Shari Rocks' Presents 147 Colony Road in Newport News

FOR SALE

Property Book

Presented by

Shari Rocks

WELCOME HOME

Walden

Zip Code: 23602 Property Condition: IE (insurable with escrows) $800.00 (replace thermostat and repair HVAC if needed)

Earnest Money must equal 1% of sales price, no less than $500, no more than $2000.

Welcome home to 4 bedroom 2 full bath cape cod. Home features a spacious layout. Den could be used as a 5th bedroom.

The home features generous sized bedrooms. The detached oversized two car garage offers additional storage space.

This home is located convenient to shopping, airport, military bases, and entertainment.

Ask you agent about the FHA appraisal, closing cost assistance available and the ease of purchasing a HUD owned property.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Newport News Tax Assessor’s Information Parcel ID: 138000609 Assessment: Land Improvements Total

Fun Facts ★Newport News, settled in 1621, is approximately 23 miles long and three miles wide. ★Newport News is the 4th largest city in size in the state

$ 60,000 $124,500 $184,500

★Newport News’ population is approximately 185,200 people.

Special Condition: Airport Approach Zone: R3 Single Family Dwelling Owner History 10/12/2012 $255,680 12/9/1977 35,000 Assessment History 07/01/2012 Total Tax $2029.50 Total Assessment $184,500 07/01/2011 Total Tax $2139.50 Total Assessment $194,500 07/01/2010 Total Tax $2269.30 Total Assessment $206,300 Visit the Newport News City Tax Assessor’s website at www2.nngov.com

All information provided is deemed reliable but is not guaranteed and should be independently verified.

★No one knows for sure where Newport News got its name, but “Newportes Newes” first appears in the Virginia Company records in 1619, making it one of the oldest place names in the New World. The most widely accepted folktale is that the city is the namesake of Captain Christopher Newport, commander of Susan Constant, flagship of the three ship English fleet that landed on Jamestown Island in 1607. He made several voyages to Newport News in the early days of the Jamestown Colony, bringing "good news" of supplies and settlers.

147 Colony Rd Newport News 23602

4 bedroom 2 bath cape cod 1675 square feet storage shed two car detached garage built 1961 washer/dryer hookup

Listed: 02/07/2013 $149,000 property condition IE $800.00 (replace broken thermostat & repair HVAC if needed

NAGR, Native American Group Realty is licensed broker in Virginia and North Carolina

NAGR Luxury Home Team | 5224 Indian River Road Virginia Beach, VA 23464 | Mobile 757.986.9125

Deadlines for Bidding During the Exclusive Listing Period, bids may be submitted only by Owner Occupant purchasers, which HUD defines as owner-occupant purchasers, qualified nonprofit organizations and government entities.

There will be: a thirty (30) day Exclusive Listing Period for Owner Occupant purchasers for properties listed Insurable and Insurable with Escrow Repairs, Exclusive Listing Period Priority (Owner Occupant Priority).

For Insurable and Insurable With Escrow properties, bids shall be opened and reviewed on the tenth (10th) day of the Exclusive Listing Period. All bids will be treated as having been received simultaneously. If no winning bid is received by the tenth (10th) day, bids shall be opened and reviewed on each day after the tenth (10th) day up to the thirtieth (30th) day, or until a winning bid is received. If no winning bid is received in that thirty (30) day period, the listing shall be extended to all buyers.

Exclusive Listing Period Priority Ends February 15, 2013 11:59:59pm CST Exclusive Listing Period Ends March 7, 2013 11:59:59pm CST

BUYING A HUD HOME Buyers' FAQs: I hear that HUD sells homes. How can I buy one?

Visit hud.gov and read: How to

Buy a HUD Home. Then look at the listings of HUD homes

available at hudhomestore.com. If you find a home that interests

you, you will need to contact a

HUD-approved real estate broker (most brokers are HUD-

approved), who can submit a bid for you. Successful bids are

posted right on the page for your state.

Who Can Buy a HUD Home?

Almost anyone. If you have the cash or can qualify for a loan

(subject to certain restrictions)

you may buy a HUD Home. HUD Homes are initially offered to owner-occupant purchasers

(people who are buying the home as their primary residence).

Following the priority period for owner occupants, unsold

properties are available to all buyers, including investors.

How Are HUD Homes Sold?

All properties available for

purchase by the public are

offered for sale at the HUD listing website: hudhomestore.com. Any real estate broker registered with

contract to purchase on your

behalf. HUD pays the real estate broker's commission, if included in the contract.

HUD Homes are offered for sale at fair market value, based on a

recent appraisal. Generally, HUD

Homes are sold in what is known as either Exclusive or Extended Offer Period, during which a

potential buyer's offer must be made. At the end of the Offer

Period, all offers are opened and the bid providing the highest

acceptable net return to HUD may then be accepted. Following the initial “Exclusive Offer Period" homes remaining unsold are

offered on an "extended" basis which means offers may be

submitted on any business day. If a bid on one of these homes is

acceptable, the broker will usually be notified within 48 hours of

HUD's acceptance of the offer.

Do HUD Homes have a warranty?

HUD Homes are sold "As Is"

without warranty. No repairs will be performed by HUD after closing. Purchasers are

encouraged to have the

properties inspected by a

qualified home inspection service

company to satisfy themselves as to the condition of the property.

