Shari Rocks' presents 635 Highland Court Newport News

HUD owned home marketed and managed by

Property Book for

635 Highland Court Newport News 23605 native american group realty licensed broker in VA & NC

DO NOT REMOVE THIS BOOK FROM THE PROPERTY Scan this QR Code to take this information home with you

5224 indian river road virginia beach, va 23464 47 w queens way hampton va 23669 www.nagrhomes.com

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

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

Live Your Lifestyle In Luxury

Welcome Home Hilton Park Zip code: 23605 Property Condition: IE (insurable with

escrows) $1375.00 Repair Escrow

(repair electrical wiring and repair roof)

Earnest Money must equal 1% of sales

price, no less than

$500, no more than $2000.

Welcome home to this 2 bedroom 1 bath rancher located in the Hilton Park neighborhood in Newport News, Virginia.

The home features hardwood floors, traditional floor plan and lots of added storage.

The laundry is located conveniently off of kitchen in an utility room that could be used as additional storage. The kitchen offers lots of counter space and storage with an eat in breakfast nook.

A detached oversized two car garage with additional off street parking. Behind the garage is additional storage shed that could be used as a workship.

This home is located within minutes from shipyard, shopping and interstates.

Ask your agent about closing costs assistance, FHA appraisal, and the HUD home buying process.

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

PROPERTY INFORMATION

City of Newport News Assessment

PARCEL ID: 283000453

07/01/2012 land

BUILDING TYPE: R4: Single Family Dwelling

improvement

NUMBER OF STORIES: 1.0

total

YEAR BUILT: 1955

SQUARE FOOTAGE: 736

07/01/2011

ROOM COUNT: 4

land

BEDROOMS: 2

improvement

FULL BATHS: 1

total

HEATING TYPE: Floor furnace CENTRAL AIR: None

44000

55600

99600

44000

65900

109900

yearly taxes $ 1095.60

DETACHED GARAGE: 2 car 408sf OPEN PORCH: 90* ACREAGE: 0.28

*open porch was converted to laundry room

*information obtained from

the http://www.nngov.com/

OWNER HISTORY

assessor/resources/reis

Transfer Date

Consideration Price

05/02/2005

88,000

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

website

635 Highland Court, Newport News 23605

2 bedroom 1 baths ranch hardwood oors, laundry room appliances: range, oven, refrigerator, washer, dryer 841 square feet built 1955 2 car detached garage storage shed

listed at $67,000 case#541-726120 insurable with $1375 escrows MARKETED AND MANAGED BY

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 January 24, 2013 11:59:59pm CST Exclusive Listing Period Ends February 13, 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 HUD homes?

Visit hudhomestore.com to view

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 –

closing costs must be made when the bid is submitted.

When are you expected to close on 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

Shopping

Elementary

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

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

Attractions

Carver Elementary

Middle

Crittenden Middle http://

crittenden.nn.k12.va.us High School

Heritage High

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/

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

Parks & Recreation

Higher Education

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

Thomas Nelson Community College Christopher Newport University William & Mary 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 real estate 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

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

Recent Neighborhood Activity for Hilton Park Active Listings

645 Highland Court

3bed1bath | 1009sf | built 1959 | 1 car detached | ranch | $64,900 | listed 09/17/12 | short sale

615 Briarfield Road

2bed1bath | 1200sf | built 1955 | ranch | $69,900 | listed 12/13/12

5911 Marshall Avenue

2bed1bath | 943sf | built 1940 | ranch | $75,000 | listed 09/13/12

616 Hitlon Blvd

3bed2bath | 1048sf | built 1955 | ranch | $94,900 | listed 10/01/12 | bank owned

Sold Listings 5907 Marshall Avenue

2bed1bath | 856sf | built 1940 | ranch | 126 days on market | $95,000 | sold 07/31/12 614 Highland Court 3bed1bath | 1068sf | built 1955 | 1 car detached | ranch | 8 days on market | $78,300 | sold 11/30/12 *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.