California Governor Approves Home Buyer’s Tax Credit Bill
Starting May 1, California homebuyers can claim up to a $10,000 tax credit.
The legislation allocates $200 million to new buyer tax credits. Half will fund credits for buyers of new unoccupied homes. The other half funds credits for first-time buyers who buy resale homes.
California Association of Realtors President Steve Goddard said the tax credit “will incentivize first-time homebuyers to purchase homes that have been abandoned, foreclosed upon, and returned to the lender, or have been sitting on the market for extended periods of time.”
In both cases, buyers can waive whatever state taxes they owe – up to $3,333 – in each of the three years after buying. The program begins with escrows that close May 1 or after. Buyers who close escrow before then, and those who closed after a similar 2009 tax break ended last July, are ineligible.
Read more: http://www.sacbee.com/2010/03/26/2634445/schwarzenegger-signs-extended.html#ixzz0jbQCGsQU
#27 BEGONIA WAY, OREGON HOUSE
GET AWAY FROM IT ALL! Camping, hiking , enjoy your ATV, possible homesite, etc. Plenty of trees. Approx. 30 minutes from Marysville.
014310076- FEATHER RIVER BLVD, MARYSVILLE
915 SHASTA STREET, YUBA CITY
909 SHASTA STREET, YUBA CITY
Close to Fremont Hospital and medical buildings.Access from both Shasta St. andHarkey Way. 50ft. frontage and 216ft. deep.House of little or no value on property. Zoned Commercial Office.