Thank you President Obama.
As part of the Obama Administration's housing stimulus package, purchasers of homes which have never been occupied (new construction buildings included) will receive a $8,000 tax credit. As such, this credit equates to an $8,000 across the board deduction of taxes owed.
Click this link to learn more about the credit, provided by the National Association of Home Builders.
Add this on top of deals being offered by developers that haven't been seen in decades (HOA dues, upgrade allowances, and price reductions), and it's looking more and more like a great time to buy your new home.
Call or email me to discuss the best deals in new construction. As the only real estate broker in San Francisco accredited by the National Association of Home Builders as a Certified New Home Sales Professional and Certified New Home Marketing Professional, I have the knowledge and experience you need to navigate the world of new construction.
Remember: the sales office works for the developer...I work for you.
Image courtesy Inside SF Real Estate
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