Blog | Elaine VonCannon Real Estate

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,...

Assessed Home Values Is Not Going To Equal Fair Market Value – Part Two

Since the Housing Bubble crashed Virginia as well as many other parts of the country have seen a rapid decline in Real Estate values. It would not be unusual to see a home that sold...

Increase Your Buying Power With Capital Gains Reinvestment

When it comes to selling property capital gains reinvestment can be an important strategy for homeowners and commercial and business owners. The Internal Revenue Service requires capital gains tax to be paid on the sale...

Investment Diversification with Real Estate

This year, investment in the stock market is making many downright jittery. Though overall the stock market does seem to be hovering around the 10,000 mark, many investors are plagued with uncertainty about short and...

How to Research and Purchase a Good Investment Property

How much do you really know about investment property? Accurate research and professional expertise applied to the purchase of an investment property builds a solid foundation for financial success. You may want to work with...

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...

Clouds on the Horizon: Property Title Issues Which Affect Sale

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...

Retirement and Leisurely Living: Historic New Kent County Virginia

Imagine New Kent County, Virginia, a quiet rural area located between Richmond and Williamsburg Virginia, as a place for retirement… New Kent County’s rural scenery and serenity coupled with its proximity to Richmond and another...

Commercial Property Development in Anticipation of Norfolk Virginia’s Light Rail Runs Parallel to Public Projects

The decision to build a light rail system into Norfolk, Virginia’s infrastructure is practical and prudent. While other nearby cities such as Virginia Beach, Williamsburg, and even Richmond struggle to create growth in down times,...

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...