Ar_home_b_search
 

Hampton Roads Development - 10/04/07 10:29 AM
                                                       
                                                                        Whats New In Hampton Roads Development 
                        
10/04/07
Chesapeake - Ground has been broken on the Gateway at SoNo project.  The project on the site of the former Big Pig grocery store will contain 133 condominiums priced from $160,000 to $350,000.  Twenty percent of the units will be made available for first-time homebuyers.
  
Norfolk - Norfolk's light rail project is scheduled to receive $128 million in federal funds beginning on October 1, which means that construction on the light rail line will begin by early November.  Trains should begin running on the line between EVMS and Newtown Road by 2010.
Portsmouth - The city … (0 comments)

HUD'S NEW RULING JUST IN - 10/04/07 09:01 AM
 
Home Buyers
HUD has just issued a final rule prohibiting the use of down payment assistance programs where a seller or other interested party (agent, lender, builder), places funds with a non-profit to facilitate the borrower down payment. This is effective as of October 31, 2007.
 This is the exact language in the ruling.
72 FR 56002: STANDARDS FOR MORTGAGOR'S INVESTMENT IN MORTGAGED PROPERTY (10/01/07)
Dated: September 26, 2007.
Brian D. Montgomery,Assistant Secretary for Housing - Federal Housing Commissioner.
[FR Doc. 07-4846 Filed 9-28-07;
   To get information on this matter please call
Ted Wheaton
757-404-4978
… (1 comments)

Local News and area information - 10/02/07 01:39 PM
 Local updated 10/2/07 
Chesapeake - The city is beginning its budget process and is seeking citizen input earlier than it has in any previous budget cycle.  Public comment sessions are scheduled for Mon., Oct. 1, at South Norfolk Library, 1100 Poindexter St. Tues., Oct. 2 at Russell Memorial Library, 2808 Taylor Road Wed., Oct. 3 at Major Hillard Library, 824 Old George Washington Highway Thurs., Oct. 4 at the sheriff's training room, 401 Albemarle Drive.  All of these sessions begin at 6:00 p.m.  City Council will have a comment session on October 25 at 5:30 p.m. at the Chesapeake Conference Center.
  
Federal - … (0 comments)

 

Ted M Wheaton II

Virginia Beach, VA

More about me…

REMAX Alleiance

Office Phone: (757) 217-1900 x 147

Cell Phone: (757) 404-4978

Email Me

Keeping up with whats going on in Virginia Beach, Norfolk, Portsmouth, Chesapeak, Suffolk, Franklin, Hampton and Newport News.


Links

Archives

RSS 2.0 Feed for this blog