
