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Financing Your Home >Your Mortgage
Many homeowners overlook the mortgage payment as a tool for financial management. They get the mortgage, move in, make the payments, and pay off the loan eventually. Smart homeowners know that by properly adding to their monthly payments, even by a small amount, they can substantially reduce the term of their loan, not to mention the total interest they will pay. In fact, prepaying one full year of a standard mortgage can save thousands of dollars in interest. The key is to do it properly and to find the right lender for whom prepayment is not a problem.
More progressive lenders allow the option to add money to the monthly payment which goes directly to the principal. How much should you add? It's largely a personal decision, and it depends on your cash flow. But be mindful of the fact that the mortgage interest rate is probably the lowest interest loan you will find, so don't short yourself with prepayment only to run up credit card debt!
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What famous Art Deco skyscraper is decorated with eagle hood ornaments, hubcaps and abstract images of cars?
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New York's Chrysler Building, designed by architect William Van Alen in 1930, was one of the first buildings composed of stainless steel over a large surface area.
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Eric Burch and Ann Burch
Burch & Co. Real Estate
PO Box 16367
Jonesboro, AR 72403
Eric's Cell: 870.919.4968
Ann's Cell: 870.243.1332
Office: 800.440.0976
Fax: 800.440.0976
Main E-Mail: team@ericburch.com
The name Eric Burch is synonymous with excellence in the Jonesboro real estate market. In our first four years, we have closed over 60 million in real estate transactions. For 2010 and 2011, our team was named the Overall Top Sales Team for Jonesboro. And Eric has been voted Jonesboro's Local Favorite Real Estate Agent three years in a row. Eric has definitely made a name for himself and his numerous awards and increasing sales numbers are proof that he and his team are willing to go that extra mile for their clients. With The Eric Burch All Star Team you are not getting just one realtor. You are getting a whole team on your side. This team consists of four realtors, a marketing specialist and a virtual assistant. Eric's wife, Ann, is an associate broker and works as Eric's full-time assistant and closing agent. We have a team of agents specializing in working with buyers. Scott Throgmartin is our personal builder, working to build nice spec and custom homes. We also have two licensed assistants. Connie Mauppins works as our transaction coordinator and Jennifer Jones is our seller coordinator, marketing specialist and helps with listing maintenance. This team has proven success and is willing to work hard for you. Give us a call today!    
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