Free Sacramento Region Relocation Package

When relocating to Sacramento Region, you'll want to take advantage of the homebuyers tax credit courtesy of the government. Current legislation has extended the $8,000 homebuyer tax credit to purchase contracts that are signed by April 30 and closed by June 30 of next year. It's important you have as many tools and resources as possible to learn about all of the advantages of home buying right now. 

This bill also creates a $6,500 credit for those who buy a home after living in their current house at least five years. That measure would also apply to purchase contracts signed by April 30 and closed by June 30. The current credit defines a first-time homebuyer as someone who has not owned a primary residence within the past three years.

According to NAHB president Sandy Dunn, "This milestone bill contains several provisions to get homebuyers back into the marketplace. The goal is to stop the slide in home prices, provide a lifeline to borrowers facing foreclosure, and improve mortgage liquidity."


Dunn also stated, " It (the tax credit) will increase housing demand, get homebuyers back into the marketplace, and fight falling home prices, which threaten the economy as a whole."

Find more information at Federal Housing Tax Credit FAQ's.

For more information about this program, contact Bruce Slaton with eCurb Realty.com.

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