Yes ..its true ! The State of California is offering a HUGE $10,000 tax credit for buyers of new construction homes. This State credit is only $100 million dollars -so it will not last long .
Allocated by the state Franchise Tax Board on a first -come, first served basis.
Paid out to NEW HOME purchases only ,over the next three years in equal amounts.
Purchasers must live in the home for al least two years.
No income limitations .
Do not have to be a first time buyer .
There is no repayment requirement ( unless you sell or rent out etc before the 2 years expire )
What a awesome time to buy a new Sterling Park home !
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