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									                                                                                               News 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

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 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


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 (, 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

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