appraisal: Builders Contract, Should They Not Be Allowed? My Observation! - 12/11/11 04:44 AM
Builders Contract, Should They Not Be Allowed?  My Observation!
 
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
 
REALTORS beware Boone Homes in Richmond , Va, has a builders contract which looks like a cannibalize version of the VAR contract.  The appraisal clause in taken out of the builders contract.  I found when appraisal came in under contract price, Boone … (1 comments)

appraisal: FHA 203k Rehab Loans and VA Loans: Mortgages for the New Economy - 04/23/10 05:00 AM
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)

appraisal: Lenders, Short Sales and Ineptitude, the 3 word which go hand and hand! - 12/01/09 01:17 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)

appraisal: Tax Assessment/Appraisal: How Do I Know What My Home is Worth? - 10/26/09 12:25 PM
Tax Assessment/Appraisal: How Do I Know What My Home is Worth?
By: Elaine VonCannon, ABR, SRES, REALTOR, NOTARY, PROPERTY MANAGER, TEAM LEADER, AWARD WINNER, RE/MAX Hall of Fame

Elaine VonCannon, ABR, SRES, REALTOR, Notary Public, Team Manager
If you are in the home buying or selling market, it's important to understand the difference between tax assessment and appraisal value. Concentrate on the appraisal value because this determines your asking price.
Understanding Tax AssessmentThe tax assessment is a tool local governments use to exact a property tax rate on residents. The local government determines your home's worth by reassessing the homes … (2 comments)

 
Elaine VonCannon (Coldwell Banker Traditions)

Elaine VonCannon

Williamsburg, VA

More about me…

Coldwell Banker Traditions

Address: 4071 Ironbound Road, Williamsburg, Va, 23188

Mobile: (757) 288-4685

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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