Homebuyers’ stimulus jump-starts Conejo Valley real estate

New owners applaud $8,000 rebate program

The deadline for first-time homebuyers to take advantage of an $8,000 tax credit is Nov. 30. The credit is offered through the American Recovery and Reinvestment Act of 2009.
The tax credit applies to first-time homebuyers. The credit of up to $8,000 is available to homebuyers who have never owned a home or have not owned one in the past three years. To qualify for the credit a home must have closed escrow between April 8, 2008, and Nov. 30, 2009.
The offering is part of President Obama’s...

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