PeninsulaREALTOR® July 2015

Congratulations to Cristine Morales Keller Williams Elite Peninsula Winner of the $25000 Early Pay Gift Card Drawing Christine joined VPAR as a new member this past March

ANNUAL MEMBERSHIP RENEWAL IS NOW AVAILABLE ONLINE Your invoice for the 2016 VPAR Annual Dues Billing for January 1 2016 through December 31 2016 is now available online at the link below

Important Payment Dates to Remember2016 Dues Billing - June 1 2015

Due Date - June 30 2015To avoid late fees pay prior to July 14th

Please contact Cindy at 757-599-5222 if you are interested in our Payment Plan Option

New Virginia Laws Effective July 1st

July 1st marks the enactment of new laws in Virginia ndash itrsquos the date that the legislative changes debated at the General Assembly in February and March go into effect

This yearrsquos legislative accomplishments included several direct impacts to Virginia REALTORSreg including closing loopholes that burden some property owners with delinquent water bills easing the process to obtain a zoning variance and enabling stronger prosecution of predators who lure REALTORSreg to vacant properties with the intent of harm

In addition to the items of the VAR legislative agenda ndash which all passed with uniform support ndash hundreds of other new laws take effect this week

Check out VARrsquos Legal Departmentrsquos overview and video summaries of the new laws httpwwwvirginiarealtorschoosecom2015-new-laws

PeninsulaREALTORreg Digital Magazine

The Official Publication of the Virginia Peninsula Association of REALTORSreg

JulY 2015

PeninsulaREALTORreg July 2015page 2

PeninsulaPartnersof the Virginia Peninsula Association of REALTORSreg

DiamondAtlantic Bay Mortgage

PlatinumREIN Gold

Commonwealth Exterminating CompanyLytle Title

Monarch Bank amp MortgageNational Exterminating Company Inc

SilverMovement Mortgage

PrimeLendingBronze

Fulton Mortgage CompanyThe Real Estate Book

Union Mortgage

OVER THE YEARS WE HAVE DEVELOPED A SPECIAL PARTNERSHIP WITH MANY OF OUR AFFILIATE MEMBERS WHO HAVE GIVEN SO MUCH FOR OUR

MEMBERS AND ASSOCIATION

PeninsulaPartners FORM A GROUP OF LOYAL HARD WORKING AFFILIATE MEMBERS WHO SUP-

PORT THE GROWTH AND PROMOTION OF THE ASSOCIATION AND REAL-TORreg ASSOCIATION MEMBERSHIP

PeninsulaPartners ATTEND ASSOCATION ACTIVITIES AND EVENTS

VOLUNTEER TO SUPPORT THE ASSOCIATION PROMOTE ASSOCIATION ACTIVITIES

SPONSOR ASSOCIATION PROGRAMS AND EVENTS

INTERESTED IN JOINING PeninsulaPartners Call us at 757-599-5222 or click here for a Partner Brochure


Publication Editor

Jim Wetzel RCEChief Executive Officer

Virginia Peninsula Association of REALTORSreg1001 North Campus Parkway

Hampton VA 23666t (757) 599-5222f 757-596-3911

jimwetzelvparorg

Cindy AndersonDirector of Member Services

Jo McNamara DalyEducation Director amp Event Planner

PeninsulaREALTORreg is published monthly by Virginia Peninsula Association of REALTORSreg as a

service to its membership

Virginia Peninsula Association of REALTORSreg ldquoThe Voice for Real Estatetrade on the Virginia Pen-

insulardquo is your local association of REALTORSreg representing over 1000 local REALTORreg members

and affiliates

As members of Americarsquos largest trade association The National Association of REALTORSreg together we represent over 11 million members including NARrsquos institutes societies and councils involved in all aspects of the residential and commercial real

estate industries

Our membership is composed of residential and commercial REALTORSreg who are brokers sales-people property managers appraisers counselors and others engaged in all aspects of the real estate

industry

The term REALTORreg is a registered collective membership mark that identifies a real estate

professional who is a member of the National Asso-ciation of REALTORSreg and subscribes to its strict

Code of Ethics

PeninsulaREALTORregDigital Magazine

The Official Publication of the Virginia Peninsula

Association of REALTORSreg

2015 OfficersPresident

Dewey HutchinsPresident-Elect

Andy Cohen Treasurer

Chandra Paterson Immediate Past President

Kimi Dornan Directors

Carl Burt bull Carla Carney bull Sandra Hood Eugenia Jackson bull Dee KarlssonAmanda Walsh Patierno bull Peggy Todd

CEOJim Wetzel RCE

Advertising PolicyWhile this magazine makes reasonable effort to establish the integrity of its advertisers it does not endorse adver-tised products or services unless specifically stated The publisher reserves the right to reject any advertisement at anytime Advertisements refused may include but are not limited to those that are legally questionable that may support products or services of questionable standards or that are inconsistent with the high professional standard of the Code of Ethics of the Association Advertising is open to REALTORreg members member firms affiliate members and non-members Product advertising is limited to resi-dential subdivisions commercial or industrial units and real estate related products and services excluding per-

sonal listingsEqual Opportunity Policy

VPAR is pledged to the letter and spirit of US policy for the achievement of equal housing opportunity The Asso-ciation encourages and supports an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race color elderliness reli-

gion sex handicap familial status or national originNotice

VPAR does not fix control recommend suggest or main-tain commission rates or fees for services

rendered by cooperating members or non-members


PeninsulaAffiliatesof the Virginia Peninsula Association of REALTORSreg

1st Advantage Fed Credit Union Alicia Westfall (757) 877-24442-10 Home Buyers Warranty Carolyn Ricketts (571) 606-8051Alpha Pest Solutions Sindi Rowell (757) 873-4999Amerispec Home Inspection Jamison S Brown (757) 868-0988Atlantic Bay Mortgage Group Courtney LaLonde (757) 874-6040Atlantic Exterminating Co Inc R Scott Tully (757) 223-9673Bankers Title LLC J Vance Stallings (757) 645-9327BB amp T Mortgage of Virginia Donna Davis (757) 873-6001Coleman amp Coleman PLC Donnie Coleman (757) 965-8482Colonial Exterminating Co Kimberly Beckett (757) 599-0889Commonwealth Exterminating Co Johnny Newell (757) 873-2030Cox Communications Misty Pritchett (757) 222-8394Creative Chameleon Media Karen D Lawson (804) 694-7586ET Lawson amp Son Inc Nancy L Allen (757) 722-1928Fidelity Bank Mortgage Nina C Efird (757) 597-0431First American Home Buyers Pro Jamie Cook (757) 390-8785Flemings Awards amp Promotional Fleming A Buck (757) 229-5688Fulton Mortgage Company Ryan Mutter (757) 223-4330Henry R Nice Jr Henry Nice (757) 880-3652HMS Home Warranty Amy Holloway (800) 843-4663Home Title of Virginia LLC Peggy H Truitt (757) 599-4663HSA Home Warranty Myra Federspiel (773) 251-9163Johnson Mortgage Company LLC Allen Barber (757) 873-1287Jones Blechman Woltz amp Kelly Herbert Kelly Esq (757) 873-8000Kaufman amp Canoles PC Mark A Short (757) 873-6351Keller Williams Elite Lisa Pen McBride (757) 223-9555Liberty Mutual Insurance Anne Burke (757) 258-0338Lytle Law PC Brian D Lytle (757) 595-5655Lytle Title amp Escrow LLC Heather Fuller (757) 643-7899MW McFall Inc ndash Real Estate Bill McFall (757) 873-6731Mares Exterminating Co LLC Thomas Mares (757) 868-4898Momorsquos Cafe Martha Bennett (757) 240-5854Monarch Mortgage Tu Ritter (757) 291-4004D Wayne Moore Esq (757) 873-7700Movement Mortgage Joe Anderson (757) 717-0248

