It's time to buy a home in Florence, AL!

The American Recovery and Reinvestment Act of 2009 ("Recovery Act") was signed into law by President Obama on February 17, 2009. For more information, click HERE.

NOW is the time to buy a home! President Obama has included $8,000, or 10% of the home's value (whichever is less) first-time home buyer's tax credit in his $75 billion stimulus package. People that buy their first home this year and claim the $8,000 tax credit on their 2009 income tax will see the total amount even if the amount they paid into withholding during the year was less than than that amount!

This three-part plan that will give low-cost refinancing for about five million Americans, provide financial incentives to lenders and create a new insurance program to promote more mortgage modifications.

This is great news for first-time home buyers!