Jerry Bice II
For release:
September 1, 2011
Governor Brown Signs Bill Preventing Gouging of Condominium/Townhome Buyers
LOS ANGELES (Sept. 1) – The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) applauds Gov. Jerry Brown for signing AB 771, a bill that prevents home buyers in a common interest development (CID), such as a condominium or townhome, from being charged excess document fees. Continue reading “Gov. Brown signs AB 771”
Gov. Arnold Schwarzenegger has signed a new bill providing up to $10,000 in tax credits for both new-home buyers and for first-time buyers of existing homes.
An earlier round of state tax credits offered last year were for new-home purchases only. That program was so popular that homebuyers depleted the full $100 million eight months before the deadline. Continue reading “Gov. signs new homebuyer tax credit”
On Monday, the legislature passed AB 183 (Caballero & Ashburn) which would provide $200 million for homebuyer tax credits. The Governor is expected to sign AB 183 into law before the end of the week. C.A.R. supported this important legislation. Continue reading “Governor Expected to Sign Homebuyer Tax Credit”