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 Plano, Texas The community of Plano originated in the early 1840's in the Republic of Texas. Most of the early pioneers migrated from Kentucky and Tennessee as small groups of settlers found their way to Collin County's blackland prairie. Initial efforts to settle the area began in 1841, but progress was halted by Indian attacks until 1844. The settlements were widely scattered in 1844 and only a few were made in 1845. In 1846, William Foreman bought Peter's Colony land from Sanford Beck and settled a half-mile northeast of Plano. Plano's birth was due in part to the enterprises of the Foreman family. Mr. Foreman erected a sawmill and gristmill that would be in demand by his neighbors. Later a store and gin were added and these facilities attracted other settlers to the area. Joseph, Daniel and Samuel Klepper took up their head-rights in 1847 at the present site of the city of Plano. Many more people came to help form a community. Silas Harrington, his brother Alfred and Dr. Henry Dye came to settle in 1848. Mr. Dye was the first medical doctor in the settlement. Mail service was established around 1850 and William Foreman's home became the unofficial post office. The scattered settlements had now become a closer community and Dr. Dye felt the need for a proper name and he dispatched to Washington D.C., an application requesting the name of Fillmore, in honor of the President of the United States. The name Fillmore was rejected and the name Foreman was suggested but declined by William Foreman. Dr. Dye, determined to have a community with a recognized name suggested Plano. He understood the word Plano to mean "plain" (to describe the surrounding terrain) in Spanish. Postal authorities approved the name and Plano became the name of the community. William Foreman served as the first postmaster. Although raising livestock was the principal business in the county, more and more of the populace began farming the rich, black land. Churches and schools were built and local business began to prosper. In the closing years of the 1850s growth was steady, but this halted with the arrival of the Civil War. From 1861-1864, the growth of Plano was at a standstill. As the South would surrender in defeat, the men began to return to Plano to pick up their run-down farms and persist again to open more business and trade to attract new people to the area. New people came from the mechanized North as well as the South to escape their gutted communities and farms to start a new life. With the completion of the Houston and Texas Railroad in 1872, the city was on its way to new growth. By 1874 the population numbered over 500. Plano was the first depot by rail entering Collin County by the south. The city was incorporated in June, 1873, and the town's first official mayor was C.J.E. Kellner. Fires in the business district destroyed the original buildings that were constructed with the coming of the railroad; the oldest structure in the district was the only building to survive the fire of 1881 in which 51 places of business were destroyed--the entire business district. Plano's determined businessmen would not be beaten, however, and after a short time of "business as usual," the reconstruction period began. Old burned and wooden structures were replaced with modern brick buildings and a new look of prosperity took place. Buildings and business flourished in the 1880's. Almost anything would be bought or traded in Plano. Throughout much of the 20th century Plano relied on surrounding farms and ranches for its livelihood. By the 1960s, the growth of both Dallas to the south and the success of several large high-technology firms began to make their influence felt on the local economy and city planners began making preparations for the growth they believed was inevitable. When the U.S. population began its historic shift in the 1970s, Plano welcomed newcomers with open arms and this resulted in Plano being one of the fastest-growing cities in Texas and the U.S. Impressed by the meticulous planning and development of the city and the positive attitude of the local business community, many professionals and executives began moving to the city. Today Plano looks and is much changed from the city of just a generation ago, but the growth of the city and the nature of its spirit can be traced back to those first settlers who came to the area 150 years ago. Plano's Economy According to the City's 2008 Comprehensive Annual Financial Report, the top employers in the city are: 1 Countrywide Home Loans (now part of Bank of America) 2 J.C. Penney, Inc. 3 HP Enterprise Services (formerly Electronic Data Systems) 4 Perot Systems Corporation (now part of Dell) 5 Alcatel-Lucent 6 CHC Acquisition Corporation 7 Frito-Lay 8 Dr Pepper/Snapple Group 9 Medical Center of Plano 10 Presbyterian Hospital of Plano Source: Wikipedia  |  | | | | |
