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fha: US House Democrats press for mortgage write-downs......The Help that the REAL ESTATE needs.........Can anyone make the rest of Congress Listen? - 11/27/11 04:08 PM
By: Elaine VonCannon ABR, SRES, REALTOR, Notary, Team Leader, Residential and Commercial Property Manager, Managing Partner VonCannon-Starke Commercial Division, Member of the National Association of Residential Property Managers, Award Winning Agent, RE/MAX Hall of Fame, Licensed in Virginia, Member of Commercial Council VAR, Director WAAR MLS Board
Nov 23 - More than 20 Democrats in the U.S. House of Representatives on Tuesday called on the regulator of Fannie Mae and Freddie Mac to help underwater borrowers by allowing their loan principal to be reduced.
The regulator has faced increasing pressure to permit the write-down of principal by the two … (0 comments)
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fha: FHA 203k Rehab Loans and VA Loans: Mortgages for the New Economy - 06/03/10 03:15 PM
By: Elaine VonCannon, RE/MAX Hall of Fame, ABR, SRES, REALTOR, Notary Public, Team Manager, NARPM, Member of the Va. Commercial Alliance, Award Winning Agent
Are you searching for a home and disappointed by the options available? Perhaps the home you can afford is too small for your requirements, or in need of extensive repair or upgrades. Two important federal government loan programs may be available for home buyers who qualify. These include VA Loans (Veterans Administration) for military personnel who have served in the Armed Forces and a 'fixer upper' loan, the FHA (Federal Housing Authority) 203k Rehab Loan. These two … (11 comments)
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fha: FHA 203k Rehab Loans and VA Loans: Mortgages for the New Economy - 04/23/10 12:00 PM
FHA 203k Rehab Loans and VA Loans: Mortgages for the New Economy
By: Elaine VonCannon ABR, SRES, REALTOR, NOTARY, PROPERTY MANAGER, TEAM LEADER, AWARD WINNER, RE/MAX HALL OF FAME
Are you searching for a home and disappointed by the options available? Perhaps the home you can afford is too small for your requirements, or in need of extensive repair or upgrades. Two important federal government loan programs may be available for home buyers who qualify. These include VA Loans (Veterans Administration) for military personnel who have served in the Armed Forces and a ‘fixer upper' loan, the FHA (Federal … (0 comments)
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fha: Can Anyone Tell Me Why Congress Procrastinates On Toxic Mortgages/Mortgage Investors? PLEASE! - 12/05/09 04:38 PM
Can Anyone Tell Me Why Congress Procrastinates On Toxic Mortgages/Mortgage Investors? PLEASE!
By: Elaine VonCannon, ABR, SRES, REALTOR, NOTARY, PROPERTY MANAGER, TEAM LEADER, AWARD WINNER, RE/MAX Hall of Fame
I have a client who has a mortgage with America's Servicing Company, which I might add is owned by Wells Fargo. America's Servicing Company has the 1st mortgage on the property. My client has been trying to get a refie since April 2009. America's Servicing Company has lost or requested the same information 4 times. It has been provided and today my client got another letter rquesting the same info … (3 comments)
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fha: Welcome, about the HUD 203k rehab program! - 11/11/09 07:29 PM
"Welcome" about the HUD 203k rehab programDo you want toRemodel the house you currently own?orFinance a Fixer UPPER with the 203k Progam? We have compiled information here for the serious individual who wants to understand a government program that can make their dreams come true! The HUD 203k program can take home ownership into the future by giving a person the funds to turn a piece of property that looks like it should be condemed into a piece of property that everyone in the neighborhood will envy. Here is how it all comes together.
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fha: First Time Home Buyer Tax Credit, Falling Prices, and Government Lending Programs Make it a Good Time to Buy Real Estate - 04/11/09 03:38 PM
First Time Home Buyer Tax Credit, Falling Prices, and Government Lending Programs Make it a Good Time to Buy Real Estate
summary: This article details the recent tax law changes, government lending prices and falling home prices that make right now an ideal time to buy a property.
By: Elaine VonCannon, ABR,SRES, REALTOR, Notary, Team Leader, Property Manager, Award winning agent
This year, many first time homebuyers will enter the real estate market to buy a home. One of the main reasons for this is the phenomenal $8,000 tax credit available to first time homebuyers. If … (0 comments)
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Elaine VonCannon
Williamsburg,
VA
More about me…
Coldwell Banker Traditions
Address: 312-A Lightfoot Road, Williamsburg, Va, 23188
Office Phone: (757) 345-5056
Cell Phone: (757) 288-4685
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My blogs reflect my observations on life, real estate and my own state of the union (Elaine's world). I write my entries as a way to express myself and all the positive and negative aspects of real estate. I also use it to promote my listings and maybe even your enjoyment in reading it.
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