SOURCE: The Radco Companies

The Radco Companies

The Radco Companies

April 14, 2010 17:37 ET

Now Is the Time to Purchase at The Met Warner Center

"Double-Dip" Using the Federal and California Tax Credit Programs at L.A.'s 2009 #1 Selling Community

WOODLAND HILLS, CA--(Marketwire - April 14, 2010) -  Governor Schwarzenegger recently signed a $10,000 Homebuyer Tax Credit legislation allowing California first-time homebuyers of newly constructed, previously unoccupied homes, or first-time homebuyers purchasing an existing home on or after May 1, 2010, to receive a California tax credit of up to $10,000 or 5 percent (whichever is less) of the cost of the home. For a limited time, homebuyers can "double-dip" and take advantage of a once-in-a-lifetime opportunity to get both the Federal and State of California tax credits.

Now is the perfect time to purchase at The Met Warner Center, a 1,279-unit gated condominium community located in the heart of Warner Center. Time is of the essence and potential homebuyers should take advantage of this opportunity quickly. The recently signed California Homebuyer Tax Credit picks up where the Federal Tax Credit drops off on April 30, 2010. To qualify for both the Federal and California Tax Credit programs, a new home must be under contract by April 30, 2010 and close escrow after May 1 and before June 30, 2010. Homebuyers can apply for the State of California tax credit after May 1, 2010.

The Met Warner Center is a true residential destination. Comprising 16 three-story buildings, The Met's units range from approximately 800 - 1,100 square feet and are a mix of one-, two- and three-bedroom condominium residences, some with loft spaces. The Met Warner Center offers not only the perfect location, but one of the best amenity packages around for an active lifestyle. Residents can enjoy the community's four resort-style swimming pools, the state-of-the-art fitness center, a community clubhouse, six lighted tennis courts, a racquetball court, a brand new indoor basketball court, men's and women's locker rooms with saunas and steam showers, lush landscaping and an intimate courtyard gathering area.

The amenities don't stop there. The Met Warner Center also extends superior amenity offerings through its condominium residences including its unique collection of homes called the Signature Series®. This select series of one-bedroom residences are priced from the low $200s and include $30,000 in developer upgrades. Additionally, the developer is offering a $10,000 developer incentive on a limited number of homes included in the Signature Series®.  The incentive may be used to cover closing costs or towards a rate buydown, HOA fees or other associated costs.

At The RADCO Companies, each front door is viewed as a gateway to a lifestyle of unparalleled luxury, comfort and convenience. Our passion is combining real estate with superior service. We treat homeowners like partners, working with them every step of the way. Our "Building Better Living" seal assures homeowners that we build on our legacy of thoughtful design, superior finishes and exceptional service. The RADCO Companies provide spectacular yet surprisingly intimate places that homeowners are proud to call home -- places where expectations are exceeded every day.

For more information about the State of California's Tax Credit program, homebuyers should visit http://www.ftb.ca.gov/individuals/new_home_credit.shtml or contact the home sales experts at The Met Warner Center. For more information about The Met Warner Center, please call 818.712.9717, visit the website at www.TheMetWC.com or stop by the community located at 5555 Canoga Avenue; Woodland Hills, CA 91367.

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