How to get up to $18,000 in State and Federal Tax Credits for Buying a Home in the East Bay Area.

How to get up to $18,000 in State and Federal Tax Credits for Buying a Home in the East Bay Area.

For a very limited time, certain East bay first time home buyers will benefit from up to $18,000 in tax credits. Not a first time buyer? You may still be eligible for up to $16,500 in combined tax credits.

The deal is that you need to be in escrow by the end of April 2010 and close escrow by the end of June 2010. Three weeks doesn’t sound like a lot of time, does it? Yes and no.

“Getting both”: Both credits require you to buy the home as your primary residence. Both define a first-time buyer as someone who has not owned a home in the three years prior to purchase. In short, to get both credits you must be in contract on or before April 30 and close between May 1 and June 30 – and meet all other requirements.

Just want the facts,or find out how we can get this done…

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