Welcome New Members – September Indoctrination Class

NEW MEMBERS
Davette Bellamy, EXIT Real Estate Solutions
Chiffon Bradshaw, Keller Williams Elite
Kathy Briglio, Rose & Womble Realty Company
Timothy Brown, Long & Foster
Steven Chapman, Mid-Atlantic Residential
Sherry Chow, Liz Moore & Associates
Pam Christiansen, RE/MAX Penninsula
Rashida Clarke, Liz Moore & Associates
Samantha Coleman, William E. Wood & Associates
Kara Curtis, Action Realty
Kyle Daddysman, Liz Moore & Associates
Greg Davis, Abbitt Realty Company LLC
Casandra Dawson, Long & Foster Real Estate, Inc
Anne Doop, Abbitt Realty Company LLC
Rinni Dumire, Pink Flamingo Realty LLC
Kimberly Dunklee, greg garrett realty.com
Deborah Eggers, William E. Wood & Associates
Jean Evans, Coldwell Banker Professional
Tonya Fields, Melody Matthews & Associates
Lezlie Hardesty, RE/MAX Ambassadors Colonial
Garrett Haywood, Prudential Towne Realty
Barbara Henderson, Keller Williams Elite
Sabrina Hite, Tidewater Premier Properties
Kim Hoskins, Liz Moore & Associates
Fei Hu, Prudential Towne Realty
Denise Leming, Rose & Womble Realty Company
Garrett Maroon, Keller Williams Elite
Lindsey Miles, greg garrett realty.com
Kippe ONeil, Prudential Towne Realty
Kimberly Pope, Abbitt Realty Co, LLC
Rebecca Shaw, Liz Moore & Associates
Sarah Shores, greg garrett realty.com
Marque Staton, CENTURY 21 Nachman Realty
Crystal Sullivan, Rose & Womble Realty Company
Catherine Terry, greg garrett realty.com
Laura Wagenfeld, ERA Real Estate Professionals
Patricia Webb, William E. Wood & Associates
Nebert Williams, Olde Towne Realty
Tammie Williams, Keller Williams Elite
Sherri Wilson, greg garrett realty.com
Tyrone Wise, EXIT Real Estate Solutions
Laura Worrell, Keller Williams Elite

RECENT TRANSFERS
Robert Chapman, Liz Moore & Associates
Renee Chatman, Rose & Womble
Sabrina Hite, Tidewater Premier Properties
Momo Hlaing, Long & Foster Real Estate, Inc
Sandra Hood, Coldwell Banker Traditions
Nina Lehouillier, Keller Williams Elite
James McClean, Tidewater Premier Properties
Pamella Moore, Coldwell Banker Professional
Cheri Richards, William E. Wood
Brian Saunders, Brian F. Saunders & Associates
Michael Weisflog, Tidewater Premier Properties
Josetta Wells, ERA Real Estate Professionals

The Monitor – September 2014

GASTON, SUSAN COLOR 2255 (2)Virginia Peninsula Association of REALTORS®
Monthly Public Policy Report
“THE MONITOR”
SEPTEMBER 2014

Local Issues

Hampton
VPAR members Bill Brown, Sandra Hood, Chandra Patterson, Regina Scott and Peggy Todd, along with CEO Jim Wetzel and Legislative Consultant Susan Gaston, attended the September 3rd “STATE OF THE CITY OF HAMPTON” event. This is one of three in a series of lunch programs featuring the Mayors of Hampton, Newport News and Poquoson that are sponsored by the Virginia Peninsula Chamber of Commerce. VPAR members are encouraged to purchase individual tickets. Register for the remaining programs by visiting http://business.virginiapeninsulachamber.com/events/details/state-of-the-city-series-2036.

In response to outreach from Mayor George Wallace, Vice Mayor Linda Curtis and City Manager Mary Bunting, VPAR’s Public Policy Committee has put forth REALTOR® Peggy Todd to be part of a focus group of REALTORS®, builders and developers that will concentrate on how best to increase the City’s housing stock and how to meet the needs of the housing and development communities. VPAR’s Legislative Consultant, Susan Gaston, has been asked by the City to represent VPAR as well, and former VPAR Presidents Perry Pilgrim and Tommy Thompson also are under consideration. More to come as details emerge on specific tasks and focus group members.

