• Condominium & PUD Ownership

    Condominium & PUD Ownership,Billee Silva, PA, ABR SRS

    Builders, in an effort to combat the dual problem of an increasing population and a declining availability of prime land, are increasingly turning to common interest developments (CIDs) as a means to maximize land use and offer homebuyers convenient, affordable housing. The two most common forms of

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  • Could Rising Home Prices Impact Your Net Worth?

    Could Rising Home Prices Impact Your Net Worth?,Billee Silva, PA, ABR SRS

    Learn how to determine your current net worth and how an investment in real estate can help improve your bottom line. Among its many impacts, COVID-19 has had a pronounced effect on the housing market. Low home inventory and high buyer demand have driven home prices to an all-time high. This has giv

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  • The Functions of an Escrow Agent

    The Functions of an Escrow Agent,Billee Silva, PA, ABR SRS

    Buying or selling a home (or other piece of real property) usually involves the transfer of large sums of money. It is imperative that the transfer of these funds and related documents from one party to another be handled in a neutral, secure and knowledgeable manner. For the protection of buyer, se

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  • Types of Mortgage Lenders

    Types of Mortgage Lenders,Billee Silva, PA, ABR SRS

    Mortgage Bankers. Mortgage Bankers are lenders that are large enough to originate loans and create pools of loans, which are then sold directly to Fannie Mae, Freddie Mac, Ginnie Mae, jumbo loan investors, and others. Any company that does this is considered to be a mortgage banker. Some companies d

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