Sparky & Katie Pond

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$10,000 California New Home Tax Credit

Everyday it seems like buying a home gets better and better. Now California is throwing in an extra $10,000 to buyers who purchase a new home after March 1st 2009. This is an incredible incentive to buyers in this market! Before the credits were tied to being a first time home-buyer, and meeting certain income requirements. Not now…this current credit applies to any new home buyer planning to use this new home as their principal residence for at least two years. There are minimal requirements to receive this credit. There are a few key things to know about the credit:

1) It does not have to be paid back.

2) It will be paid to the tax payer over three years. $3333.33 each year.

3) It must be your principal residence for at least two years.

4) The money is not unlimited. There is $100,000,000 allocated for this credit. It will run out. You can see how much money is left by visiting:

http://www2.ftb.ca.gov/individuals/New_Home_Credit.shtml#def2

If you are planning on purchasing a new home call us asap to take advantage of all the incentives out there for buyers. This state credit is in addition to the many unbelievable credits the builders are offering as well. We would love to share with you how to find the best deals on new homes.

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Pulte Homes West Park

Dorchester ModelToday I went and visited the new home community Amberly Place in West Park by Pulte Homes. West Park is one of Roseville’s newest master planned communities. The concept is to integrate housing with schools, restaurants, shopping, trails, and parks. All within walking distance of home. A great idea if you ask me! Being able to walk to coffee, or get a bite to eat with the family with out having to get in the car is a luxury that most suburban areas don’t have.

 Amberly Place has homes that range in size from 1919 Sq ft. to 3315 Sq ft. The prices start in the low $300,000’s and top out at the mid $400,000’s. The smallest one story home offers 3 bedrooms with a den, and the largest home offers 5 bedrooms plus an office and bonus room.

If you bought a home when the market was hot like we did than you will be surprised to find out that these new homes come standard with granite counter tops in the kitchen, as well as, stainless steel appliances. Something you used to have to shell out big bucks for.  They also come with maple cabinets, and a complete security Dorchester ModelDorchester Modelsystem.

 If upgrades aren’t enticing enough than how about the vaulted ceilings in the Dorchester Model(picture above)?? I know ooh la-la. It was my favorite model. Impressive vaulted ceilings and an open rail bonus room upstairs give this home such an elegant feel. It was very open and bright. It also has a downstairs master.Dorchester ModelDorchester Model

They don’t have any homes ready for immediate move in right now but if you put a deposit on a lot they will start building one for you.

Just like in any home purchase you should talk to your Realtor when you start considering the purchase of a new home. Your Realtor must accompany you the first time you visit the new home community in order to work with you during the purchase process. A Realtor is an important resource in a new home transaction.

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