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Plano TX Subdivision: Amelia Court Arbor Vista Armstrong Park Audubon Place Avignon Windhaven Belle View Berry Alexander Biltmore Bradford Bradford Estates Briar Hill Briar Meadow Briarmeade Briarpark Village Briarwood East Briarwood Estates Bristol Park Bristol Pointe Bristol Pointe Estates Bunker Hill Bunker Hill Estates Cambridge Place Carriage Hills Castlemere Castlemere Estates Chase Oaks Chase Oaks Village Cimarron Clearview Park Cliffs Of Gleneagles Cloisters Collin Greene Collin Greene Condos Copper Creek Country Place Courtyards At Russell Creek Covington Square Creek Bend Creek Trails Creekbend Estates Creeks Of Willow Bend Creekside Creekside Estates Creekside North Creektrails Crestwood Crestwood At Ridgeview Cross Bend Cross Creek Cross Creek East Cross Creek Seven Cross Creek West Crystal Creek Custer Creek Custer Creek Estates Cypress Creek Cypress Creek Estates Cypress Point Dallas North Dallas North Estates Deer Creek Deerfield Deerfield East Deerfield North Deerfield West Denham Village Douglass Eden Glen Eldorado Park Emerald Lane Enclave at Willow Bend Estates At Fountain Creek Estates At Russell Creek Estates At Wooded Cove Estates Of Forest Creek Estates of Fountain Creek Estates Of Gleneagles Estates of Oakwood Glen Estates of Preston Meadow Estates of Russell Creek Fairfax Hill Fairfax Meadows Fairfield Fairfield of Plano Fairways Of Gleneagles Fairways of Ridgeview Forest Creek Forest Creek Estates Forest Creek North Fountain Creek Foxhollow Foxwood Glen Glen Heather Glen Hollow Glen Hollow Estates Glen Lyon Glen Meadows Gleneagles Glenhollow Estates Glenview Greenhollow Greenhollow Estates Greens Of Gleneagles Greenway Court Haggard Park Harrington Homeplace Haversham Heather Glen Heatherwood Hickory Ridge Hidden Creek Hidden Meadows Of Los Rios High Place Highland Meadows Highland Ridge Highlands North Highlands of Plano Preston Ridge Highlands Of Preston Ridge Highlands of Preston Ridge Highlands Of Russell Park Hills At Prestonwood Hills of Indian Creek Hills of Prestonwood Hills Of Spring Creek Homestead Hunters Creek Hunters Creek Estates Hunters Gate Hunters Glen Hunters Glen North Hunters Glen Village Hunters Landing Hunters Ridge Hunters Square Huntingdon Green Huntington Park Imperial Park Independence Hill Independence Square Indian Creek Kemper Kemper Estates Kimberlea Kings Court of Willow Bend Kings Gate Kings Lake Kings Ridge Kingsborough Kingsbrook at Ridgeview Knolls At Russell Creek La Paz Lake Side Country Lake Side Crossing Lake Side on Preston Lakeside Glade Lakeside Manor Lakeside On Preston Lakeside Shores Lakeside Village Lancer S Leach Legacy Hills Legacy Park Legacy Townhomes- Los Rios Madison Estates Marquis At Preston Park Condo Meadow Ridge Meadows Meadows of Willow Bend Midway Park Normandy Estates Northridge Northridge Estates Oak Point Oakbrook Oakbrook Estates Oakcreek Oakcreek Estates Oaks Oakwood Glen Old Shepard Old Shepard Place Orleans Park Park Bluff Park Blvd Park Bridge Park Brook Park Creek Park Forest Park Forest North Park Hollow Park Ridge Parkbluff Parkbrooke Parker Estates Parker Road Parker Road West Parkside Ridge Parkview Parkway Estates Pasquinelli S Glenridge Pasquinelli S Hidden Creek Pasquinelli S Kingsbrook Pasquinellis Fairway Villas At Pasquinellis Parker Pasquinellis S Hidden Creek Pasquinellis Westbrook Pasquinellis Westbrook At Ridg Pasquinellis Willow Crest Peachtree Village Pebble Brook At Willow Bend Pebblebrook Village Pheasant Landing Pitman Creek Pitman Creek North Pittman Creek Pittman Creek Pittman Creek Estates Pittman Creek North Place Plano Cobblestone Plano East Plano