STADIUM LOFTS on Best Deals TV Show

First-time buyers can get up to $18,000 in tax credits plus up to $250,000 off a Stadium Lofts Home at THE EVENT on March 28, 2009.

If youre a first-time home buyer interested in purchasing a home at Stadium Lofts, meet the federal tax credit income requirements, and meet the federal and state requirements for principal residence, you can qualify for a combined $18,000 in tax credits.

In anticipation of the tax credits, Stadium Lofts—a new condominium community located in the heart of Anaheims Platinum Triangle—announced a one-day-only sales event of 60 of their premium loft-style homes. These homes are being released for sale on March 28th with prices starting in the low $200,000s and savings of up to $250,000 off.

We know buyers are out there, said Bobbie Seegers, Stadium Lofts Sales Manager. To test the market before we launched the spring EVENT, we set some very aggressive pricing on select properties, rolled them out to our hot prospect list, and sold 8 immediately. That convinced us to go forward.

One of the home buyers to take advantage of Stadium Lofts market test was Veronica Toledo. Toledo says she was looking to buy a fixer-upper, but always had her eye on Stadium Lofts. When I first looked into it, the pricing wasnt in my comfort zone, she says of Stadium Lofts. I love the area and Im a huge Angels fan. I was ready to buy a house, but was having second thoughts because of the additional investment Id have to make before I could move in, then I got the call from Stadium Lofts.

As a first-time home buyer, Toledo will be able to take advantage of the new tax credits offered by the state and federal government, by buying a brand new home at Stadium Lofts.

Whats the rush?
If you snooze, you might lose. The state tax credit has a reserve of $100 million. According to the SB 15 bill, credit apportionment will be made on a first come, first served basis. With the surplus of unsold new home stock in California, state officials estimate that the full $100 million will be reserved by the end of 2009, perhaps in the first few months of availability. The federal part of this equation has an expiration date of December 1, 2009 and is for first-time homebuyers only.

Furthermore, the opportunity to buy a new Stadium Lofts home at an amazing price, and take advantage of historically low interest rates, tax credits, and developer incentives is for a one-day-only—Saturday, March 28th.

To purchase one of the 60 EVENT homes on March 28th you need to tour Stadium Lofts in advance, select three top home choices from THE EVENT list, pre-qualify, and pick up a validated EVENT Pass. For more information on THE EVENT, visit www.stadiumloftsNOW.com or call 1-888-886-7073.

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