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About Kathleen Parsons
Kathleen A. Parsons LLC
Making your dreams a reality!!!
Since I was a little girl I always enjoyed helping people make their dreams a reality. In 2001 I passed my Real Estate Licensing Exam in PA and started living my dream! I grew up in West Chester, PA. I lived in Fort Myers, Florida for 5 years where I also was a Realtor and moved back to West Chester to raise my family with my family and friends nearby. I love helping others in every way I can!!
RE/MAX Professional Realty
Kathleen Parsons
Kathleen A. Parsons LLC
Real Estate Glossary Terms
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Equal Credit Opportunity Act (ECOA)
U.S. law making it illegal to discriminate when giving credit based on factors such as race, religion, color, age, national origin. A lender must respond to credit applications within 30 days. If the application is denied, reasons must be given. The purpose of this law was to assure that lenders wou ...
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Interest Rate Ceiling
The highest rate possible under an ARM contract; same as 'lifetime cap.' It is often expressed as a specified number of percentage points above the initial interest rate. ...
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Human Approach
Technique of loss control and reduction of losses in insurance. Supporters of this method believe that the safety attitudes of individuals determine the safety precautions they take. The human approach seeks to convince people to want to be safe in order to reduce loss frequency and severity. For ex ...
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Specific Insurance
Single insurance policy for only one kind of property at only one location of an insured. For example, property insurance on a rare piano in the insured's home would cover only that piano, not any other property of the insured. ...
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Years Of Service
Length of employment as measured to determine eligibility, vesting, and benefit levels for employee participants in tax qualified pension plans. There is often a requirement that years of service be continuous (without unexcused breaks). ...
Real Estate Advice
Agent Advice
Digital Trends That Revolutionized The Real Estate Industry
Of all the inventions that changed the real estate game, none have changed it as profoundly and irreversibly as the internet. This technology opened up a world of new possibilities and opportunities for real estate professionals working at every level in the field of real estate. From the lowliest copy room workers to the moguls and brokers at the very top of the ...
Homebuyer Tips
Homebuyer - Realtor Relationship In A Period Defined By COVID
At the beginning of 2020, a pandemic swept across the globe. The coronavirus or SARS CoV-2 became public enemy number one due to its unpredictability in spreading and affecting human health. Specialists soon discovered the exponential damage it can exert causing respiratory tract infections, from mild to lethal. As a result of the virus, a series of protective ...
Homebuyer Tips
House Hunting Goes Digital In 2021
As you are already aware, the global pandemic kicked in 2020 inconsiderately switching up the rules of the game. An unwelcome guest, SARS-CoV-2 (COVID-19), proved to be a tough opponent. As a result, governments were obliged to implement similar responses in the form of severe restrictions, namely lockdowns, the principle of social distancing, and even tighter health ...
Homebuyer Tips
The Idyllic Suburbs Vs. Vibrant Downtowns
Where is it better to live? Where is living more cost-effective? Where will I have to say hello to everyone I meet? Should I remain in New York City or better move to Jericho 29 miles away? Let our real estate agents help you decide! There are many reasons, pro, and con, for both living in the suburbs or the city. Besides the apparent financial aspects, there is an ...
Agent Advice
Cryptocurrency-Friendly Realtors
For decades, the world of finance was an oblique, inaccessible sphere that only those with the proper education and preparation could hope to break into. Hedge funds and investment firms reigned supreme, firmly holding a monopoly on everything even tangentially related to the industry of making money by spending money. This was an era defined by elitist financial ...
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