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Presented by Shari Rocks Property Book FOR SALE

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Welcome home to this spacious 4 bedroom 2 bath two story home built in 1930. Home features a large kitchen, generous sized bedrooms and lots of closet space. Ask your agent about renovation loan products to make this one rock!

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Page 1: Shari Rocks Presents' 743 26th Street Newport News

Presented by

Shari Rocks

Property Book

FOR SALE

Page 2: Shari Rocks Presents' 743 26th Street Newport News

WardZip Code: 23607

Property Condition: UI(uninsurable)

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

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

WELCOME HOME

Welcome home to this 4 bedroom 2 bath two story home in the Ward section of Newport News.

With a great floor plan and lots of potential, this home offers a large kitchen with oversized eat in. Separate dining room and living room.

Home boosts tons of closet space and generous sized bedrooms.

Located on a block that has several newer home this one is just waiting for that special touch.

Ask you agent about the FHA 203 (k) loans, closing cost assistance available and the ease of purchasing a HUD owned property.

Page 3: Shari Rocks Presents' 743 26th Street Newport News

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

PARCEL ID: General Parcel InformationParcel/Tax ID306-04-01-5

BUILDING TYPE: R4: Single Family DwellingNUMBER OF STORIES: 2.0YEAR BUILT: 1930SQUARE FOOTAGE: 1546ROOM COUNT: 7BEDROOMS: 4FULL BATHS: 2HEATING TYPE: Forced Hot AirCENTRAL AIR: YesACREAGE: 0.11

City of Newport News Assessment

07/01/2012land 20000improvement 89000total 109000

07/01/2011land 20000improvement 99800total 119800

yearly taxes $ 1377.80

*information obtained from the http://www.nngov.com/assessor/resources/reis website

PROPERTY INFORMATION

OWNER HISTORY

Transfer Date Consideration Price

10/09/2012 94,462

08/29/08 129,100

Page 4: Shari Rocks Presents' 743 26th Street Newport News

743 26th Street Newport News 23607

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

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

4 bedroom2 bath

two story

1546 square feet

basement

built 1930

washer/dryer hookup

Listed: 02/18/2013$30,000property condition UIuninsurable

Page 5: Shari Rocks Presents' 743 26th Street Newport News
Page 6: Shari Rocks Presents' 743 26th Street Newport News

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 Ends February 22, 2013 11:59:59pm CST

BUYING A HUD HOME

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

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 HUD may submit an offer and

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.

Page 7: Shari Rocks Presents' 743 26th Street Newport News

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 – 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 $2000Will HUD pay for closing costs? HUD pays certain Closing Costs up to 3% of the purchase price. For consideration, the request for

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.

FACTS YOU SHOULD KNOW

• HUD homes are sold as is without warranty

• Properties listed as "UNSURABLE". This property requires repairs estimated to cost more than $5,000; it is not eligible for an FHA-insured loan, unless a Section 203(k) loan can be arranged.

For more information on purchasing a home using a FHA 203(k) loan, ask your real estate professional or click here.

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

To find HUD homes for sale:Visit www.HudHomeStore.com

For More Information on Buying HUD homes:

Visit www.HudGov.com

Page 8: Shari Rocks Presents' 743 26th Street Newport News

Around Town

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

Schools

Public SchoolsElementaryMagruder Elementaryhttp://magruder.nn.k12.va.us

Middle Huntington Middlehttp://huntington.nn.k12.va.us

High SchoolHeritage Highhttp://heritage.nn.k12.va.us

Higher EducationThomas Nelson Community CollegeChristopher Newport UniversityWilliam & Mary University

ShoppingJefferson Commons 12551 Jefferson AvenuePatrick Henry Mall http://shoppatrickhenrymall.comPeninsula Town Center http://www.peninsulatowncenter.com

AttractionsNewport News Parkhttp://www.nnparks.com/parks_nn.phpVirginia War Museum http://www.warmuseum.orgVirginia Living Museumhttp://www.thevlm.org

TravelNewport News/Williamsburg International Airporthttp://www.flyphf.com/content/

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

Check out the Newport News Visitor’s Guide athttp://www.newport-news.org/request-brochures.php

for your guide around Newport News. Available for download.

Page 9: Shari Rocks Presents' 743 26th Street Newport News

The Listing Agent

shari rocksreal estate agent

[email protected]

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 real estate’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!

native american group realtylicensed broker in VA & NC

5224 indian river roadvirginia beach, va 23464

47 w queens wayhampton va 23669

www.nagrhomes.com

shari rocksrealtor

direct 757.986.9125fax 757.244.7069

[email protected]

Live Your Lifestyle In Luxury

Page 10: Shari Rocks Presents' 743 26th Street Newport News

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

Recent Ward Neighborhood Activity

Within .50 miles of 743 26th Street

11 Active ListingsAverage List Price $65,645

17 Sold ListingsAverage List Price $50.728Average Sales Price $44,745

Average DOM 121

*data based on the past 6 months of history available on REIN MLS