Monday, September 1, 2008
Last Month for DAPS + $7500 Tax Credit- ACT NOW!, FHA Funds to Close, Prevent ID Theft
Happy Labor Day! I hope that your holiday and week is blessed. As a new school year is beginning across the country, I thought you would enjoy the facts about education in America. See further below in this newsletter.
Do You Realize??????? Do You Realize that this is the LAST month in which buyers can do a Downpayment Assistance Program (and have the seller pay their cost) AND get their $7500 Tax Credit? Downpayment Assistance Programs are GONE as of 9/30- Time to Act Now! Call us today at 972-278-3400 when we can be of assistance to close. We have in-house processing, underwriting and closing AND because everyone on my Team is an underwriter (including myself), we can underwrite the loan upfront!
FHA Funds To Close
In our commitment to continue to give you more ways to close, we are starting a The Davidson Group (TDG) Mortgage Tube audio/video on the 22 ways that FHA allows funds to close. Visit us for a detailed explanation :
http://www.youtube.com/watch?v=LuZWzgLe1DM PART 1
I will send PART 2 of Funds to Close this week (having technical webcam issues). Stay tune!
Available By Request:
Per popular demand, the following forms are available by request (just send us a quick email to ldavidson@servicefirstmtg.com or call 972-278-3400):
- The 22 Ways Buyers Can Obtain Funds to Close on a FHA loan
- Quick Reference Guide to the $7500 Tax Credit (Ready- Made Flyer for clients)
Interesting Facts on America Education
Gotta Go Back... Back... Back to School Again
The cast of Grease 2 began the movie with an ode to the end of summer and the beginning of the school year. As we head into the first week of September, parents and students across the country are singing the same tune. In honor of the new 2008-09 school year, here are some interesting facts about education in America:
56 million students are expected to enroll in kindergarten through high school this year.
3.3 million students are expected to receive high school diplomas this year.
10.9 million school age children who speak a language other than English at home - 7.8 million of them speak Spanish at home.
Over 30 million children participate in the national school lunch program (based on 2007 data). This is 54% of the students.
There are 7.1 million teachers in the United States, with 2.9 million of them teaching elementary and middle school.
More than 18 million students are enrolled in colleges and universities this year, which is up from 13 million students 20 years ago.
· More than 3 million students are expected to earn their college degrees this year.
Did you know that Texas is the No. 2 in ID theft? Here is a great site to help prevent ID theft. Share it with those you know: http://www.texasfightsidtheft.gov/
Have a blessed week. When we can be of assistance to you, please call us at 972-278-3400. Linda
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