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Christi Conroy

Hampton Roads Real Estate
Price Reduced on 263 Sykes Avenue in Oceana

Oceana, Virginia Beach  -  Announcing a price reduction on 263 Sykes Avenue, a 1,650 sq. ft., 3 bath, 3 bdrm 2 story "2 Unit condo". Now $180,000 - Great Buy!.

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4732 Crown Point Lane in Pembroke Manor is Sold!

Sold

Pembroke Manor, Virginia Beach  -  The 2 story at 4732 Crown Point Lane has been sold.

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Price Reduced on 305 Warwick Landing PKWY in Pelican Pointe At Warwick

Pelican Pointe At Warwick, Newport News  -  Announcing a price reduction on 305 Warwick Landing PKWY, a 1,500 sq. ft., 3 bath, 3 bdrm 2 story "Traditional". Now $135,000 - New Listing!.

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3 Reasons the Term “Strategic Default” Is Misleading

 

In a recent study, the Chicago Booth/Kellogg School Financial Trust Index found that a full 36% of Americans would consider “strategic default”—another term for walking away from your mortgage—if they were underwater (owed more on their home than what it was worth).

Now that more than one in four American homeowners is “underwater,” I feel that it’s important for the community to know the truth about strategic default.

The truth is the foreclosure process carries with it credit issues, current and future employment challenges, issues with security clearance and possible debt collections.

That’s why it is vital to explain the 3 reasons why the term “strategic default” is misleading:

1.      There’s nothing strategic about defaulting on purpose, especially when you have options like short sales, mortgage modifications, and refinance (just to name a few) that may keep you from foreclosure.

2.      The waiting periods to apply for a new mortgage loan are at least five years less in a short sale vs. a foreclosure.

3.      A foreclosure will show up on your credit report every time you apply for a home loan, car loan, new job, etc., and will affect your financial situation for many years to come.

 

If you are underwater and can no longer afford your mortgage payments, you need to create a genuine strategy to avoid foreclosure, helping to provide stability for you and our community.

If you have any questions about what steps you or someone you care about should take next, contact me today!

Please visit www.VirginiaForeclosureOptions.com

IMPORTANT GOVERNMENT DISCLOSURE: You may stop doing business with us at any time. You may accept or reject the offer of mortgage assistance we obtain from your lender (or servicer). If you reject the offer, you will not have to pay us for our services. The above brokerage is not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan.

2 Story For Sale in Brandon

1685 delaney st
Diamond in the Rough

• 2,582 sq. ft., 3 bath, 4 bdrm 2 story "Colonial Style" - MLS® $240,000 - Great Location

 -  If space is what you need, look no further. Large rooms, formal living and dining rooms and a family room with fireplace. Finished room over garage. Laundry room has wash sink and a half bath. Old style "Butlers Pantry/Wet Bar" is next to family room. Lovely sun room off the family room is perfect for relaxing or entertaining.

This home is a short sale. This home will require 203k or Cash. This home has great bones and needs a new roof, new heat pump and some wood trim needs to be replaced.

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2 Story For Sale in Salem Woods

1401 van gogh ct 007
Looks Like a Model Home

• 2,400 sq. ft., 3 bath, 4 bdrm 2 story "Transitional Style" - MLS® $300,000 - Best Price in Salem Woods

 -  Lovely home perfect for entertaining inside and out. Large cul-d-sac lot with creek that runs through the back of the property. Relaxing deck accented with brick pavers overlook your manicured backyard. Kitchen updated with beautiful black granite counters, bamboo wood floors and stainless steel appliances.
Two story foyer makes for a welcoming entrance with new bamboo floors. Formal living and dining areas, eat in kitchen plus family room surround the kitchen giving the home nice flow. Four bedrooms upstairs are very nice sized each featuring large closets and sunny windows. Master has en suite bathroom with dual sinks, garden tub and seperate shower. This home truly looks like a model!

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Price Reduced on 3201 Jonquil Ct in Silverwood

Silverwood, Chesapeake  -  Announcing a price reduction on 3201 Jonquil Ct, a 2,755 sq. ft., 3 bath, 5 bdrm colonial "Full Brick". Now MLS® $290,000 - New Price!.

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Price Reduced on 3668 Ship Chandlers Wharf in Virginia Beach

Virginia Beach, Virginia  -  Announcing a price reduction on 3668 Ship Chandlers Wharf, a 1,596 sq. ft., 3 bath, 3 bdrm townhouse "Nice Layout". Now MLS® $120,000 - New Price.

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Single Story For Sale in Courthouse Green

396 Deputy 001
Section 8 Approved

• 1,360 sq. ft. single story - MLS® $50,000 - Excellent Opportunity!

 -  Great investment opportunity. Section 8 approved unit. Short sale, will require third party approval. Current rental income is $926/month.

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Price Reduced on 705 Godfrey Drive, Newport News, VA 23602 in Denbigh

Denbigh, Newport News  -  Announcing a price reduction on 705 Godfrey Drive, Newport News, VA 23602, a 1,803 sq. ft., 3 bath, 4 bdrm colonial. Now MLS® SALE PENDING $175,000 - New Price!.

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Price Reduced on 3201 Jonquil Ct in Silverwood

Silverwood, Chesapeake  -  Announcing a price reduction on 3201 Jonquil Ct, a 2,755 sq. ft., 3 bath, 5 bdrm colonial "Full Brick". Now MLS® $315,000 - New Price!.

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Price Reduced on 3509 Maxim Ct in Millers Run

Millers Run, Chesapeake  -  Announcing a price reduction on 3509 Maxim Ct, a 3,164 sq. ft., 3 bath, 4 bdrm 2 story "Traditional". Now MLS® $325,000 - New Price!.

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2 Story For Sale in Pembroke Manor

Front of Home Featuring Addition
Rehabbed Home in Pembroke Manor!

• 3,100 sq. ft., 4 bdrm 2 story "Two Master Suites" - MLS® $260,000 - Great Buy

 -  Plenty of space in this updated Pembroke Manor home. Two master suites on second floor. Converted garage is a "man cave" delight, perfect media room or a home office with seperate entrance. The original master features an oversized walk in closet with window for natural light, large enough to be used as a nursary. New master suite is part of the addition. It features a sitting room/office, his and hers walk in closets, master bath with tub and seperate shower. New attached garage is extra deep and extra wide for the person who likes to tinker or if you just need plenty of storage. New laminate floors in the living room and dining room. New carpet going in upstairs.

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Price Reduced on 4732 Crown Point Lane in Pembroke Manor

Pembroke Manor, Virginia Beach  -  Announcing a price reduction on 4732 Crown Point Lane, a 3,100 sq. ft., 4 bdrm 2 story "Two Master Suites". Now MLS® $260,000 - Great Buy.

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2 Story For Sale in Millers Run

3059 Maxim Ct 004
Backyard Oasis Awaits!

• 3,164 sq. ft., 3 bath, 4 bdrm 2 story "Traditional" - MLS® $335,000 - New!

 -  Established Chesapeake neighborhood in the deep creek school system. Lovely home perfect for entertaining. Large open kitchen that opens to comfortable family room with built-ins. Sunny windows overlook the deck and pool set in the oversized, privacy fenced backyard. Two story entry features hardwood floors and leads to formal livingroom and fourth bedroom, currently used as office/study. Master suite features large room with ensuite bath. Garden tub seperate shower, water closet and dressing area with his/her closets.

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