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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
Homebuyer Tips
Dollars And Sense: Invest In Your 401k Or Pay Off Your Home
Job security for many people is an important aspect, but it might be overlooked if you don’t consider the unexpected, which often leads to unemployment. Take, for example, the pandemic that hit us in 2020, that left many people without jobs, especially in the leisure and hospitality industries. Not only that but as many were concerned about keeping Covid-19 out ...
Agent Advice
Between Family And Real Estate: Finding Balance As An Agent
It’s hard to understand the struggles and the demands of the real estate industry when you are outside of it. When was the last time you’ve been told that you are so lucky to have such a flexible schedule as a real estate agent? We both know that is an understatement because, in reality, finding balance in life while working as a real estate agent is more ...
Homebuyer Tips
Best Small Towns To Live In, North Carolina Edition
There’s a lot to be said for living in a small town. While they may not have the glitz and glamour of metropolitan megacities, small towns have a lot of perks that may not be immediately apparent but are very attractive none theless. While there’s plenty to be said for living in a big city, (some prefer it) it isn’t for everyone. If you’re ...
Homebuyer Tips
This is it. For the past weeks or months, every day has been at least partially spent thinking of, preparing for or planning this fateful day. You’ve laboured long and hard to make sure it comes without incident, and now all your hard work is finally going to pay off. What is this day, you ask? It’s closing day, baby. Now, there’s still a lot ...
Homebuyer Tips
So, you’re thinking of making the city of Clermont your new home. We get it; there are a lot of reasons why you might want to live here! With its beautiful weather, long list of attractions, gorgeous surroundings and exceptionally healthy job market, you’d be forgiven for thinking it’s about as close to being heaven on earth as we can get! But this ...
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