Burgdorff Realtors

Affiliated Business Arrangement Disclosure

Thank you for contacting us, your local Burgdorff ERA office (hereinafter Broker), in connection with the purchase or sale of a home or other property. This is to give you notice that Broker has a business relationship with the companies listed in this Statement, in that each of the companies is wholly or partially owned either directly or indirectly by NRT Incorporated or by Realogy Corporation. Realogy Corporation indirectly wholly owns NRT Incorporated, a parent company of your local Broker, and other brokerage offices throughout the nation. Realogy Corporation also owns the franchisor of the COLDWELL BANKER®, COLDWELL BANKER COMMERCIAL®, ERA®, CENTURY 21® and sotheby’s international realty® systems. Because of these relationships, the referral of business to these companies may provide us, our employees or other related parties noted herein a financial or other benefit. In connection with providing real estate brokerage services, Broker may receive a commission or a cooperative brokerage referral fee for a referral to another real estate brokerage company (which is typical in the real estate brokerage industry); however, this will not affect the amount you pay to purchase or sell a property.

We have set forth below the full range of services that these companies provide, along with an estimate of the range of charges generally made for these services. You are NOT required to use the listed companies as a condition of the purchase or sale of your property. THERE ARE FREQUENTLY OTHER SETTLEMENT SERVICE PROVIDERS AVAILABLE WITH SIMILAR SERVICES. YOU ARE FREE TO research other options to determine that you are receiving the best services and the best financial opportunities for these services.

COMPANIES	HUD-1 DESCRIPTION/LINE DESIGNATION	ESTIMATE OF RANGE OF CHARGES GENERALLY MADE BY PROVIDER1
ERA Home Loans Provides a full range of residential first mortgage loan products and services.	Loan origination fee/ (801) Loan discount fee/ (802)2 Application fee/(800) Series3	0-2% of loan amount 0-5% of loan amount $0-450
NRT Title Agency, LLC Provides searches of public records that bring to your attention any known problems with the property's title before closing, and insures against loss due to certain title defects.	Purchase of title policy (1108-1110): $100,000 home $250,000 home $500,000 home Purchase of lender's simultaneously issued policy Search and examination Miscellaneous endorsements and New Jersey closing service letter	$425 - $525 $913 - $1,125 $1,770 - $2,180 $25 $150 - $200 $125 - $150
Mid-Exchange, Inc. Acts as a qualified intermediary for IRC 1031 Tax Deferred Exchanges	Additional settlement charges (1300 Series)	$700 - $3,000

1. Actual charges may vary according to the particular circumstances underlying the transaction, including the home value, coverage and limits, other requested terms and services, unusual market conditions, government regulations, property location and features, and other similar factors. Rates may not be the lowest available and are subject to change. For a free, no obligation quote, please contact the company directly. Where required by state law, current rates for insurance are filed with the applicable state agency, and depending upon the circumstances, may vary from the rates shown above.

2. The loan discount fee/points are affected by the note rate. Depending upon market conditions, the loan discount fee/points may be higher to adjust for below market rates.

3. There are other charges imposed in connection with mortgage loans. In addition, a lender may require the use of other service providers, including but not limited to an attorney, credit reporting agency or real estate appraiser chosen to represent the lender’s interest. If you apply to this company for a loan, you will receive additional information regarding anticipated charges

Although not affiliated business arrangements, please also note the following: certain Brokers market the ERA Home Protection Plan and New Jersey Home Shield Corporation, as well as other products and services. Broker, its employees or its affiliate(s) may receive a financial or other benefit in connection with the products or services described herein.
COLDWELL BANKER® and COLDWELL BANKER COMMERCIAL® are registered trademarks licensed to Coldwell Banker Real Estate Corporation. ERA® is a registered trademark licensed to ERA Franchise Systems, Inc. CENTURY 21® is a registered trademark licensed to Century 21 Real Estate Corporation. Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates, Inc.