AFFILIATED BUSINESS ARRANGEMENT DISCLOSURE

When a lender, real estate office or another participant in your real estate settlement refers you to an affiliate for a settlement service (such as when a real estate salesperson or broker refers you to a mortgage broker affiliate or a title company affiliate), federal law requires that they give you an Affiliated Business Arrangement Disclosure.  By law, the party who made the referral must disclose to their clients and customers the business relationships and interests they have in companies with whom they do business.  In plain English, this means that the party making the referral may benefit financially to help persuade you to do business with their "partners" (it is not unusual for referral compensation -often times money- to be paid between referring parties).   Without disclosure, this practice is illegal and is a complete breach of ethics.   We think that two logical questions should follow.  What could this mean for you?  How could this affect your transaction and their relationship with you?

We are pleased to make the following promise to you:

First Stone Realty, Inc.
has
NO
Affiliated Business Relationship
with any lender, attorney, accountant, title company, inspector, appraiser,
or anyone else. 

We at First Stone Realty believe that our first and most important obligation is to you, not to ourselves and not to a "partner."  Because we have no competing interests, we are more impartial and objective.  We constantly have our eyes and ears wide open in search of the best and most qualified service and product providers. 

Anything that has the possibility of getting in the way of our relationship with you is at best a distraction and at worst a lawsuit for one or both of us. We pride ourselves on the advice we provide to you and want nothing to interfere with it.  We are one of the few offices that can make this claim, and the only one (to our knowledge) that will put this assurance in writing.

We put you first.  Period.

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Client/customer signature                                              First Stone Realty, Inc. signature

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Client/customer printed name                                        First Stone Realty, Inc. printed name

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