VIEWS: 3 PAGES: 2 POSTED ON: 3/1/2010
News Release FOR IMMEDIATE RELEASE For Further Information Contact: Terri Macdonald, 480-377-9366 Kelly Cairns, 480-481-8431 Making Sense of the Changing Mortgage Market? Rely on a Real Estate Professional SCOTTSDALE, Ariz. – (Nov. 2, 2007) – Conforming. Jumbo. ARM. Loan to Value Ratio. Balloon. If these mortgage terms seem unfamiliar to you as you look to buy or sell a home, take heart. There is someone to not only translate and explain these terms and how they apply to you, but to guide and counsel you through the process of obtaining a mortgage. That someone is a licensed real estate professional. In addition to helping clients find the home of their dreams or negotiate the best price for a property they are selling, real estate agents can provide invaluable information about the types of loan programs that exist, suggest lenders with proven, reliable track records and liaise with a mortgage counselor to monitor the progress of a customer’s transaction. Sales associates at Coldwell Banker Residential Brokerage can guide clients through the pre-approval process by putting them in touch with an in-house Mortgage Advisor or Loan Officer affiliated with Coldwell Banker Home Loans. Getting pre-approved through Coldwell Banker Home Loans is a convenient and timely experience which serves two purposes. First, clients have begun the process of securing financing, an important step that allows the customer to shop with confidence and compete in the housing market. And second, learning how much home a customer can afford saves time during the house hunting phase by focusing the search on appropriate price ranges. An added bonus is that real estate agents and sellers view customers who are pre-approved as serious buyers because financing is already arranged, which may be an advantage when making an offer. According to Deborah Lange, Regional Manager for Coldwell Banker Homes Loans, arming clients with information is vital to a smooth transaction, especially in an ever-changing market environment. “When it comes to obtaining a mortgage, it is important to understand the many options that are available to consumers. In addition, understanding how the mortgage terms and interest rates will affect the monthly payment is critical to achieving long-term success as a homeowner,” said Lange. Today’s consumer is best served by being an educated consumer. Those interested in learning more about how to navigate current real estate conditions – and how to take advantage of the buyer’s market and historically low interest rates – should start that education with a local real estate professional. Visit www.AZmoves.com or call 480-481-8431 - more - About Coldwell Banker Residential Brokerage – Arizona Coldwell Banker Residential Brokerage Arizona is owned and operated by NRT LLC, the largest residential real estate brokerage company in the United States. With over 30 offices and close to 2,000 real estate professionals in metro Phoenix, metro Tucson, the White Mountains and Northwest Arizona, the organization has been recognized as one of the top 20 brokers in the nation. Coldwell Banker Residential Brokerage Arizona has 17 residential real estate branch offices throughout the metro Phoenix area and offers one-stop shopping through a builder services division, a relocation division, a concierge service and mortgage and title services. Coldwell Banker Residential Brokerage Arizona also has eight branch offices in metro Tucson and eight branch offices in western and central Arizona. In 2006, Coldwell Banker Residential Brokerage Arizona accounted for $4.5 billion in total closed sales volume. The company hosts a website at www.AZmoves.com. About NRT LLC NRT LLC is the nation's largest residential real estate brokerage company, with 1,000 offices, 59,000 sales associates and 8,000 employees operating in 35 major metropolitan areas. NRT, its affiliated companies, marketing partners or joint ventures provide mortgage, title, insurance, escrow, warranty, relocation and concierge services to NRT's family of companies. NRT's commercial operations rank as the 12th-largest corporate-owned commercial real estate brokerage in the United States. In 2006, NRT accounted for more than $193 billion in closed sales volume. NRT (www.nrtinc.com), a subsidiary of Realogy Corporation, operates Realogy's company-owned real estate brokerage offices under the world- renowned brand names of Coldwell Banker®, Coldwell Banker Commercial®, ERA®, Sotheby's International Realty® and The Corcoran Group®. Realogy is the world's leading real estate brokerage franchisor.
Pages to are hidden for
"FOR IMMEDIATE RELEASE"Please download to view full document