Can you qualify for the first time home buyer’s tax credit to purchase a Burlingame Home?
0 Comments Published by chrismolnar November 18th, 2009 in Burlingame, Buyer Tips. by chrismolnarMost Burlingame houses for sale do not qualify for the $ 8,000 Tax Credit. The credit has been extended to buyers who are in contract by April 30, 2010 and is available to anyone who is a first time homebuyer or has not owned a primary residence for the past 3 years. We are delighted that the income level requirements have been raised to $ 125,000 for individuals and $ 225,00 for joint filers. What most people do not realize, is that the purchase price can not exceed $ 800,000. There are only 3 single family Burlingame homes for sale that are priced under $ 800,000. They are located at: 101 Victoria, 1443 California Drive and 812 Peninsula Ave. However if you are in the market for a condo, you have more choices. 18 condos are offered for under $ 800,000, all are one or two bedroom units.
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