Please join us in supporting our Affiliate Members by contacting them today Become an Affiliate here

National Exterminating Co Anna Wolpert (757) 599-3621Navy Federal Credit Union Karen Arient (757) 262-4448Old Point Mortgage LLC Rob Runnells (757) 769-7169OVM Financial Inc Chip Simkins (757) 713-2600Peninsula Title Company Robin B McArthur (757) 595-2536PESTOUT Glen Workman (757) 223-9902PFG Insurance amp Benefits Derry Haywood (757) 873-4508Pillar to Post Home Inspection Cathi Lynch (757) 870-4073PNC Mortgage Elyse Callaway (757) 599-6882PrimeLending Mike Hartnett (757) 368-9910Prof Termite amp Moisture Control Patrick Rogan (757) 599-3167Prosperity Mortgage Kevin Hull (757) 490-9200Pro-Tech Exterminating Inc Bob Herget (757) 224-1339REIN Joan Griffey (757) 531-7900Reliance Pest amp TermiteInc Wayne Kessinger (757) 485-5005Staged 2 Sell Therese Robinson (757) 344-5322State Farm Insurance Scott Miller (757) 874-8900Suntrust Mortgage Corporation Tricia Gentry (757) 873-7920Terry Peterson Residential John Peterson (757) 460-1770The Closers of Virginia Inc Bella Trowbridge (757) 595-4707The Daily Press Jennifer Cunnison (757) 247-4891Tidewater Home Funding Michele McDaniel (757) 223-9494Tidewater Mortgage Services Bob Teravainen (757) 594-6165TowneBank Mortgage Shirley Sasser (757) 687-5000US Inspect Inc Kevin Salva (757) 254-2960Universal Pest amp Termite Inc George Pilkington (757) 502-0200USAA Kemp Ward (757) 679-6983VA Housing Development Authority Janice Burgess (800) 227-8432Virtual Tidewater Rosalind Boyle (757) 880-6422Wells Fargo Home Mortgage Teresa Rutherford (757) 873-3308

REALTORSreg prefer working with people they know REALTORSreg know Affiliate Members are great to work with


Doing the Right Things and Doing Things Righthellip

In the 50rsquos one in 20 (5 percent) of US workers needed government approval for their occupation Today itrsquos one in three (33 percent) As one of the chosen professions its apparent NAR strives to keep our members in the forefront with the new REALTORreg Commitment to Excellence adopted by NARrsquos Board of Directors in May In a nutshell this policy establishes how we as REALTORSreg strive for excellence in a number of core competencies inclusive of NAR Code of Ethics the laws and regulations affecting real estate and advocacy efforts for strong real estate markets and healthy communities Essentially these factors will further distance our professional level of service from non-REALTORSreg The Commitment to Excellence also extends the way REALTORSreg interact with one another consumers and maintaining our educational requirements Lest we forget the Commitment also asks broker-owners and principals of real estate companies to maintain an environment that promotes excellent customer service

Interaction with consumers is a given and I applaud their focus of communicating with our fellow members In our competitive environment human nature in some instances allows potential conflict among

our members Professionally we must work beyond the personal emotion and strive for proficient courtesy Letrsquos practice and develop the following traits for a productive and harmonious relationship with our peers Show courtesy trust and respect to other REALTORSreg Real estate careers are built or ruined by your reputation among peers brokers and the public

Respond to other agentsrsquo calls texts and e-mails promptly and courteously This action is especially true for feedback of showings and status of offers and counter offers

Avoid the inappropriate use of denigrating language concerning a fellow REALTOR This instance has taken on a new meaning with social media and what you say is a reflection on our industry

Notify the listing broker or agent of any inaccurate information on the listing or safety issues

RESPECT showing instructions for the property including security systems pets lockbox location and preferred times for access

Mutual respect among our membership is essential to be successful in this businessWhat you do today may affect your reputationmdashand businessmdashfor years to come

Presidentrsquos Messageby Dewey Hutchins 2015 VPAR President

Therersquos a reason homeownership is the foundation of the American Dream

While lately the economy has presented some challenges it has also helped us focus on what matters most the value of owning a home Itrsquos reminded us that home is where we make memories build our future and feel comfortable and secure When yoursquore ready a REALTORreg a member of the National Association of REALTORSreg can help you find the home thatrsquos right for you REALTORSreg are preparedmdashto answer your questions show you options and guide you home

copy2010 National Association of REALTORSreg

HouseLogiccombuyandsell

Every marketrsquos different call a REALTORreg today


Housing Discrimination Doesnrsquot Need Intent Supreme Court Says

Much of the countryrsquos attention has been on the United States Supreme Courtrsquos rulings on marriage equality and the Affordable Care Act last week but the nationrsquos highest court also handed down an important housing decision that looks at whether a public or private entity can get hit with a federal Fair Housing lawsuit even if it had no intent to discriminate The legal concept is called disparate impact and ever since the federal Fair Housing Act was enacted in 1968 all federal courts of appeal have interpreted the law to mean an entity can get sued for housing discrimination if its actions have a disparate impact on a protected class regardless of intent

In its decision last week the Supreme Court affirmed a circuit courtrsquos judgement holding that disparate impact claims are cognizable under the Fair Housing Act and are an important component to the Fair Housing Actrsquos role in moving the country toward a more integrated society ldquoResidents and policy makers have come to rely on the availability of disparate-impact claimsrdquo the court says in its decision to the case Texas Dept of Housing and Community Affairs v Inclusive Communities Project Inc

Importantly the court made clear that just because an action has a disparate impact that doesnrsquot mean itrsquos necessarily discriminatory

All the facts in the case have to be looked at and a plaintiff must be able to point to a specific policy (or policies) of the defendant that is causing the disparity and even then the defendant can demonstrate that the challenged policy is necessary to achieve a legitimate business interest Only where the plaintiff can demonstrate that there is an alternative practice that would serve the defendantrsquos legitimate interest with a less discriminatory effect will a disparate impact claim be established

For NAR members since the decision upholds whatrsquos been a longstanding legal concept there should be little change seen on the ground Whatrsquos more since the decision includes

extensive discussion about the many factors that should be considered when looking at a disparate impact claim the court appears sensitive to the kinds of concerns that were identified by real estate professionals in a working group NAR created several years ago to look at the disparate impact issue

In that group two main concerns were identified that real estate professionals and others not be held liable for actions if they had no reasonable way of knowing that a disparate impact would be the outcome and that real estate professionals not be expected to do extensive research into the possible disparate impact of their actions

The Legal CornerNAR LAW amp POLICY by Robert Freedman


PeninsulaREALTORreg UPCOMING EVENTSby Jo McNamara Daly Director of education and events

Save The DatesREALTOR FEST - TUESDAY SEPT 22nd

ldquoTAKE ACTIONrdquo WITH VPARrdquo AT THE MARRIOTT IN CITY CENTER A GREAT WAY TO CONNECT WITH YOUR INDUSTRY PEERS PLEASE

SEE THE LINK BELOW FOR MORE INFORMATION AND THE VENDOR REGISTRATION FORM LAST YEAR WE SOLD OUT

httpwwwvparorgPDFrealtorfestVendor20Registration20Form202015pdf

IT IS A HOLLYWOOD THEME - LUNCH INCLUDED - WITH A SOCIAL AT THE END OF THE DAY WILL YOU DECORATE YOUR BOOTH WITH A SPECIFIC MOVIE THEME BEST

