Posts Tagged ‘Hampton’

Hampton Lake Introduces New Model Park

Wednesday, January 1st, 2014


Bluffton, SC (PRWEB) December 17, 2013

The Model Park is located on Fish Dancer Court in close proximity to the award winning Lakeside Amenity Village. The homes will be constructed by four of the communitys hand-selected custom builders: Arthur Rutenberg, Coastal Signature Homes, David Weekley Custom Classics and Southern Coastal Homes.

One of the model homes is currently under construction, with two more slated to break ground in January. Officials foresee the Model Park grand opening in the summer of 2014. The collection of homes will range in size from 2,400 to 3,500+ square feet and will start in the upper $ 500,000s.

To date in 2013, the community has 167 sales, 58 homes currently under construction and an additional 48 have already been completed.

Hampton Lake is a Reed Group community and is located off of Bluffton Parkway. Homesites are priced from the mid-$ 60s while waterfront homesites are priced from the low $ 120s. Home/homesite packages are priced from the high-$ 300 to $ 900+. For more information on Hampton Lake, go to http://www.hamptonlake.com.

About Hampton Lake

Construction on Hampton Lake began in 2006. Since that time, it has grown into a flourishing, family-friendly community complete with a 165-acre freshwater lake, pools, clubhouse, workout facility, spa, dog park and boating facility. In 2008 and 2009 respectively, it was named Best Community Facility, 151 Homes and Over and Best Community, 151 Homes and Over by the National Association of Homebuilders and Professional Builder Magazine.

About Reed Group

With more than 40 years in business, Reed Group is a diversified real estate company managing the planning, development, operation, marketing and sales of master planned communities and their amenities throughout the Hilton Head Island / Bluffton, South Carolina area. The companys five flagship communities Colleton River, Belfair, Berkeley Hall, Hampton Hall and Hampton Lake encompass more than 5,200 acres. The Reed Groups RG Materials and RG Realty were launched in 2013 to manage existing entities and expanding opportunities throughout the region.







Military Short Sales Gain Momentum With National Mortgage Settlement Act Help (Virginia Beach and Hampton Roads Real Estate)

Friday, November 30th, 2012


Virginia Beach, VA (PRWEB) November 28, 2012

Military Short Sales may be possible for Virginia Beach and nation-wide service members using the National Mortgage Settlement Act. The Act contains a number of provisions to protect military members rights and provide other significant benefits. Fannie and Freddie short sales are already in place – read here.

Virginia Beach Military Home Owners Should Read About the Act and Eligibility here.

Many Military Home Owners were not eligible for HAP (which is now officially done) Read below:

PCS orders: Under the Department of Defenses Homeowners Assistance Program (HAP), certain service members who are forced to sell their home at a specified loss due to a Permanent Change in Station (PCS) may be partially compensated for the loss. However, under the governing statute for HAP, only certain PCS service members are eligible for benefits. Under this settlement, all of the participating servicers will provide mandatory short sale agreements and deficiency waivers to certain service members who are currently ineligible for HAP.

Veterans Housing Benefit Program: $ 10 million will be paid into the Veterans Housing Benefit Program Fund through which the Department of Veterans Affairs guarantees loans provided on favorable terms to eligible veterans. In addition, many veterans with VA-guaranteed mortgages will be eligible for relief provided through the servicers $ 20 billion consumer relief obligations.

Will military short sales affect credit scores – yes but very minimal if current on mortgage. Read more about short sale and credit here.

Dennis Blackmore is a Retired Naval Officer REALTOR(R)/Agent Owner with Creed Realty Virginia Beach, VA. He serves the local military community with both purchases and sales of real estate.







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