April 2008 The New Quick Mortgage Minute
Weekly Newsletter for Your Business! 
 
Sam
Dear Sam,
 
More than 130 million Americans will receive tax rebates this year as part of Congress' $168 billion economic stimulus package. 

Payments begin in about two weeks and range from $600 for individuals to $1,200 for couples, plus an additional $300 per child.

Not everyone is eligible for a full rebate, however.  For single filers earning more than $75,000 and joint filers earning more than $150,000, the tax rebate is reduced by $50 for each $1,000 of income beyond the limits. 

An individual with no children, therefore, will not receive a tax rebate if income exceeds $87,000 annually.   The IRS provides a tax rebate calculator that can help make sense of the math.

For late income tax filers, the IRS send rebate checks about two weeks after the returns are processed, but not before the regularly scheduled date.

Stimulus Payment Schedule for Tax Returns
Received and Processed by April 15

Direct Deposit Payments

If the last two digits of your Social Security number are:

Your economic stimulus payment deposit should be sent to your bank account by:

00 - 20

May 2

21 - 75

May 9

76 - 99

May 16

Paper Check

If the last two digits of your Social Security number are:

Your check should be in the mail by:

00 - 09

May 16

10 - 18

May 23

19 - 25

May 30

26 - 38

June 6

39 - 51

June 13

52 - 63

June 20

64 - 75

June 27

76 - 87

July 4

88 - 99

July 11

 
So, let's call anyone that needed money to close or that had some collections that needed to be paid off and let's help them stimulate their housing and credit situation with this check!
 
Sam Thompson, Senior Mortgage Advisor
Mortgage Services, PHH Mortgage
 
843-230-7929
 
justone2
 
That's all I am asking you for!  For every realtor that reads my emails to close just one loan by the end of this year!  I would really appreciate you if you do and I want you to see how we do it and then, I am sure that you will keep calling us for your clients!  We make it look easy!!
 
Just give me a 'sample order' to see if I am worthy of your business...  Just tell your buyers that "Sam has been dieing to show me how good he is.  Let's give him a try to see if he is as good as he says."
 
Call me!
 
Agent Scenario Brainstorming!
 
innovationgrahic

LET ME HELP YOU WITH YOUR BRAINSTORMING!!!!

Whenever you are trying to get a deal signed, let me help you with several scenario options.  By working together as a team with your buyers, we can come up with a solution for your buyers that the seller can live with too.  This can involve seller concessions, seller gifts, changes in the purchase price, different loan terms, different loan programs, etc.
 
Remember that 2 heads are better than one and with me, if I can't think of a good solution, I'll call my Mortgage Advisor Help Desk to get them involved too.  If that doesn't work, I'll call underwriting or fellow Mortgage Advisors, etc...
 
I will help you sell more homes!!!
 


My brands* that I represent are:

 
phhlogo     cblogo 
 
    c21logo    eralogo
 
Want to jazz up your website?  Add the "get approved" graphic below and then put my website link in the properties of the image as follows.  Call me if you need help with this.


*Any time I am working with your client, if you are under a specific brand, I am projecting your brand logo in all that I say and do as do my colleagues.
 

Weekly Tip -  A Great Veteran Gift!
 
foldedflag

Presenting An American Flag at Veteran Closings!
 
I read an email from a colleague that said he purchased a nice American flag for around $16 and presented it to the veteran at closing and said that he enjoyed helping him and that he was very honored to be able to help him.  Also, that he was very proud of what they do to protect our country and that he was grateful for their servicing our country to help protect our freedom.
 
My colleague said that the veteran was happier about getting the flag than he was about getting the house!
 
Think about doing this for all of your veterans and for any veterans that I close for you, I'll help you with the purchase of the flag and we can present this together.  It is a nice touch and very thoughtful gift that will be very appreciated.  We can even get one of those flag and pole kits that mounts to their new home!
 
I would be proud to do this with you!  These are the kinds of things that will ensure your continued success in real estate in building a strong referral base for years to come.
 
 
 
 
Weekly Mortgage Commentary Snippet
 Rate Lock Advisory - Monday April 28st.


This week is packed with relevant pieces of economic news in addition to another FOMC meeting. All seven of the reports are considered to be at least moderately important while several are considered very important to the markets and mortgage rates. This makes it likely that we will see plenty of movement in mortgage pricing over the next several days.

click here.