Looking to buy real estate in Ventura, California? Time is running out on the federal tax credits for first-time and repeat buyers. If you want to take advantage of these credits, you need to enter a binding contract by April 30, 2010, and close escrow by July 1, 2010, and meet the income limits.
For reapeat buyers, you must have lived in your current home for five consecutive years out of the last eight years and must enter a contract to purchase a new or existing home by April 30, 2010. Existing homeowners do not need to sell their current home to qualify for this credit. They must close escrow by June 30, 2010.
Contact us directly to discuss your specific circumstances and how we can assist you with your real estate situation.
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