SF New Developments

The Montgomery: Limited-Time Tax Benefits for Homebuyers

Now is the perfect time to buy a new home at The Montgomery. In addition to taking advantage of recent price adjustments you can also enjoy up to $18,000 in Federal and State tax benefits. Time is of the essence with these offers so act fast to benefit.

Here’s how it works:

Are you a first time homebuyer? If so, you are eligible to receive an $8,000 federal tax credit on the purchase of your home based on the American Recovering and Reinvestment Act of 2009*.

Are you purchasing a new construction home? Since the Montgomery is new construction, you are eligible to receive a $10,000 state tax credit per the Homeowner Affordability and Stability Plan*. The State of California allocated $100 million for tax credits on new construction home purchases. Once this amount runs out, the state tax break expires as well. With more than 6,000 homes currently in escrow in California, now is the time to take advantage of this tax break.

If you are a Californian who is both a first-time buyer & purchasing a new construction home, you can claim both the state and federal tax credits if you qualify – that’s up to $18,000!

Savvy buyers recognize that the real estate market is cyclical and those purchasing a home in today’s climate are buying at low prices, with low interest rates. It is a BUYER’S MARKET – take advantage of this temporary market condition and call me today!

* Conditions and restrictions apply.

Climb Real Estate provides this information to the public and our clients and does not guarantee it’s accuracy. Climb Real Estate does not necessarily represent the seller nor the marketing company in any way. For Buyer Representation, contact Climb or learn How to Buy New Developments.