DECORATED BOOTH WINS A FREE BOOTH NEXT YEAR Please let your contacts who have individual businesses - a la Mary Kay Silpada etc know too Booths are still available but

going fast

TAKE ACTION AND CALL JO MCNAMARA DALY AT 599-5222 OR EMAIL JOVPARORG WITH QUESTIONS

VPAR Election Day ndash Monday Oct 19th

VPAR General Membership Breakfast ndash Tuesday Oct 20th

VPAR Installation amp Annual Awards Banquet ndash Friday Nov 6th

Register for ProgramsOnline at membersvparorg

or Call us at 757-599-5222


Atlantic Bayrsquos 90 NO MI Jumbo Advantage Loan has great options for clients seeking jumbo financing but

wish to make a smaller down payment than the traditional 20 most programs demand Unlike most lenders

the 90 NO MI Jumbo Advantage Loan offers clients the ability to put a 10 down payment on new home by

combining a 1st amp 2nd mortgage where the combined loan amount does not exceed $12 million

bull 10 down available with a 1st amp 2nd mortgage not to exceed a combined loan amount of $12 million

bull 85 loan-to-value up to $1500000 loan amount with no mortgage insurance (Credit must be 740 or higher)

bull Interest only ARMs available at 80 loan-to-value with loan amounts up to $650000 amp 70 LTV with loan amounts up to $15 million

bull Cash-out refinances up to 80 loan-to-value on primary residences

bull Owner occupied and second home eligible

bull Fixed rate and adjustable rate loans available

bull Only one appraisal required

bull 6 seller cost assistance for LTVrsquos over 70 9 for LTVrsquos 70 or less

bull Borrower may own unlimited number of properties on an owner occupied loan

bull No pre-payment penalty

bull Debt ratio up to 43

Program Highl ights

Revision Date April 14 2015

Loan programs may change at any time with or without notice Information deemed reliable but not guaranteedNot a commitment to lend Communication is intended for real estate professionals and not for the general public

757-870-4389johnbaldwinatlanticbaycomWebwwwatlanticbaycomjohnbaldwin

JOHN BALDWINVice PresidentNMLS 211255

Can you ldquoGive Me Fiverdquo At our leadership installation this year our 2015 VPAR President Dewey Hutchins of Liz Moore amp Associates asked all of our members to ldquoGive Me Fiverdquo Just 5 hours of volunteer work in your community Collectively think of the impact REALTORSreg have in each of our communities as we volunteer or most likely already serve as volunteers and selflessly give of ourselves to support the places we call HOME Let us knowhellip click on the link below for ldquoGive Me Five Formrdquo and use this form to tell us how you volunteered With over 1000 members our goal is to report 5000 hours and hope you can help We have over 1400 hours logged so far

Click Here to Log Your Hours Often


JUNE MEMBER TRANSFERSTravis Cobb Long amp Foster Real Estate IncKaren E Darwish Long amp Foster Real Estate Pamela J Denton William E Wood amp AssociatesAvis A Fraser-Williams ERA Real Estate ProfessionalsHolly Herbert Keller Williams Elite - PenLoraine Lewis ERA Real Estate ProfessionalsCrystal Walters Long amp Foster Real Estate IncBaylee Wang Real Property Management PeninsulaKeith Wilson Keller Williams Elite - Pen

PeninsulaREALTORreg Membership By Cindy Anderson Director of Membership

VPAR Members Volunteer at LPGA KINGSMILL CHAMPIONSHIP

Monday August 10th 400 pmmdash600 pm 2 hours Pending CEPLE NIGHT COURT

OUR ATTORNEY WILL COVER

Short Sale Ratification Default Termination Release Q amp A Sponsored by

LEGAL INSTRUCTOR Laura Foley Virginia Association

of Realtorsreg Legal Counsel

Register at membersvparorg

or Call the Association Office

757-599-5222

DONrsquoT MISS THIS OPPORTUNITY

VPAR Office 1001 North Campus Pkwy

Hampton VA 23666

COST $20 Members $25 Non-Members

2 Hours Contracts for CE 2 Hours Current Industry IssuesTrends for PLE

ldquoCRITICAL CONTRACT ISSUESrdquo Brought to you by the

VPAR Risk Management Committee in partnership with VAR

RESPATILA REFORM SEMINAR WHEN amp WHERE WEDNESDAY SEPTEMBER 9TH 2015 4pm - 6pm AT VPAR

MEMBERS COME amp HEAR IT OR ASK IT FROM LENDERS FROM SETTLEMENT COMPANIES

FEATURING LENDERSmdashTU RITTER OF MONARCH MORTGAGE amp ALISON HUTSON OF WELLS FARGO HOME MORTGAGE FEATURING SETTLEMENT AGENTS- BRIAN LYTLE ESQ amp HEATHER FULLER GM OF LYTLE TITLE

BROUGHT TO YOU BY THE VPAR PROFESSIONAL DEVELOPMENT COMMITTEE

THE RIPPLE EFFECT FOR OUR INDUSTRYhellip

REGISTER membersvparorg 757-599-5222 EXT 302 jovparorg

COST $15

WE ARE ALL IN IT TOGETHER

LEARN ABOUT EXACTLY WHAT THE RULE IS WHAT EXACTLY IS THE

ldquoBUSINESS DAYrdquo WHAT IT DOES NOT APPLY TO BENEFITS FOR CONSUMERS CLOSING DELAYS COSTLY ISSUES FOR CLIENTS INITIAL PROBLEMS BE PREPARED INTEREST RATE GAMES RECOMMENDATIONS Q amp A WITH THE PANEL

SPONSOR National Exterminating

2015 Virginia Real Estate License Continuing Education

When you think Continuing Education think VPAR

8HR CE Required amp Elective Courses - $50 COURSE HOURS 830 AM ndash 500 PM

8HR Required Course Dates (ce only)August 4 September 15

October 6 November 3 December 1

8HR Elective Course Dates (ce only) August 11 November 10

3HR CE Code of Ethics Courses - $30COURSE HOURS 900 AM ndash 1200 PM

( 3HR - CE amp PL)July 21 Sept 21

Payment required in advance to guarantee registration VPAR reserves the right to cancel class if less than 10 students are registered

Students must give 48 hours notice of cancellation for a full refund

Classroom daystimes donrsquot fit your busy schedule Then log onto to our website at wwwvparorg to register for our ap-

proved online courses

Questions Contact Jo McNamara Daly757-599-5222 ext 302 or Jovparorg

Register Online at membersvparorgor Call 757-599-5222


The PeninsulaRealEstateSchoolby Jo Mcnamara Daly Director of Education amp Events

Senate Finance and Commerce amp Labor two committees important to REALTORSreg

State Delegate Monty Mason House District 93 will be running for his first re-election Del Mason is a member of the Counties Cities amp Towns Committee which reviews many of the bills that impact the real estate industry In just his first term in office Del Mason has already proven himself to be a REALTORreg Champion

In House District 94 Delegate David Yancey is seeking another term in office Del Yancey first elected 2011 is a member of the Transportation and Commerce amp Labor committees which helps formulate policies important to VPARrsquos members Del Yancey has a strong knowledge of REALTORreg issues given his background in real estate and property management

Martin K JohnsonChief of Policy and AdvocacyVirginia Association of RealtorsTel 804-249-5708 Cell 804-514-9830MartinVARealtorcom


Genral Assembly Campaign Updates by MARTIN JohnSON VAR CHIEF OF POLICY and ADVOCACY

Recently Virginia REALTORSreg celebrated the victories of eight REALTORreg Champion candidates in the June 9th primary elections REALTORreg members from around the Commonwealth stepped up their advocacy efforts to new levels engaging in a variety of campaign activities to help elect candidates to office REALTORSreg knocked on doors made phone calls participated in campaign events and helped spread the message about our supported candidates

