Update: Funds for State Home Buying Credit are Almost Completely Committed

If you are counting on a California state home buying credit time is running out!  The funds are nearly all committed.  Contact Tom Balk today to talk about your options.

Important update (via www.ftb.ca.gov):

As shown in the numbers below, we will soon reach $100 million in new home credit applications. Because many of these are duplicates, revised, or invalid, we plan to receive 12,000 applications. This will ensure we have more than enough valid applications to allocate the full $100 million. These additional applications will be subject to the availability of remaining credits.

Once we receive 11,000 applications, we will update this page each business day with the total number of applications received. We will no longer accept applications once we have received 12,000, and the fax service will be disconnected.

http://www.ftb.ca.gov/individuals/New_Home_Credit.shtml

As always, email tom@afirealestate.com to continue the discussion.  We look forward to hearing from you.