short sale: DEED-IN-LIEU OF FORECLOSURE - 04/16/12 09:39 AM
DEED-IN-LIEU OF FORECLOSURE By: Elaine VonCannon Associate Broker, ABR, SRES, 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
 
As the name sounds, a deed-in-lieu of foreclosure is a process in which the deed to a home is signed over to the mortgage company in return for them forgiving all, or a significant portion, of your mortgage loan. You are giving your property to your lender in exchange for a release of … (0 comments)

short sale: Introducing: 232 Woburn Williamsburg, VA 23188 - 06/17/11 01:19 PM
Introducing: 232 Woburn Williamsburg, VA 23188
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
Priced to Sell! Stunning Cape style home on cul-de-sac backing to green space. Beautiful interiors feature Formal Dining Rm, granite & stainless steel Kitchen w/breakfast bar & casual dining area. Screened porch & deck, Bonus Rm over garage. Spacious walk-out basement features 12' ceilings, beverage center w/refrigerator, BR, … (3 comments)

short sale: LET'S TALK ABOUT: DEED-IN-LIEU OF FORECLOSURE - 10/09/10 08:17 PM
LET'S TALK ABOUT: DEED-IN-LIEU OF FORECLOSURE
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
 
As the name sounds, a deed-in-lieu of foreclosure is a process in which the deed to a home is signed over to the mortgage company in return for them forgiving all, or a significant portion, of your mortgage loan. You are giving your property to your lender in exchange for a … (3 comments)

short sale: 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)

short sale: A Primer on Bank Owned Properties for Sale in Virginia - 06/25/10 02:49 PM
A Primer on Bank Owned Properties for Sale in Virginia
By: Elaine VonCannon, ABR, SRES, REALTOR, Notary Public, Team Manager, RE/MAX Hall of Fame, Property Manager, Member of the WAAR MLS Board of Directors, Award Winning Agent
For perhaps the first time in history, bank owned properties are numerous in just about any real estate market. First time homebuyers, investors, and the average homebuyer in the U.S. markets are eager to purchase bank owned property.
On the surface, bank owned properties seem like a great deal. Often, they do offer significant savings. Yet the purchase of a bank owned property, whether … (0 comments)

short sale: 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)

short sale: 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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short sale: Clouds on the Horizon: Property Title Issues Which Affect Sale - 10/26/09 08:01 PM

By: Elaine VonCannon, ABR, SRES, REALTOR, NOTARY, PROPERTY MANAGER, TEAM LEADER, AWARD WINNER, RE/MAX Hall of Fame
When buying or selling a home, proof of ownership, or the property title, and issues affecting it, are critical. If you have a cloud or lien on your title, this means somebody or some business entity has laid claim to a portion of the equity in your home. There are different types of liens that affect the marketability of your home.
For this article, I interviewed Deborah Wagner, an attorney in Williamsburg, Virginia, whom I utilize for my real estate transactions. Ms. Wagner commented … (1 comments)

short sale: Highland Springs, Richmond, Virginia, Short Sale in Highland Springs! - 06/21/09 09:48 AM
Highland Springs, Richmond, Virginia, Short Sale in Highland Springs! This is a cute bungalow that needs some spit & shine. 3 Bedrooms, 1 bath home with eat in kitchen. Nice deck and large fenced yard on corner lot. Convenient location to airport, interstate and shopping. Woodstove in living room.  Large fenced in yard.Owner/agent. Subject to Bank approval. Dishwasher, Dryer, Electric Cooking, Refrigerator, Washer
Tenant on property. Need 24 hour notice to show. Tenant's lease up in November.
Offered at: $125,000
 
 
 
More information on counties in Virginia and estate homes go to www.estatesinvirginia.com for viewings. Elaine VonCannon and her … (0 comments)

short sale: Options to Foreclosure: Short Sales or Property Management? - 03/27/09 08:40 PM
Options to Foreclosure: Short Sales or Property Management?
By: Elaine VonCannon ABR, SRES, REALTOR, NOTARY, PROPERTY MANAGER, TEAM LEADER
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)

short sale: 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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Elaine VonCannon

Williamsburg, VA

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Coldwell Banker Traditions

Address: 312-A Lightfoot Road, Williamsburg, Va, 23188

Office Phone: (757) 345-5056

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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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