Campaign Services by the Numbers- 31535 pieces of direct mail- 1799 REALTORreg to REALTORreg phone calls- 8616 emails to REATLORreg members- 10621 Paid phone calls to voters- 3499708 online advertising impressions- 12162 click-throughs to REALTORreg Champion candidate websites

As REALTORSreg turn their focus to the November 3rd general elections members of VPAR will play a critical role in helping to re-elect three state legislative REALTORreg Champions from the Peninsula

State Senator Tommy Norment is running for re-election in Senate District 3 Sen Norment was first elected to the state Senate in 1992 and has risen to the position of Majority Leader He is responsible for directing activity on the chamber floor during legislative sessions Sen Norment also sits on


Challenges Loom for Real Estate Industry NAR Report FindsBy Sam Silverstein and Erica Christoffer NAR

The DANGER Report

The real estate sector faces a host of challenges that will require professionals in all facets of the industry to become more adaptable and agile in the coming years in order to

remain relevant and competitive according to a newly released report commissioned by the National Association of REALTORSreg

Concern about the erosion of the importance consumers place on real estate professionals in structuring and managing transactions in an era of fast-moving technology is among the top issues cited in the study which is based on data from a national survey of approximately 7800 REALTORSreg and interviews with 74 high-level executives and other real estate industry leaders The report also takes other real estate-related studies reports articles and surveys into account

Another challenge for the industry is the arrival of companies that previously did not participate in real estate which could disrupt established business models according to the study known as the DANGER Report (ldquoDefinitive Analysis of Negative Game Changers Emerging in Real Estaterdquo) Concerns about uneven professional standards and the burdens posed by government regulations also are on peoplersquos minds the report says

The report was conducted by industry analyst Stefan Swanepoel head of the Swanepoel T3 Group a research and consulting firm at the direction of NARrsquos Strategic Thinking Advisory Committee It is divided into five sections that detail challenges facing agents brokers NAR state and local REALTORreg associations and Multiple Listing Services

Stefan Swanepoel speaks about the DANGER Report at the REALTORSreg Legislative Meetings and Trade Expo in Washington DC ldquoDonrsquot think that people donrsquot want to play in your sandbox They dordquo says Swanepoel who spoke during last weekrsquos REALTORSreg Legislative Meetings and Trade Expo in Washington DC ldquoSome will play nice and some will not play nicerdquo

New technology is another force buffeting real estate Brokers could find themselves overwhelmed by the cost of building the technological solutions they need to thrive while agents worry that technology could marginalize the value they bring to buyers and sellers according to the study ldquoThere are a lot of products that are now being created very fastrdquo Swanepoel saysThe arrival of newcomers looking to introduce consolidation and new business models to real estate is another issue the industry faces he adds

Meanwhile real estate firms and associations face headwinds in attracting young people to their ranks Swanepoel says ldquoReal estate sales [isnrsquot] a first-choice careerrdquo for high school students he says adding ldquoWe need to find more people who can make a longer commitment to our spacerdquo


Challenges Loom continued

The DANGER Report offers no solutions to the challenges it identifies but instead formulates a starting point for industry-wide conversations and paths for finding solutions Swanapoel says ldquoItrsquos a summary of all the black swans that could be in the futurerdquoMichael Oppler senior vice president at Prominent Properties Sothebyrsquos International Realty and one of the 20 at-large members of the Strategic Thinking Advisory Committee called the report a peer-to-peer dialog tool ldquoWhen you look at this report you can have a much more open and honest conversation in your officerdquo he says

Information about the DANGER Report and its findings is available at REALTORorgdangerreport In addition the entire 164-page report is available at no cost from the REALTORreg Store

Successful VAR Legislative Agenda BillsHB 1493 Enticing persons to dwelling house to commit certain crimes penaltyThe law provides that a person who commits certain specified crimes including capital murder first and second degree murder murder of a pregnant woman abduction with intent to extort money or for immoral purposes aggravated malicious wounding robbery rape forcible sodomy or object sexual penetration within a dwelling house and who with the intent to commit such crime enticed solicited requested or otherwise caused the victim to enter the dwelling house is guilty of a separate and distinct Class 6 felony Patroned by REALTORreg member and Delegate Jackson Miller

HB 1424 amp SB 868 Water or sewer systems delinquent payment of rates and chargesRepeals a provision of the Virginia Water and Waste Authorities Act that limits a landlordrsquos liability for a tenantrsquos separately metered sewer or water charges to three delinquent billing periods of no more than 90 days in total The provision being repealed also prohibits a water or sewer authority from refusing service to the affected premises or other premises of the landlord on account of the delinquency as long as the landlord has paid the charges for which he is liable HB 1424 was patroned by Delegate Danny Marshall and SB 868 was patroned by Senator Ben Chafin

HB 1452 Landlord and tenant law who may recover rent and possessionAdds an employee who has proper written

New LAws Effective July 1stcontinued

NEW LOWER CREDIT LIMITS amp Larger Loan Amounts on Government Loans

Atlantic Bay off ers several government loan programs that have lower credit score criteria and larger loan limits than traditional mortgage companies As a Ginnie Mae IssuerServicer you and your clients can enjoy more fl exible loan terms without the hassle of unreasonable overlays

Herersquos a quick comparison between Atlantic Bay and other mortgage companies

Working with a Ginnie Mae lender in todayrsquos lending environment is a must-have for any agent working with clients who qualify for government loans Your clients will experience more fl exible loan qualifying terms and higher loan limit amounts giving them more home fi nancing options ndash a winwin for you and your client Yoursquoll rest assured by working with the Atlantic Bay team that your clients will be in good hands

As always you can continue to count on us to provide top service to your clients and get themthe nancing they need to purchase the home of their dreams

FHAVA CREDIT SCORE

USDA CREDIT SCORE

VA LOAN LIMITS

CREDIT RESCORING

FULLY UNDERWRITETBD PROPERTIES

UPFRONT UNDERWRITING

640

640

( Conforming loan limit )$417000

Not Typical

Very Rare

Not Typical

580

620

( Up to )$15 million

Yes

Yes

48 Hours

TYPICAL LENDER ATLANTIC BAY

Credit scores less than 640 have additional requirements which include but are not limited to reserve requirements and limitations on using gift funds General guidelines subject to Underwriter Review Income limitations This information is provided for business and professional use only and is not to be provided to a consumer or to the public This information is provided to assist real estate professionals and is not an advertisement to extend consumer credit as defi ned by Section 10262 of Regulation Z Fees Interest rates and products are subject to change without notice and may or may not be available at the time of loan commitment or lock-in

Revision Date Sep 30 2014




The VPARCharitable Foundation By Tu Ritter 2015 President

Thanks to All We raised over $25000 for our 25th Silver Anniversary Tournament

Once again we had a great turn out from all and a beautiful day It was a hot day but everybody had a great time and gave away some wonderful prizes including a 55rdquo Flat screen TV and 65 quart YETTI

Cooler The course was in top condition A special thanks to the whole staff at Kiln Creek Golf Club amp Resort They out did themselves again this year with all the new improvements to the course and facilitiesPlease reach out and thank all of our sponsors and participants in this yearrsquos VPAR Golf Tournament

Presidential SponsorsCox CommunicationsTidewater Physical Therapy Steve HowellPlatinum SponsorsREINWilliam E Wood amp Associates Corporate Challenge MatchWilliam E Wood amp Associates Mike Roberson Corporate ChallengeGold SponsorsNavy Federal Credit UnionTowneBank MortgageVirginia Peninsula Assoc Of RealtorsWilliam E Wood amp Associates Joe CarneyFriends of VPAR Charitable FoundationAngelorsquos Steak amp Pancake HouseCarabas RestaurantChiliesrsquo RestaurantMichael ShortRalph Goldstein AttorneyService Link Title ServicesVirtual Tidewater Photography SponsorYork Lighting

