Boy that was fast! We just got the news on that this month! I guess $200 million doesn't go as far as it used to. Wow I did not see that one coming. This is why it is good to BE IN THE KNOW. It sounds as though the state didn't account for the properties already in escrow. Some monies remain for new homes but I'm sure it will go fast as too. Well for those of you who will receive the credit I say "Congratulations"!
Remember: BE IN THE KNOW!
Carl O
http://www.scribd.com/doc/30004298/California-Homebuyer-Tax-Credits
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