Here is good visual of the latest version of the tax credit proposal being debated on Capital Hill for home buyers.

source: Wall Street Journal
Any thoughts on what you think would be the best scenario?
For information in general on Santa Barbara Real Estate, Montecito Real Estate and/or our surrounding areas, as well as any other aspects of life in our area, please don’t hesitate to contact Kevin Schmidtchen at Sotheby’s International Realty.
Further Reading: First Time Home Buyers Get Upbeat News from Stimulus Package, Is My Realtor a Santa Barbara Neighborhood Specialist?, Santa Barbara Real Estate Market Statistics, Santa Barbara Real Estate - General News, Santa Barbara - The Oceanfront Areas, Santa Barbara - Community Events, Santa Barbara Luxury Real Estate, The Hope Ranch Neighborhood - Information and Statistics
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