Sponsors and Teams1st American Home Warranty2-10 Home Buyers WarrantyAbbitt Realty Co LLCAdvanced TitleAtlantic Bay MortgageAtlantic ExterminatingBB amp T Mortgage of VirginiaBerkshire Hathaway Home Services Towne RealtyCD West amp CompanyCentury 21 NachmanColonial Exterminating CoCreative Realty ServicesDaily PressFidelity BankFrank amp ShapiroGreg Garrett RealtyHMS Home WarrantyKeller WilliamsLiz Moore amp AssociatesLong amp Foster Real Estate IncMenchville HouseMonarch MortgageMulkey Forbes Reid amp BartonNational Exterminating CoOld Point BankOld Virginia MortgagePFG Financial ServicePillar to Post Home InspectionPNC MortgageRose amp Womble Property ManagementRose amp Womble Realty CompanyService Link Title ServicesTeam WhitleyThe Real Estate BookTidewater CottageTidewater Home FundingTysinger MercedesUnion MortgageUnited ConcordiaVirginia Commonwealth RealtyVirginia EnterprisesWilliam E Wood amp Associates Port Warwick



authorization by a manager general partner or trustee of a family trust to sign pleadings as the agent of the business entity to obtain a judgment for possession or for rent or damages Patroned by REALTORreg member and Delegate Jackson Miller

HB 1642 and SB 775 Virginia Residential Property Disclosure Act representations related to special flood hazard zonesRequires the ownerrsquos representation to a prospective purchaser of residential property under the Virginia Residential Property Disclosure Act that the owner makes no representations with respect to whether the property is located in one or more special flood hazard areas and purchasers are advised to exercise whatever due diligence they deem necessary including (i) obtaining a flood certification or mortgage lender determination of whether the property is located in one or more special flood hazard areas (ii) review of any map depicting special flood hazard areas and (iii) whether flood insurance is required in accordance with terms and conditions as may be contained in the real estate purchase contract but in any event prior to settlement pursuant to such contract The bill contains technical amendments HB 1642 was patroned by Delegate Chris Stolle and SB 775 was patroned by Senator Mamie Locke

HB 1965 Department of Professional and Occupational Regulation Virginia Real Estate Transaction Recovery FundClarifies the eligibility requirements for citizens to make a claim under either the Virginia Contractor Transaction Recovery Fund or the Virginia Real Estate Transaction

Recovery Fund and conforms the provisions of the Virginia Real Estate Transaction Recovery Fund to the provisions of the Virginia Contractor Transaction Recovery Fund Patroned by Delegate Tom Rust

HB 2100 Condominium and Property Ownersrsquo Association Acts allowable charges rental of unitsConforms the Condominium Act to the Property Ownersrsquo Association Act with regard to the prohibition on a unit ownersrsquo associationrsquos charging any fees not expressly authorized by law or in the declaration The bill also (i) provides that an association may not limit or prohibit an owner from renting his unit or lot and may not charge fees for any rental or other processing fee in excess of $50 as a condition of approval of the rental (ii) sets new rules for providing association disclosure documents electronically and (iii) requires an association to maintain a website link for 90 days if the disclosure packet is provided electronically by that link The bill contains technical amendments Patroned by Delegate Chris Peace


THE LEGAL CORNERcontinued

ldquoI believe there is much in the decision that reflects an understanding of the type of concerns that NAR members shared in the disparate impact working group and reflected in NAR policyrdquo says Fred Underwood NARrsquos director of diversity and community outreach programs

For real estate professionals the decision means ending housing discrimination remains a national goal and it also affirms that one doesnrsquot have to intend to discriminate to be the subject of a lawsuit But it also means disparate impact claims must pass a reasonable hurdle because the court recognized many factors go into the decisions that shape our housing markets

More on the caseMore on Fair Housing

REALTORreg Fair Housing DeclarationI agree to

Provide equal professional service without regard to the race color religion sex handicap familial status national origin or sexual orientation of any prospective client customer or of the residents of any communityKeep informed about fair housing law and practices improving my clientsrsquo and customersrsquo opportunities and my businessDevelop advertising that indicates that everyone is welcome and no one is excluded expanding my clientrsquos and customerrsquos opportunities to see buy or lease propertyInform my clients and customers about their rights and responsibilities under the fair housing laws by providing brochures and other informationDocument my efforts to provide professional service which will assist me in becoming a more responsive and successful REALTORregRefuse to tolerate non-complianceLearn about those who are different from me and celebrate those differencesTake a positive approach to fair housing practices and aspire to follow the spirit as well as the letter of the lawDevelop and implement fair housing practices for my firm to carry out the spirit of this declaration

Defeated a 500 Increase We helped to defeat a budget amendment that would have increased the deductible that property owners including

YOUR clients pay to have their leaking underground oil tanks cleaned up and repaired by 500 The current $500 deductible was proposed to go up to $2500

The petroleum tank increase was a budget amendment

Prison time 1 to 6 years We added a felony charge to any criminal who lures or entices a REALTORreg to a property with the intent to do harm

The added felony will increase a criminalrsquos sentence by up to 6 years The 1-6 years are the statutory sentencing guidelines

Save $150 - $500hr on attorneysrsquo fees We continued to refine legislation that allows property managers to represent your clients in General District court

without needing an attorney So how much would your attorney charge per hour Typically attorney fees range from $150 - $500hr

$12000 back to consumers Under a new law that VAR drafted we have made it easier for Virginia consumers who have received a court judgment to

collect damages from the Real Estate Transaction Recovery Fund The average claim is approximately $12000 The $12000 figure is an estimate by the DPOR finance staff on the average claim that comes before the Board

Wiped out $200per Sign Fines We worked with a state legislator to prevent a proposal creating daily fines of $200 for any sign in any public right of

way How often do you use such signs for your listings 10 days for 1 sign = $2000 The $200 per sign was the language in the proposed bill VAR was able to stop

Keep RPAC of Virginia working for you Without your support RPAC cannot remain a powerful voice on key legislative issues Your dollars help us make our voice heard

Visit VirginiaRealtorsChoosecom

RPAC of VIRGINIA VICTORIES BY THE NUMBER$

RPAC makes a difference Just look at the numbers

Although the information contained herein was provided by sources believed to be reliable Thalhimer makes no representation expressed or implied as to its accuracy and said information is subject to errors omissions or changes

For more information please contact

CUSHMAN amp WAKEFIELD | THALHIMER Compass Pointe

One Compass Way Suite 100 Newport News VA 23606

wwwthalhimercom

TERESA NETTLES Senior Vice President (757) 873 9268 teresanettlesthalhimercom

1001 NORTH CAMPUS PKWY HAMPTON VA

OFFICE FOR LEASE VPAR BUILDING

PROPERTY FEATURES Suite 202 3462 SF Lease Rate $1650SF Full Service Conference room rental available to Tenants Close proximity to NASA amp Langley Air Force Base Situated close to Interstate 64 amp Coliseum Central Business District Large surface parking 150 spaces

DEMOGRAPHICS 1 Mile 3 Mile 5 Mile

TOTAL POPULATION 3611 60554 197574

TOTAL HOUSEHOLDS 1505 24969 78420

AVERAGE INCOME $72570 $69590 $67027





wwwthalhimercom


1001 NORTH CAMPUS PKWY Office for Lease

1001 North Campus Pkwy Second Floor Available Space

Full service marketing amp innovative mobile platformsall designed with your business in mind

