Santa Clarita Valley Real Estate

New $8,000* Tax Credit For 2009, Congress has enacted an $8000 credit specifically to help first-time homebuyers. To qualify, you can earn no more than $75,000 as an individual or $150,000 as a married couple that files a joint tax return. If you do qualify, you will be able to deduct the full $8,000 from your federal tax liability. Or, if you owe less than $8,000, the government will subtract the amount you owe from $8,000 and send you a check for the difference. Only first-time homebuyers who purchase their principal residence on or after January 1, 2009 and before December 1, 2009 are eligible. You will also be considered a first-time buyer if you have not had any ownership interest in such a home in the three years previous to the day of your 2009 purchase.` For detailed information about the tax credit, click on, First Time Home Buyers Tax Credit. For more information about the $8,000 tax credit, please email or call our office now. You will be put in touch with a local Weichert S

The City’s Planning Commission will hear a presentation from City planners and the project consultant regarding the draft Housing Element of the new General Plan on Tuesday, November 18, 2008 at 5 p.m. in City’s Century room located on the first floor of City Hall at 23920 Valencia Boulevard. The draft Housing Element is one of seven elements of the joint City/County General Plan, One Valley One Vision. As a required element of the General Plan, the Housing Element is part of the comprehensive planning document that provides a framework to guide new development in the City. The Housing Element contains information about the number and type of homes that must be built in order to ensure that all residents in the City will have a safe and healthy home in the future. The Element is being prepared to help Santa Clarita meet local and regional housing goals and to comply with State General Plan requirements. The public is invited to attend the study session which will be held before the Pla