Ramsey Yount's (ramsey) Blog

Google Local Helps New Homeowners Find Their Way! Google™ released a new localized service in March of 2004. Many relocated homeowners have used this search feature to get to know their new neighborhood.Simply visit www.local.google.com and enter the type of service or business you are looking f...

Various Ways to Hold Title to Real Property Title is the legal documentation that bestows ownership of real property. This is to be indicated in Part II of the 1003 Uniform Residential Loan Application as "manner in which title will be held."The decision of how the title will be held should not ...

What Are Points and When Should You Pay Them? Points are up-front fees paid to obtain a better interest rate on a loan. One point equals one percent of the loan amount. A lower interest rate may result in a lower monthly payment, but it is important to consider how long you intend to be in the l...

What is Negative Amortization? A negative amortization loan is an adjustable rate mortgage that allows the consumer to tap into home “equity” by offering several monthly payment options. Up to an additional 25% of the original loan amount is available to the borrower.This flexibility works well ...

STEP 1 - DEFINE NEEDS FOR YOUR NEW HOME Congratulations on your decision to purchase a new home! Your first step toward buying your new home will be to analyze your needs. Your real estate agent can help you determine exactly what you want your new home to look like and how it should function for...

 This came from one of my account executives.  He brings up some great points!  Uncovering your own secret of selling: Why you buy! Think about your most recent purchases. They hold the secrets to increasing your sales. Last week, during a seminar, I was in a stream of consciousness talking about...

How Adjustable Rate Mortgages Work During the last decade, Adjustable Rate Mortgages (ARMs) have increased in popularity among consumers. These days, few homeowners (especially first-time buyers) remain in their homes for more than seven years. In this case, it often makes sense to get an adjust...