NMLS 176544 Member FDIC

MonarchWhere homebuying dreams take flight

Got BugsUNDER STRUCTURE REPAIRSTERMITES WARRANTY BED BUG

Commercial or ResidentialCall for a free inspection

wwwcommonwealthextcom


The PeninsulaPerspective by Jim Wetzel RCE CEO

NAR recently posted another article warning us about Phishing Scams targeting REALTORSreg In this story posted by Melanie Wyne NAR Senior Policy Representative and Helen Devlin Senior Legislative Representive they report that in recent months real estate professionals have reported an upswing in a particular wire scam A hacker will break into a real estate professionalrsquos e-mail account to obtain information about upcoming transactions After monitoring the account to determine the likely timing of a close the hacker will send an e-mail to the buyer posing either as the title company representative or as the licensee The fraudulent e-mail will contain new wiring instructions or routing information and will request that the buyer send transaction-related funds accordingly Unfortunately some buyers have fallen for this scheme and have lost money

Be aware also that this particular scheme is only one of many forms of online fraud being perpetrated against real estate licensees and their clients In protecting all parties to a real estate transaction from cybercrime real estate professionals should consider taking steps to protect their business and their clients from cybercrime NAR provides legal guidance in the link below Read NAR Legalrsquos Guidance

As concerns of data privacy and the threat of Phishing and other hacking schemes are

prevalent in todayrsquos society VPAR Leadership reviewed recently our own internal policies regarding our Electronic Mail Privacy and Use To protect our members we recently adopted revisions to our policies to increase privacy protections for our members data

ldquoElectronic Mail Privacy PolicyVPAR values and commits to preserve the privacy of its members and to protect them from unwanted solicitations and other invasions of privacy To that end VPAR and its employees will not under any circumstances sell offer or otherwise distribute or make available the personal or company email address of any individual member or member firm to any individual or entity including members of VPAR charities political associations or candidates vendors contractors or affinity partners VPAR will obtain from all individuals and entities with whom VPAR deals and who might have access to such email addresses the contractual commitment to abide by this policyrdquo

NAR provides members additional resources and recommendations at NARrsquos Data Security and Privacy Toolkit This resource aims to educate real estate associations brokers agents and multiple listing services about the need for data security and privacy and assist them in complying with legal responsibilities

Plan ahead and know the Data Security amp Privacy laws that impact you and your real estate business

NARrsquos Data Security and Privacy Toolkit

RealEstateBookcomPRINT - WEB - MOBILE - SOCIAL - DIRECT MAIL

Featuring250 characters25 per lineEast WilmingtonRutherford Grand LakesArington Hills CoolidgeElrot Florence GilbertGold Canyon King andQueen Cedar CrestBristol Newport JacksonMadison ElbertvilleBarrowALL ACROSS NORTH AMERICA

THERealEstateBookreg

Volume 00 Issue 00

RealEstateBookcomPRINT - WEB - MOBILE - SOCIAL - DIRECT MAILTo see a sample listing on your smartphone Text T312634 to 85377

Learn more at RealEstateBookMediaKitcomFor FREE MAGAZINES or to ADVERTISE visit our website or call 800-841-3401

Bill McFallMarket Representative

The Market Leader in Hampton Roads VA amp North America

780 Pilot House Drive Building 400B Newport News VA 23606

office 757-873-6731 bull cell 757-286-6731 bull fax 757-273-8275email billmcfallcoxnet

wwwRealEstateBookHRcom

Cell (757) 870-1266Office (757) 488-6434

bankatunioncomtimblowe

Union Mortgage Group Inc

603 Pilot House Drive Suite 225 - Newport News VA 23606

Tim Blowe

MORTGAGE NOTICE This is not a commitment to lend or extend credit Restrictions may apply Information andor data is subject to change without notice Allloans are subject to credit approval Not all loans or products are available in all states Union Mortgage Group NMLS 173406 (wwwnmlsconsumeraccessorg)

NMLS 476397 (wwwnmlsconsumeraccessorg)

timblowebankatunioncom

Branch Manager

Termite Control Warranty Termite amp Moisture Inspection Reports Termite amp Moisture Damage Repairs Integrated Pest Management Bee amp Wasp Treatment amp Removal Specialized Rodent Control Prompt amp Quality Service

Bed Bug Service Dehumidifier Sales and Installation Moisture amp Fungus Control Review of Inspection Report with Agent Property

Manager ADVANCE Termite Colony Elimination System

Reach us on the Peninsula and Southside

Phone 757-599-3621 Fax 599-5867

Email bugmasternationalexterminatingcom

ldquoRecognized in the Top 100 exterminating companies nationwide by PCT since 2003rdquo

ldquoDelivering quality services and value to all of our customers with consistent output and continuous attention to detailrdquo

12484 Warwick Boulevard Newport News VA 23606

SPECIALIZING IN TERMITE AND PEST CONTROL WARRANTY FOR SOUTHEASTERN VIRGINIA





Phone 757-599-3621 Fax 599-5867






Interested in advertising your company Click here for our 2015 Adverstising Information

or call us at 757-599-5222 today

VPAR Legal Update June 25thwith Blake Hegeman VAR DEPUTY General Counsel

Virginia Peninsula Association of REALTORSreg Vendor Form REALTORreg Fest ndash VPAR TAKES ACTION Tuesday September 22nd 2015 1200 ndash 400 pm

Newport News Marriott at City Center Please complete this form and send to VPAR 1001 North Campus Parkway Hampton VA 23666 together with your check made payable to VPAR no later than September 10th to be included in printed materials Space is limited and will be given on first come first serve basis Registrations paid by credit card (Visa MC AMX or Discover) can be faxed to 757-596-3911 If you should have any questions please call Jo McNamara Daly at 599-5222 ext 302

Doors will be open for set-up at 1030 am All vendors must have their booths ready for display by 1200 pm Feel free to decorate your booth in our HollywoodMovie theme A 10rsquo space with a skirted (8rsquo) table and 2 chairs will be provided Each Vendor is limited to two (2) representatives at their booth Additional representatives may attend for $20 per person Door prizes are appreciated and encouraged

A SOCIAL WILL FOLLOW THE TRADESHOW FROM 4-6 PM AT THE MARRIOTT BAR AND PATIO My Company would like to participate at follows Sponsorship Level I (Limited to 8) $45000 Members $50000 Non-Members Includes

Ad on continuous slide projection Half page adlogo in event program

(camera-ready artwork provide by Sponsor) Name listed on totebag with other Level I

Sponsors One 8rsquo table and 2 chairs in chosen location Recognition as food and beverage sponsor Set of member labels to promote your

presence at the Trade Show Roster of attendees

Sponsorship Level II $35000 Members $40000 Non-Members Includes

Ad on continuous slide projection Quarter page adlogo in event program

(camera-ready artwork provide by Sponsor) One 8rsquo table and 2 chairs Set of member labels to promote your

presence at the Trade Show

Vendor Only $20000 VPAR Members $27500 Non-Members

Includes Name in program One 8rsquo table and 2 chairs

Tote Bag Sponsorship (Limited to 8) $25000

Have your company logo printed on the attendee tote bag to be distributed at check-in (14 frac34rdquo x 13rdquo x 10rdquo Eco-design bag with 10rdquo gusset) Makes a great reusable shopping bag as we work towards a greener planet

Additional requirements requested Electricity - $5000 extra if requested in advance If requested on-site charge is $75

(You will have to provide your own extension cords) High Speed Internet Connection - $2500 extra (only Wi-Fi available)

Other

Enclosed please find check in the amount of Sponsorship Level I $ 4500050000 $ Sponsorship Level II $ 3500040000 $ Vendor Only $2000027500 $ Tote Bag Sponsorship $25000 $ Other requirements (ElectricityInternetAddrsquol Rep) $ Total $

