San Diego Home Inspection

Great news for the Home Inspection Industry - the homebuyer tax credit has been extended in to 2010.  The bill provides up to $8,000 tax credit that would be available to first-time home buyers for the purchase of a principal residence on or after January 1, 2010.  The credit does not require repayment.  The credit will be managed the same as under the 2008 rules:  the credit will be claimed on a tax return to reduce the purchaser’s income tax liability.  If any credit amount remains unused, then the unused amount will be refunded as a check to the purchaser.  This action by the federal government should directly inpact the San Diego home inspection industry.  Increased sales means an increased number of property inspections.