• What is a Short Sale?

    What is a Short Sale?,Billee Silva, PA, ABR SRS

    An increase in foreclosure rates will inevitably bring with it an increase in short sales. But what is a short sale? A short sale happens when you sell your house for less than your remaining mortgage balance, the proceeds of which go to the lender and in return the lender forgives the remaining bal

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  • 5 Secrets Buyers and Sellers Must Know About Virtual Home Tours

    5 Secrets Buyers and Sellers Must Know About Virtual Home Tours,Billee Silva, PA, ABR SRS

    For years now, virtual home tours have helped real estate buyers far and wide find the perfect home. From long-distance military personnel being relocated, to investors expanding their portfolio, to homeowners looking for a vacation getaway, this technology makes finding a house that’s a bit out of

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  • Land Contract

    Land Contract,Billee Silva, PA, ABR SRS

    An alternative to a non-conforming loan is the use of a land contract, which is allowed in some states. A land contract is an agreement between a buyer and a seller, where the buyer agrees to make periodic payments to the seller. The title to the property only transfers to the land contract buyer on

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  • Preparing your home for the market: A Checklist.

    Preparing your home for the market: A Checklist.,Billee Silva, PA, ABR SRS

    Ensure that you get top dollar for your home by preparing it for the market. It all starts with decluttering and staging. ( ) Gather up some large, sturdy boxes – one for each room of the house. ( ) Label the boxes with the name of the room each corresponds to. ( ) Check your cleaning supplies to ma

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