HUD may submit an offer and

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Where Can I Learn About Available

closing costs must be made when

Visit hudhomestore.com to view

When are you expected to close on

HUD homes?

available property listings, to learn about HUD programs, to locate a

HUD broker and to find out how to purchase a HUD home.

I am interested in purchasing a HUD home – how do I find a HUD broker to assist me?

Please visit hudhomestore.com –

the bid is submitted.

your HUD home purchase?

Effective October 18, 2011, All

purchasers must close on or before the number of days of contract

acceptance date as follows: 45

days for owner occupants and 30 days for investors.

you will be able to enter location

information and find the names of

HUD approved real estate brokers in your area.

What is HUD’s Earnest Money Policy?

Required Earnest Money: Must be in the form of a cashier's check,

money order, or other certified

funds made payable to the U.S.

Department of Housing and Urban

Development. The original Earnest Money check should be submitted with the sales contract after bid

acceptance. The Earnest Money

deposit will be sent to the Closing Agent after contract execution.

1% of purchase price, minimum of $500 and maximum of $2000

Will HUD pay for closing costs?

To find HUD homes for sale: Visit www.HudHomeStore.com For More Information on Buying HUD homes: Visit www.HudGov.com

HUD pays certain Closing Costs up to 3% of the purchase price. For consideration, the request for

All information provided is deemed reliable but is not guaranteed and should be independently verified.

FACTS YOU SHOULD KNOW • HUD homes are sold as is without warranty • Properties listed as "INSURABLE WITH ESCROW REPAIRS" means that certain repairs (not to exceed $5,000.00) are required to meet Minimum Property Standards for an FHA mortgage. These properties can qualify for FHA Section 203(b) mortgages if the purchaser and lender establish a repair escrow at the closing for the completion of repairs within 90-days of the closing.

Around Town Schools Public Schools Elementary

General Stanford Elementary http://

generalstanford.nn.k12.va.us Middle

Mary Passage Middle

http://passage.nn.k12.va.us

High School

Denbigh High School

http://denbigh.nn.k12.va.us

Shopping Jefferson Commons 12551 Jefferson Avenue Patrick Henry Mall http://shoppatrickhenrymall.com Peninsula Town Center http://www.peninsulatowncenter.com

Attractions Newport News Park http://www.nnparks.com/parks_nn.php Virginia War Museum http://www.warmuseum.org Virginia Living Museum http://www.thevlm.org

Travel Newport News/Williamsburg International Airport http://www.flyphf.com/content/

Parks & Recreation For activities around the city of Newport News, visit the city website at http://www.nngov.com/parks-and-recreation .

Higher Education

Thomas Nelson Community College Christopher Newport University William & Mary University Hampton University

Check out the Newport News Visitor’s Guide at http://www.newport-news.org/request-brochures.php for your guide around Newport News. Available for download.

The businesses are given as mere suggestions and no endorsement or monetary relationship exist.

The Listing Agent

For me personally, it’s more than just buying and selling a home.

It is truly about growing and enriching our lives and communities we live in.

Often referred to as a Realtor’s Concierge, I pride myself in taking care of others during their real estate transaction. Rest easy knowing you have the convenience and ease with my services that take care of a spectrum of details and arrangements of your real estate transaction During this transaction, if I am not representing you as the buyer you can rest assure your agent is getting amazing service and I am working towards a successful close.

Buyer Services Include: ✓Property Matching ✓Market Data Research ✓Power Negotiations ✓Marketing ✓Transaction Concierge ✓Preferred Partners Network ✓Seamless Communication And more than just real estate Seller Services Include: ✓Market Data Research ✓Power Negotiations ✓Customized Marketing Plan ✓Transaction Concierge ✓Preferred Partner Network ✓Seamless Communication & Reporting My knowledge, expertise and experience are at your fingertips!

shari rocks real estate agent 757.986.9125 me@sharirocks.com www.sharirocks.com

native american group realty licensed broker in VA & NC 5224 indian river road virginia beach, va 23464 47 w queens way hampton va 23669 www.nagrhomes.com

shari rocks direct 757.986.9125 fax 757.244.7069 me@sharirocks.com www.sharirocks.com

Live Your Lifestyle In Luxury

Recent Walden Neighborhood Activity Active Listings

174 Mark Twain Drive 3bed/1bath | 1293sf | ranch | built 1966 | $101,000 | Bank Repo 176 Edsyl Street 3bed/1.5bath | 1372sf | ranch | built 1964 | $139,000 | Short Sale 173 Colony Road 4bed/2bath | 1350sf | cape cod | built 1350 | $169,700 139 Bret Harte Drive 4bed/1.5bath | 1510sf | colonial | built 1971 | $185.000 Pending Listings 118 Whitman Road 3bed/2bath | 1209sf | ranch | built 1963 | $110,000

Sold Listings

165 Edsyl Street 3bed/1.5bath | 1404sf | ranch | built 1964 | $177,000 | sold 12/12/12 172 Emerson Circle 3bed/1.5bath | 1040sf | ranch | built 1963 | $163,500 | sold 11/02/12 181 Colony Road 4bed/2bath | 2200sf | colonial | built 1961 | $195,000 | sold 09/21/12 *data based on the past 6 months of history available on REIN MLS

All information provided is deemed reliable but is not guaranteed and should be independently verified.