Business Name Business Category REFERRING REALTORreg Attendee (1) Name Attendee(2) Attendee (3) Name ($20) Attendee(4) ($20) Address Contact Person E-mail address Business Phone Fax Number

Card Number Expiration Amount Signature

I agree to abide by the rules amp regulations of VPAR and the discretion of VPAR as to the selection of vendors and vendor locations This contract not valid until signed by VPAR and returned to Vendor Signed by Vendor Date Signed by VPAR Representative Date

Vpar June HAPPENINGS

June SocialCRABSHACK Newport News

VPAR HURRICANEPREPAREDNESS SEMINAR


PeninsulaPartnersof the Virginia Peninsula Association of REALTORSreg

DiamondAtlantic Bay Mortgage

PlatinumREIN Gold

Commonwealth Exterminating CompanyLytle Title

Monarch Bank amp MortgageNational Exterminating Company Inc

SilverMovement Mortgage

PrimeLendingBronze

Fulton Mortgage CompanyThe Real Estate Book

Union Mortgage

OVER THE YEARS WE HAVE DEVELOPED A SPECIAL PARTNERSHIP WITH MANY OF OUR AFFILIATE MEMBERS WHO HAVE GIVEN SO MUCH FOR OUR

MEMBERS AND ASSOCIATION

PeninsulaPartners FORM A GROUP OF LOYAL HARD WORKING AFFILIATE MEMBERS WHO SUP-

PORT THE GROWTH AND PROMOTION OF THE ASSOCIATION AND REAL-TORreg ASSOCIATION MEMBERSHIP

PeninsulaPartners ATTEND ASSOCATION ACTIVITIES AND EVENTS

VOLUNTEER TO SUPPORT THE ASSOCIATION PROMOTE ASSOCIATION ACTIVITIES

SPONSOR ASSOCIATION PROGRAMS AND EVENTS

INTERESTED IN JOINING PeninsulaPartners Call us at 757-599-5222 or click here for a Partner Brochure


