Posted in General on February 26th, 2009 at 12:14 AM


February 17, 2009
The 2009 Stimulus Plan has passed!

The Federal Government has passed The American Recovery and Reinvestment Act. As a first-time homebuyer you may be eligible for a tax credit up to $8000 if you purchase a home during the 2009 tax year. Unlike the 2008 version of the First-Time Homebuyer Tax Credit, this does not have to be paid back if you stay in your home for 3 years after purchase. Rates are at historic lows and home prices are becoming increasingly more affordable. Take Advantage Now! Call your Superior Mortgage Representative for more details. Superior Mortgage is providing this information on the 2009 Stimulus Package to inform anyone that could be eligible. We are NOT providing tax advice. Consult your tax professional to determine if you would be eligible for the tax credit provided under this new Federal Government program.