RAMS teams up with Residex to attract first time property investors

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RAMS Home Loans has teamed up with Residex to provide property investors with free state of the market reports to help them select suitable properties.

AUSTRALIA, 15 March 2010: Capitalising on the increased appetite for investing in property, RAMS Home Loans has teamed up with Residex to provide property investors with an innovative solution to help them buy their first investment property.

RAMS is now able to provide customers with a unique service that can help take the leg work out of buying an investment property.

RAMS Head of Franchise, Clive Kirkpatrick said that the relationship with Residex would enable participating RAMS Franchisees to help guide prospective property investors through the main steps of an investment property purchase process.

“Armed with Residex reports, RAMS Franchisees can provide customers with useful information about how to get started, how to select an appropriate property and the main costs involved with owning an investment property. They can also help customers to work out how much they might be able to borrow and help them to identify which suburbs best fit their budget and personal selection criteria,” said Mr Kirkpatrick.

“Once a customer has identified a suburb [or suburbs] that they want to focus on, we can provide them with a free Residex ‘State of the Market’ report on their chosen suburb or postcode area.”

Residex ‘State of the Market’ reports include information such as the median sale price, median rent, rental yield, number of sales, historical growth and Residex’s predicted growth for that suburb over the next 5 and 8 years. We can also provide customers with a representative list of current properties for sale in their chosen suburb and within their price range.

Mr Kirkpatrick continued, “Once a customer has identified a property we can provide them with a free Residex Comparative Market Analysis report which provides sales history, street rating information and recent comparable sales. In conjunction with their own analysis, the Comparative Market Analysis report can help customers decide how much they are willing to pay for the property.”

For a free First Time Property Investor Pack potential property investors can call 13 RAMS (13 7267) to arrange an appointment with their local RAMS Home Loan Centre.

--ENDS--

For further information: Paul Smith on 02 8218 6359 or email info@rams.com.au

*The Comparison Rate is based on a secured loan of $150,000 over the term of 25 years. This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. A comparison rate schedule is available at any RAMS Home Loan Centre, accredited brokers office or at www.rams.com.au. Fees, conditions and lending criteria apply.

Fees, conditions, limitations and lending criteria apply. RAMS Financial Group Pty Limited ABN 30 105 207 538 WA Finance broker licence No. 4602. Credit Provider: Westpac Banking Corporation, ABN 33 007 457 141.

--RAMS: AWARDS AND RECOGNITION--

RAMS won the 2009 Money magazine, Non-Bank Lender of the Year Award. Money magazine nominated RAMS Basic home loan as one of the top home loans a long with the five-year fixed residential and investor loans.

RAMS achieved a 2009 Canstar Cannex 5 star rating for the RAMS Basic Loan and RAMS 2, 3, & 5 Year Fixed Loans.

--ABOUT RAMS--

"Registered Australian Mortgage Securities" (RAMS) was originally formed in 1991 and the RAMS Home Loans brand was later launched to the retail market in 1995.

RAMS Home Loans was designed specifically to offer Australian home buyers a competitive source of finance and a flexible, customer-oriented alternative.

Currently there are 46 RAMS franchisees operating more than 70 RAMS Home Loan Centres in both metropolitan and regional areas, and RAMS is opening new centres around Australia all the time.

Every RAMS Home Loan Centre is independently owned and operated by local franchisees and all RAMS franchisees are chosen for their integrity, extensive industry or business experience, and commitment to customer service excellence.

RAMS Home Loan Centres are open 7 days a week. However, if customers aren’t able to make it to a RAMS Home Loan Centre, an experienced RAMS Home Loan specialist can visit them at their home or office.