From the category archives:

Tax Credits

California Tax Credit News from Salinas – CA

by Scott Schang March 16, 2010 Tax Credits

March 15th, 2010 – Governor’s Press Conference in Salinas, California
The California Homebuyer Tax Credit was the topic of Governor Schwarzenegger’s press conference yesterday from Sorrento at Monte Bella, a Standard Pacific New Homes project on one of the most beautiful sunny day’s we’ve seen in a while.
As he has with previous press conferences support the [...]

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Federal Homebuyer Tax Credit is Expiring – Last Minute Facts You Need to Know

As the clock winds down and the deadline for the $8,000 and $6,500 federal homebuyer tax credits quickly approaches, I’ve recorded this quick (about 6 minutes) and informative video to help you get all the facts.

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Governor Talks up $10,000 Homebuyer Tax Credit in Bakersfield – Tuesday, February 16th 2010

by Scott Schang February 17, 2010 Tax Credits

Governor Schwarzenegger’s Tuesday speech in Bakersfield, CA focuses on his proposed $10,000 Homebuyer Tax Credit
Well, he’s hitting the road again with some pretty hard hitting talk about making the $10,000 homebuyer tax credit a reality for potentially 20,000 California home buyers.
Following is the video posted on the Governor’s website as well as all of the [...]

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Governor Briefly mentions Homebuyer Tax Credit in Recent Speech

by Scott Schang February 1, 2010 Tax Credits

Governor Schwarzenegger spoke about his Jobs initiative at a SJ Silicon Valley Chamber of Commerce Lunch on Thursday, January 28th, 2010.
In an almost 44 minute speech, the Gov snuck in one quick reference about the tax credit….and here it is:
And I urge the legislature also to come up with their own job creation package or [...]

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Governor Holds Press Conference to Highlight $10,000 Homebuyer Tax Credit

by Scott Schang January 17, 2010 Market Updates

Fresno, CA January 14th, 2009 – Making the Case for Stimulating California’s Housing Market

If you’re like me and don’t want to sit through 20 minutes of political hyperbole, here’s a summary of the above speech. Plus, I can’t stop thinking he’s going to say “Come with me if you want to live”….I dunno, too much [...]

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Governor tries to revive State of California $10,000 Homebuyer Tax Credit

by Scott Schang January 11, 2010 Market Updates

Governor Schwarzenegger announced on January 7th that he would like to extend the $10,000 homebuyer tax credit to Californians as part of a job stimulation strategy.
Unlike the last $10,000 California Tax Credit, this time around it will be available for the purchase of new construction or existing homes. This is GREAT news for California Homebuyers.
The [...]

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No More Extensions for $8,000 Tax Credit

by Scott Schang December 28, 2009 Market Updates

As the deadline for the latest extension of the $8,000 homebuyer tax credit quickly approaches, lawmakers are pretty clear about it’s end.
LA Times, December 27th, 2009:
The provision that puts up to $8,000 in buyers’ pockets won’t be renewed a third time, industry leaders and lawmakers say.
Reporting from Washington – Home buyers hoping to take advantage [...]

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Slide Show: A Complete Guide to the Extended and Expanded Homebuyer Tax Credit

by Scott Schang November 11, 2009 Slide Shows

If you missed the live Webinar – “A Compete Guide to the Extended and Expanded Homebuyer Tax Credit”, no worries – Here’s everything you need to know in one place.
Due to technical difficulties, I was unable to record the webinar, but here’s the power point presentation – Feel free to drop me a line if [...]

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H.R. 3548 – Tax Credit Passes House, Senate – Next Stop, The President

by Scott Schang November 5, 2009 Tax Credits

The extension and expansion of the first time homebuyer tax credit is going to the President’s desk for signature as part of H.R. 3548 – The Worker,Homeownership, and Business Assistance Act of 2009.
The Engrossed Amendment as Agreed to by the Senate is the only available version of this bill that I’ve been able to find [...]

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UPDATE: Homebuyer Tax Credit, Unemployment Bill Advances in Senate

by Scott Schang November 3, 2009 Tax Credits

So far, I’m not eating any crow. There have been no reports about changes to the Homebuyer Tax Credit, it still looks like all of the terms and benefits that I reported last week are standing strong.
I’ve put together a few of the headlines from the last 24 hours about the final VOTE to make [...]