New $10k California Tax Credit for New Home Purchase

New Homes – California

On March 25th, Gov. Arnold Schwarzenegger signed into California law $100 million allocated for new home purchases becoming available May 1st. New homes must close escrow before December 31st of this year and the tax credit lasts only as long as the funds are available.

“We are urging prospective buyers that they should not wait until May to secure a home,” said Vanessa Linn, vice president of sales and marketing for Shea Homes. “Select your dream home today and reserve the tax credit starting May 1. Last year’s state tax credit lasted just a few months, so we are excited to start working with prospective buyers right away.”

Shea Homes, one of the biggest new homes builders in San Diego, offers new homes ranging from affordably priced condominiums and townhomes to traditional single-family detached homes and magnificent luxury residences.

New homes in San Diego are now selling at 11 neighborhoods throughout the county:

• Agave, Clover, Sapphire and Amber at Windingwalk in Chula Vista
• Estrella at San Miguel Ranch in Chula Vista
• Maravilla at San Miguel Ranch in Chula Vista
• Mosaic and Tapestry at Lomas Verdes in Chula Vista
• Chaparral Ridge in Escondido
• Maderia and Mandolin at Del Sur in San Diego

For more information, visit a Shea Homes neighborhood and talk to a sales representative.