SOURCE: Expert Group

December 06, 2007 16:05 ET

Expert Group, Inc. Offers the American Dream Down Payment Grant Act

MIAMI, FL--(Marketwire - December 6, 2007) - Expert Group, Inc. (PINKSHEETS: EXPT) is proud to announce its Marketing Campaign to bring to the public the availability of Government Grants provided by the state of Florida, along with the corresponding counties and cities, to assist families in reaching the American Dream. We specialize in first time Grant programs that the state of Florida is offering which is called Florida Down Payment Assistance.

Shirley Rico states, "We at Expert understand and can assist with the grant process that is being offered by select cities not only in Florida, but throughout the U.S.A.; the local and federal governments are stepping in to assist and to reinsure the message that the American Dream is not lost."

The Federal Government has allocated over $44 Million for house purchase assistance throughout the country and over $756,000.00 for the state of Florida, where more then 700,000 families will be benefited. These grants will help families in becoming homeowners and these monies become theirs after the purchase.

Florida Down Payment Assistance

The American Dream Down Payment Act is a down payment assistance initiative that allows grants to be given to participating jurisdictions to assist low- to mid-income families and uniformed employees such as, policemen, firemen, sanitation, maintenance workers, and teachers who are employees of the participating state to achieve homeownership.

Grants made available under this initiative may be used only for down payment assistance toward the purchase of single family housing by eligible families. The allocation formula for the grant amounts are done by considering the state of Florida or the participating jurisdiction's prior year's commitment to assistance to homebuyers, the formula shall consider amounts committed to such purpose under the home investment partnerships program, the community development block grant program, mortgage revenue bonds, and prior year's funding from State and local governments, provided that the data underlying such funding is uniform, verifiable, and accurate by the State and local government, and shall consider other factors that the Secretary determines to be appropriate.

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Expert Group, Inc. is a diversified financial services company, which markets a variety of financial products and services through Expert Financing, Expert Group Title Services and Expert Credit Fix.

Expert is licensed by the department of Financial Regulations and a member of FAMB. Since inception Expert has originated over 50 million in Origination. We offer stock option plans to our loan officers, Brokers, Title agents and processors.

Certain statements in this release and the attached corporate profile that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors.

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