Publication Editor



Hampton VA 23666t (757) 599-5222f 757-596-3911

jimwetzelvparorg







and affiliates


estate industries


industry



Code of Ethics










CEOJim Wetzel RCE















































going fast






or Call us at 757-599-5222

















Program Highl ights


















757-599-5222



Hampton VA 23666











COST $15

































The DANGER Report






















FHAVA CREDIT SCORE

USDA CREDIT SCORE

VA LOAN LIMITS

CREDIT RESCORING



640

640


Not Typical

Very Rare

Not Typical

580

620


Yes

Yes

48 Hours














































wwwthalhimercom








AVERAGE INCOME $72570 $69590 $67027





wwwthalhimercom























Volume 00 Issue 00








Cell (757) 870-1266Office (757) 488-6434




Tim Blowe




Branch Manager





Phone 757-599-3621 Fax 599-5867










Phone 757-599-3621 Fax 599-5867



























Other









Publication Editor



Hampton VA 23666t (757) 599-5222f 757-596-3911

jimwetzelvparorg







and affiliates


estate industries


industry



Code of Ethics










CEOJim Wetzel RCE















































going fast






or Call us at 757-599-5222

















Program Highl ights


















757-599-5222



Hampton VA 23666











COST $15

































The DANGER Report






















FHAVA CREDIT SCORE

USDA CREDIT SCORE

VA LOAN LIMITS

CREDIT RESCORING



640

640


Not Typical

Very Rare

Not Typical

580

620


Yes

Yes

48 Hours














































wwwthalhimercom








AVERAGE INCOME $72570 $69590 $67027





wwwthalhimercom























Volume 00 Issue 00








Cell (757) 870-1266Office (757) 488-6434




Tim Blowe




Branch Manager





Phone 757-599-3621 Fax 599-5867










Phone 757-599-3621 Fax 599-5867



























Other
















































going fast






or Call us at 757-599-5222

















Program Highl ights


















757-599-5222



Hampton VA 23666











COST $15

































The DANGER Report






















FHAVA CREDIT SCORE

USDA CREDIT SCORE

VA LOAN LIMITS

CREDIT RESCORING



640

640


Not Typical

Very Rare

Not Typical

580

620


Yes

Yes

48 Hours














































wwwthalhimercom








AVERAGE INCOME $72570 $69590 $67027





wwwthalhimercom























Volume 00 Issue 00








Cell (757) 870-1266Office (757) 488-6434




Tim Blowe




Branch Manager





Phone 757-599-3621 Fax 599-5867










Phone 757-599-3621 Fax 599-5867



























Other










































going fast






or Call us at 757-599-5222

















Program Highl ights


















757-599-5222



Hampton VA 23666











COST $15

































The DANGER Report






















FHAVA CREDIT SCORE

USDA CREDIT SCORE

VA LOAN LIMITS

CREDIT RESCORING



640

640


Not Typical

Very Rare

Not Typical

580

620


Yes

Yes

48 Hours














































wwwthalhimercom








AVERAGE INCOME $72570 $69590 $67027





wwwthalhimercom























Volume 00 Issue 00








Cell (757) 870-1266Office (757) 488-6434




Tim Blowe




Branch Manager





Phone 757-599-3621 Fax 599-5867










Phone 757-599-3621 Fax 599-5867



























Other































going fast






or Call us at 757-599-5222

















Program Highl ights


















757-599-5222



Hampton VA 23666











COST $15

































The DANGER Report






















FHAVA CREDIT SCORE

USDA CREDIT SCORE

VA LOAN LIMITS

CREDIT RESCORING



640

640


Not Typical

Very Rare

Not Typical

580

620


Yes

Yes

48 Hours














































wwwthalhimercom








AVERAGE INCOME $72570 $69590 $67027





wwwthalhimercom























Volume 00 Issue 00








Cell (757) 870-1266Office (757) 488-6434




Tim Blowe




Branch Manager





Phone 757-599-3621 Fax 599-5867










Phone 757-599-3621 Fax 599-5867



























Other


























going fast






or Call us at 757-599-5222

















Program Highl ights


















757-599-5222



Hampton VA 23666











COST $15

































The DANGER Report






















FHAVA CREDIT SCORE

USDA CREDIT SCORE

VA LOAN LIMITS

CREDIT RESCORING



640

640


Not Typical

Very Rare

Not Typical

580

620


Yes

Yes

48 Hours














































wwwthalhimercom








AVERAGE INCOME $72570 $69590 $67027





wwwthalhimercom























Volume 00 Issue 00








Cell (757) 870-1266Office (757) 488-6434




Tim Blowe




Branch Manager





Phone 757-599-3621 Fax 599-5867










Phone 757-599-3621 Fax 599-5867



























Other
















going fast






or Call us at 757-599-5222

















Program Highl ights


















757-599-5222



Hampton VA 23666











COST $15

































The DANGER Report






















FHAVA CREDIT SCORE

USDA CREDIT SCORE

VA LOAN LIMITS

CREDIT RESCORING



640

640


Not Typical

Very Rare

Not Typical

580

620


Yes

Yes

48 Hours














































wwwthalhimercom








AVERAGE INCOME $72570 $69590 $67027





wwwthalhimercom























Volume 00 Issue 00








Cell (757) 870-1266Office (757) 488-6434




Tim Blowe




Branch Manager





Phone 757-599-3621 Fax 599-5867










Phone 757-599-3621 Fax 599-5867



























Other
























Program Highl ights


















757-599-5222



Hampton VA 23666











COST $15

































The DANGER Report






















FHAVA CREDIT SCORE

USDA CREDIT SCORE

VA LOAN LIMITS

CREDIT RESCORING



640

640


Not Typical

Very Rare

Not Typical

580

620


Yes

Yes

48 Hours














































wwwthalhimercom








AVERAGE INCOME $72570 $69590 $67027





wwwthalhimercom























Volume 00 Issue 00








Cell (757) 870-1266Office (757) 488-6434




Tim Blowe




Branch Manager





Phone 757-599-3621 Fax 599-5867










Phone 757-599-3621 Fax 599-5867



























Other





















757-599-5222



Hampton VA 23666











COST $15

































The DANGER Report






















FHAVA CREDIT SCORE

USDA CREDIT SCORE

VA LOAN LIMITS

CREDIT RESCORING



640

640


Not Typical

Very Rare

Not Typical

580

620


Yes

Yes

48 Hours














































wwwthalhimercom








AVERAGE INCOME $72570 $69590 $67027





wwwthalhimercom























Volume 00 Issue 00








Cell (757) 870-1266Office (757) 488-6434




Tim Blowe




Branch Manager





Phone 757-599-3621 Fax 599-5867










Phone 757-599-3621 Fax 599-5867



























Other















757-599-5222



Hampton VA 23666











COST $15

































The DANGER Report






















FHAVA CREDIT SCORE

USDA CREDIT SCORE

VA LOAN LIMITS

CREDIT RESCORING



640

640


Not Typical

Very Rare

Not Typical

580

620


Yes

Yes

48 Hours














































wwwthalhimercom








AVERAGE INCOME $72570 $69590 $67027





wwwthalhimercom























Volume 00 Issue 00








Cell (757) 870-1266Office (757) 488-6434




Tim Blowe




Branch Manager





Phone 757-599-3621 Fax 599-5867










Phone 757-599-3621 Fax 599-5867



























Other














COST $15

































The DANGER Report






















FHAVA CREDIT SCORE

USDA CREDIT SCORE

VA LOAN LIMITS

CREDIT RESCORING



640

640


Not Typical

Very Rare

Not Typical

580

620


Yes

Yes

48 Hours














































wwwthalhimercom








AVERAGE INCOME $72570 $69590 $67027





wwwthalhimercom























Volume 00 Issue 00








Cell (757) 870-1266Office (757) 488-6434




Tim Blowe




Branch Manager





Phone 757-599-3621 Fax 599-5867










Phone 757-599-3621 Fax 599-5867



























Other




































The DANGER Report






















FHAVA CREDIT SCORE

USDA CREDIT SCORE

VA LOAN LIMITS

CREDIT RESCORING



640

640


Not Typical

Very Rare

Not Typical

580

620


Yes

Yes

48 Hours














































wwwthalhimercom








AVERAGE INCOME $72570 $69590 $67027





wwwthalhimercom























Volume 00 Issue 00








Cell (757) 870-1266Office (757) 488-6434




Tim Blowe




Branch Manager





Phone 757-599-3621 Fax 599-5867










Phone 757-599-3621 Fax 599-5867



























Other




















The DANGER Report






















FHAVA CREDIT SCORE

USDA CREDIT SCORE

VA LOAN LIMITS

CREDIT RESCORING



640

640


Not Typical

Very Rare

Not Typical

580

620


Yes

Yes

48 Hours














































wwwthalhimercom








AVERAGE INCOME $72570 $69590 $67027





wwwthalhimercom























Volume 00 Issue 00








Cell (757) 870-1266Office (757) 488-6434




Tim Blowe




Branch Manager





Phone 757-599-3621 Fax 599-5867










Phone 757-599-3621 Fax 599-5867



























Other










The DANGER Report






















FHAVA CREDIT SCORE

USDA CREDIT SCORE

VA LOAN LIMITS

CREDIT RESCORING



640

640


Not Typical

Very Rare

Not Typical

580

620


Yes

Yes

48 Hours














































wwwthalhimercom








AVERAGE INCOME $72570 $69590 $67027





wwwthalhimercom























Volume 00 Issue 00








Cell (757) 870-1266Office (757) 488-6434




Tim Blowe




Branch Manager





Phone 757-599-3621 Fax 599-5867










Phone 757-599-3621 Fax 599-5867



























Other





















FHAVA CREDIT SCORE

USDA CREDIT SCORE

VA LOAN LIMITS

CREDIT RESCORING



640

640


Not Typical

Very Rare

Not Typical

580

620


Yes

Yes

48 Hours














































wwwthalhimercom








AVERAGE INCOME $72570 $69590 $67027





wwwthalhimercom























Volume 00 Issue 00








Cell (757) 870-1266Office (757) 488-6434




Tim Blowe




Branch Manager





Phone 757-599-3621 Fax 599-5867










Phone 757-599-3621 Fax 599-5867



























Other













FHAVA CREDIT SCORE

USDA CREDIT SCORE

VA LOAN LIMITS

CREDIT RESCORING



640

640


Not Typical

Very Rare

Not Typical

580

620


Yes

Yes

48 Hours














































wwwthalhimercom








AVERAGE INCOME $72570 $69590 $67027





wwwthalhimercom























Volume 00 Issue 00








Cell (757) 870-1266Office (757) 488-6434




Tim Blowe




Branch Manager





Phone 757-599-3621 Fax 599-5867










Phone 757-599-3621 Fax 599-5867



























Other
















































wwwthalhimercom








AVERAGE INCOME $72570 $69590 $67027





wwwthalhimercom























Volume 00 Issue 00








Cell (757) 870-1266Office (757) 488-6434




Tim Blowe




Branch Manager





Phone 757-599-3621 Fax 599-5867










Phone 757-599-3621 Fax 599-5867



























Other









































wwwthalhimercom








AVERAGE INCOME $72570 $69590 $67027





wwwthalhimercom























Volume 00 Issue 00








Cell (757) 870-1266Office (757) 488-6434




Tim Blowe




Branch Manager





Phone 757-599-3621 Fax 599-5867










Phone 757-599-3621 Fax 599-5867



























Other


































wwwthalhimercom








AVERAGE INCOME $72570 $69590 $67027





wwwthalhimercom























Volume 00 Issue 00








Cell (757) 870-1266Office (757) 488-6434




Tim Blowe




Branch Manager





Phone 757-599-3621 Fax 599-5867










Phone 757-599-3621 Fax 599-5867



























Other



























wwwthalhimercom








AVERAGE INCOME $72570 $69590 $67027





wwwthalhimercom























Volume 00 Issue 00








Cell (757) 870-1266Office (757) 488-6434




Tim Blowe




Branch Manager





Phone 757-599-3621 Fax 599-5867










Phone 757-599-3621 Fax 599-5867



























Other












wwwthalhimercom








AVERAGE INCOME $72570 $69590 $67027





wwwthalhimercom























Volume 00 Issue 00








Cell (757) 870-1266Office (757) 488-6434




Tim Blowe




Branch Manager





Phone 757-599-3621 Fax 599-5867










Phone 757-599-3621 Fax 599-5867



























Other












wwwthalhimercom























Volume 00 Issue 00








Cell (757) 870-1266Office (757) 488-6434




Tim Blowe




Branch Manager





Phone 757-599-3621 Fax 599-5867










Phone 757-599-3621 Fax 599-5867



























Other



























Volume 00 Issue 00








Cell (757) 870-1266Office (757) 488-6434




Tim Blowe




Branch Manager





Phone 757-599-3621 Fax 599-5867










Phone 757-599-3621 Fax 599-5867



























Other





















Volume 00 Issue 00








Cell (757) 870-1266Office (757) 488-6434




Tim Blowe




Branch Manager





Phone 757-599-3621 Fax 599-5867










Phone 757-599-3621 Fax 599-5867



























Other











Volume 00 Issue 00








Cell (757) 870-1266Office (757) 488-6434




Tim Blowe




Branch Manager





Phone 757-599-3621 Fax 599-5867










Phone 757-599-3621 Fax 599-5867



























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PeninsulaREALTOR® July 2015