Mortgages | Elaine VonCannon Real Estate

July 27, 2023

Part 1…..Increase the Value of your Home to Sell!

Part 1…..Increase the Value of your Home to Sell! Home improvement statistics Homeowners spent an average of $10,341 on home improvements in 2021, a 25 percent increase from 2020, according to a recent report by...

Things Your Mother Never Told You: Closing Costs

Buying or selling a home can be one of the most life changing decisions a consumer makes. Being educated about the real estate process and investigating the things you don’t understand is essential. Working with...

Banking Backlogs and Inconsistencies Plague the Mortgage System

As a REALTOR in Williamsburg, VA, I have seen many of inconsistencies with mortgage companies during a down market. Frankly, this frustrates buyers and sellers, me, my staff and colleagues. I have mortgage company incompetencies,...

FHA 203k Rehab Loans and VA Loans: Mortgages for the New Economy

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...

A Primer on Bank Owned Properties for Sale in Virginia

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...

More Bang for Your Buck with Mortgages

Choosing a knowledgeable mortgage lender can make a difference in the quality of home you are able to purchase with your finances. I prefer to recommend a mortgage broker to my clients, because they usually...

203K Rehab Loan

About the HUD 203k Rehab Program Do you want to Remodel the house you currently own? or Finance a Fixer UPPER with the 203k Progam? We have compiled information here for the serious individual who...

Underwater In Your Mortgage: Don’t drown!

If you have ever been swimming, you know what it is like to be underwater. If you are scuba diving you have air for a limited amount of time. If you are snorkeling – you...