American Premium Water Corp. (HIPH)

[stevo51]

Expert Group, Inc. (Expert - OTC: EXPU) has the wind at its back. It is taking advantage of the difficult economice times to build their business. May was their largest month ever.

Recent favorable tax credits designed to increase home ownership.
Recent low mortgage rates and the ability to help borrowers modify and improve their credit scores.
Low home prices are driving first time home buyers into the market.
Now -- news is the federal government is considering INCREASING THE TAX CREDIT TO $15K.



A bill currently in the Senate calls for a $15,000 tax credit for all buyers of primary residences, with no income limit, for a period of 12 months.



The current $8,000 tax credit, first passed in February as part of a $787 billion fiscal stimulus plan, is limited to first-time home buyers and expires at the end of November. The proposed plan would expand eligibility to all home buyers and increase the credit to $15,000.



Stimulating the housing market is one of the best ways Congress can help accelerate the recovery of our national economy. Offering $15,000 to potential homebuyers is a powerful incentive that will again jumpstart the housing market -- particularly when you consider this is for ALL homebuyers not just first timee homebuyers.



The general consensus is that the housing market has the ability to stabalize the economy.



This is a bipartisan proposal and the tax credit is refundable as a tax refund if the person's tax liability is less than the amount of the credit, so borrowers can take full advantage of this benefit.



ADDTIONALLY THERE IS A PUSH TO MAKE THE tax credit available at the closing table. One of the greatest hurdles for many homebuyers is saving money for their down payment. If this money could be made available at the closing table, as FHA has done with the existing tax credit for first-time homebuyers, it will have the potential to help even more borrowers.



Company Contact:
The Expert Group, Inc.
17501 Biscayne Blvd. Suite 5-E
North Miami Beach, FL 33160
Telephone:305-949-LOAN (5626)
Fax: [phone]
[e-mail]




Investor Relations
David Elias
516-967-0205