Original Donation Plano Park Plano Parkside Plano Parkway Plano Parkway Estates Plano Trails Plano Whiffletree Villas PlanoEast Portman Ports O Call Post Oak Prairie Creek Preston At Tulane Condominiums Preston Bend Preston Court Preston Cove Preston Creek Preston Crest Preston Green Preston Hollow Preston Lakes Preston Meadow Preston Meadow North Preston Meadow V Preston on the Park Preston Pointe Preston Ridge Preston Springs Preston Square Preston View Preston Village Prestondale Prestonwood Country Club Prestonwood Country Club Estates Quail Creek Quincy Place Ranch Estates Ranger Addition Ravenglass Estates Red Wolf Red Wolf Estates Reflections of Old Shepard Place Regency Park Ridge Gate Ridge Gate Estates Ridgeview Park Ridgeview Ranch Ridgeview Ranch West Ridgewood River Bend River Bend East River Bend North River Bend Park River Bend West Riverbend Riverbend Lakefront Rockcreek Place Rowlett Daniel Royal Oaks Ruisseau Place Russell Creek Rustic Park Santa Fe Santa Fe Estates Shadow Run Shadowrun Shepards Glen Shiloh Park Shoal Creek Southwest Plano Southwood Southwood Estates Spring Bend Spring Creek Spring Creek Parkway Spring Ridge Springwood Creek Steeplechase Stone Creek Stone Creek of Willow Bend Stone Hollow Stone Lake Stone Lake Estates Stonehaven Stonehaven Estates Stonehaven Place Stonehaven Place South Stonetree Stonewood Glen Stoney Hollow Stratford West The Creeks of Willow Bend The Knolls at Russel lCreek The Villas Of Stoney Hollow Thunderbird Estates Timber Brook Timber Brook Estates Timber Brook North Timber Brook West Timber Brook West Timbercreek Estates Town Homes At Legacy Town West Townbluff Townbluff Condominiums Trails Trails Of Glenwood Treyburn Turnberry Village University Estates Village At Legacy Village At Prestonwood Village Condo Village Creek Village North Villages Of Preston Glen Villages Of Preston Meadow Villages of Russell Creek Villages of White Rock Creek Villas of Glen Eagles Villas of Glen Meadows Villas of Los Rios Villas Of Prestonwood Hills Wellington Wellington at Preston Meadows Wellington Estates Wellington Run Wellington Run Estates Wembley Court Wentworth Wentworth Estates West Creek West Creek Estates Westbrook At Ridgeview Westgate Westover Westover Estates Whiffletree Whiffletree Villas Whispering Willows White Rock Creek White Rock Creek Estates Williamsburg Square Willow Bend Willow Bend Country Willow Bend Estates Willow Bend Lakes Willow Bend North Willow Bend Park Willow Bend Place Willow Bend Polo Willow Bend Polo Estates Willow Bend West Willowbrook East Windford Windford Ridge Windhaven Windhaven Farm Windmill Country Windsor Park Wolf Creek Wolf Creek Estates Wood Park Woodburn Estates Wooded Creek Woodhaven Woodlands Of Plano Woods At Russell Creek Woods of Russell Creek Woods Of Suncreek Wyatt North Wyndemere Wyndham Hill  I specialize in the Plano area. 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Financing Your Home >Home Buyers Education
As the number of mortgage lenders increases, competition forces lenders to get more creative in finding ways to lend people money. This often takes the form of giving homebuyers a "break" in the down payment. The downside of this approach is that statistically, the smaller the down payment, the more likely the borrower will default. Lenders have put together an education program to prevent delinquencies, which fills a much-needed gap in the increasingly complex world of home finance.
Home buyer education classes focus on a variety of money management topics, including all the costs connected with obtaining and owning a home. One lender got together with FANNIE MAE (a government-sponsored loan guarantor) to launch a 3 percent down payment loan which requires participation in this education course. Other lenders have shown a decline in the default rate with five percent loans that are associated with similar education courses.
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Where was the great land boom (1919) in which investors paid up to $25,000 for lots not yet dredged up from the ocean?
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The great Florida land boom brought hundreds of investors to the state after Carl Fisher founded Miami Beach in 1919. |
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