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California’s First-time Home Buyer Tax Credit Expired

California’s first-time home buyer tax credit expired effective midnight, August 15th. That announcement came after the Franchise Tax Board (FTB) realized it had received more than enough applications to cover the $100 million allocated for eligible first-time home buyers. It is encouraging to learn that more than 33,000 Californians have taken advantage of this credit. The FTB will continue to accept applications for the state’s New Home Credit.  As of August 18th, the state had received 12,090 reservation requests and applications, which is expected to utilize nearly 80 percent of the $100 million allocated to this program. The FTB will stop accepting applications for that program once it determines it has received sufficient applications and requests. You can follow that tax credit’s
status at http://takeaction.realtoractioncenter.com/ct/1p2oHy41grrv/.

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Posted: August 26, 2010

Martis Camp Home Tour

martis campCome join us for the 2010 Martis Camp Home Tour, Saturday, Aug. 7 from 10 a.m. to 4 p.m. presented by the Tahoe Board of Realtors. Tickets are on sale now for $35 in advance or $40 at the door. Proceeds benefit quality education within the Tahoe Truckee unified school district.  AND, “Green Weather” starring our own Garrison Green on guitar and singing will be performing at the benefit!

Spend an afternoon exploring six remarkable one-of-a-kind custom homes in Truckee’s Martis Camp and help raise money to benefit local schools. Discover many of the latest trends and creative ideas in luxury home building as envisioned by several of the region’s premiere architects, builders, designers and landscapers. The Tour begins at Martis Camp: Turn in on Schaffer Mill Road (across from Truckee Airport Road) off of Hwy 267. Follow the Home Tour signs to the designated parking areas and shuttle buses will take guests on the Tour.

Tickets may be purchased at Dickson Realty, Coldwell Banker, Keller Williams, Prudential Realty, Tahoe Mountain Resorts Real Estate in the Village at Northstar and online at www.ExinEd.org.

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Posted: August 6, 2010