• 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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  • Understanding Preliminary Reports

    Understanding Preliminary Reports,Billee Silva, PA, ABR SRS

    After months of searching, you’ve finally found it -- your perfect dream home. But is it perfect? Will you be purchasing more than just a beautiful home? Will you also be acquiring liens placed on the property by prior owners? Have documents been recorded that will restrict your use of the property?

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  • Your First Step Toward Buying a Home

    Your First Step Toward Buying a Home,Billee Silva, PA, ABR SRS

    Your First Step Toward Buying a Home When preparing to buy a home, the first thing many homebuyers do is look at listings on the Internet. Some potential buyers read how-to articles like this one. The next thing you should do - before you call on an ad, before you talk to a REALTOR®, before you shop

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