Fauquier, Culpeper and Orange real estate and homes for sale in Virginia - Janet Holden, REALTOR® Janet Holden REALTOR(r) for Culpeper, Virginia real estate - NUMBER1EXPERT™ Janet Holden NUMBER1EXPERT(tm) for Culpeper, Virginia real estate

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Janet Holden, REALTOR®, real estate agent and broker for Culpeper and Warrenton Virginia home listings, property and land for sale - NUMBER1EXPERT(tm)




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Real Estate Tips
Foreclosures >2. What Is a Bank Owned Property?

When a home owner misses payments on his or her mortgage, the loan becomes default and the home or property becomes distressed. What happens next depends on an appraisal and the equity of the home. If short sale isn’t a viable option for the home owner and the lender, the foreclosure process takes over and the home or property goes up for foreclosure auction.

A bank-owned property (also referred to as a "real estate owned" or "REO" property) is one that was up for sale at a foreclosure auction but did not sell and therefore now belongs to the lender (usually a bank, but can also be any government agency or loan insurer.)

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Real Estate Trivia
Q 
What has been described as the world's most beautiful building?

A 
The white marble Taj Mahal in India was built by the Mogul emperor Shah Jahan (1631-53) to enshrine his favorite wife.
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Janet Holden, REALTOR®, real estate agent and broker for Fauquier, Culpeper and Orange Virginia home listings, property and land for sale - NUMBER1EXPERT(tm)

Janet Holden and Pamela Eng
Century 21 New Millennium

601 South Main Street
Culpeper, VA 22701
We are THE HOLDEN GROUP, Licensed in VA
Office: (540) 825-1613 ext. 236
Cellular-Janet: 540-672-8624
Cellular-Pam: 703-618-6036
Fax: 703-436-8610
Email Janet: JanetHolden@theholdengroup.com
Email Pam: pamelaj05@hotmail.com

Janet Holden, Associate Broker, The Holden Group at Century 21 New Millennium. #33 - National Ranking - 2008 #5 - Mid Atlantic States - 2008 CENTURY 21 NEW MILLENNIUM Janet earned this honor by consistently providing her clients with service beyond their expectations. She and her team of licensed assistants are highly experienced in residential, farm, and land development.

ABR CRS ePro Equal Housing MLS REALTOR



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