lenders: 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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lenders: An Overview of Short Sales: - 09/26/10 11:35 AM
An Overview of Short Sales:
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 of the WAAR MLS Board
I have written a lot of articles on Short Sales and Foreclosures. I have been on TV, I have a radio show called "Ask the Expert on Real Estate", it is produced and aired on WMBG 740 AM, here in Williamsburg, James City, New Kent and York … (2 comments)
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lenders: Lenders, Short Sales and Ineptitude, the 3 word which go hand and hand! - 12/01/09 09:17 AM
Lenders, Short Sales and Ineptitude, the 3 word which go hand and hand!
By: Elaine VonCannon, ABR, SRES, REALTOR, NOTARY, PROPERTY MANAGER, TEAM LEADER, AWARD WINNER, RE/MAX Hall of Fame
This is a tale of woe. The moral of this tale is do not subject yourself to a lender who does not want you to walk into equity on a short sale.
This tale begins with Wells Fargo. The buyer choose to use this lender without letting either agent know that there was a change from the lender who wrote the pre-approval letter when the offer was presented.
As you … (1 comments)
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lenders: Options to Foreclosure: Short Sales or Property Management? - 02/16/09 02:19 PM
Options to Foreclosure: Short Sales or Property Management?
By Elaine VonCannon, ABR, SRES, REALTOR, Team Leader, Property Manager, Notary
In today's real estate climate, a short sale is becoming more common, though no less time consuming and challenging then it ever was. Banks and mortgage lenders scrutinize short sales because they stand to lose some of their investment, as does the homeowner. I am writing this article to illustrate that a short sale can actually prevent foreclosure, if it is done with enough expertise and foresight. A short sale may actually preserve a person's credit rating and help them to exit … (0 comments)
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lenders: SERVICE WITH A SMILE: TEAM VONCANNON, CHECK US OUT! - 06/21/08 07:50 AM
Team VonCannon: Discover the Best in Hampton Roads Real Estate Team VonCannon is made up of experienced, trustworthy, handpicked real estate professionals. Elaine VonCannon oversees all daily operations, including property management and investment property sales and purchases in both residential and commercial deals. Elaine works closely with a real estate transaction coordinator who expedites all home selling and home buying in a timely and friendly manner. Team VonCannon also employs administrative staff to coordinate daily office functions and keep web site listings and content up-to-date. The team is rounded-out by several buyer's agents who are well respected in the Greater Williamsburg … (0 comments)
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