VPAR’s Legislative Consultant, Susan Gaston, continues to work with the City on the matter of the City’s Rental Inspection Program. At its August meeting, the Public Policy Committee reaffirmed its support of the ordinance, and also pledged its support to several proposed amendments to the ordinance that will make the program more favorable to landlords, property owners, REALTORS® and property managers.

Confused about AICUZ? When do property owners disclose that they are in a noise or crash zone association with Langley Air Force Base? Or, when is disclosure NOT required? To better educate VPAR members as well as members from HRRA, who deal with similar issues from Oceana Naval Air Station, we are hosting a forum in conjunction with the September 23rd REALTOR Day event. Scheduled for 10:30 AM at the Marriott, VPAR and HRRA have invited VAR CEO Terrie Suit to speak to this issue given her work on it as a member of the House of Delegates.

The City is set to begin review of the Coliseum Central, Downtown and North King Street Neighborhood Master Plans. VPAR already has reached out to the City’s Community Development Department; the City indicated that they would reach out to the Association for input and involvement.
Newport News
The Comprehensive Plan review process is back on track with the City’s recent hire of a new Director of Comprehensive Planning. VPAR remains intensely engaged on the Comprehensive Plan Citizens Advisory Committee (CPCAC). VPAR is working with the Planning Department to schedule a member-wide visioning exercise to generate ideas from the membership regarding what they would like to see in Newport News in the coming decade. Stay tuned, but in the meantime, visit http://www.nngov.com/planning/resources/cpcac for more details on how you and your clients can weigh in on the Comp Plan review.

Poquoson
With the recent kick-off meeting of the Virginia Climate Change and Resiliency Commission on September 10th, almost on cue, the rains came to the Peninsula. But no one knows flooding like Poquoson knows (and handles) flooding. To better understand the details of the greater issue and the implications of policy initiatives, VAR’s Martin Johnson, Chief of Policy and Advocacy, will visit with Poquoson City leaders for a “Flooding 101” briefing Session. Joining Martin will be Susan Gaston. Stay tuned for more details!

REGIONAL
VPAR is working to help Hampton Roads Transit (HRT) improve transportation and transit systems on the Peninsula and throughout the region by soliciting feedback from the general public.

CONNECT Hampton Roads is a new initiative just started recently by HRT to kick start a conversation about what regional transportation options the public wants. Does the region want more buses running later, in more cities and longer into the weekends? What is the future role of light rail transit? How do bicycle paths and park and rides fit into the transportation mix? Are we imposing too much of a financial burden on cities under our current system?

Hampton Roads Transit will use the comments as part of an on-going discussion to gather comments, combining them into broad categories such as bus, rail, ferry services, pedestrian pathways and transit funding. The comments will be incorporated into a planned long-range Transportation Vision Plan. Next year, the plan will be shared with the Virginia General Assembly.

Housing and public transit are important elements in our quality of life, and the two are very much aligned… so, REALTOR® input is very important to this process! Give your thoughts as to how to achieve the goal of a more connected community via transportation systems by going to https://connecthamptonroads.surveyanalytics.com/.

STATE
The VREB regulations have been reviewed and re-drafted but to date remain unsigned, and this not in effect.

THE VREB REGULATIONS ARE NOT IN EFFECT AT THIS TIME AND WILL NOT BECOME EFECTIVE UNTIL THE GOVERNOR HAS FORMALLY APPROVED AND SIGNED THE DOCUMENT. VPAR will advise the membership upon approval and the regulations becoming effective.

The VAR Public Policy Committee met on August 13th to initiate discussions on legislation proposed for the 2015 General Assembly Session. This is only the beginning of a very detailed process, and if VPAR members know of issues that require a legislative remedy, please advise your Legislative Consultant, Susan Gaston, at susan@gastongroup.com. Additional discussions on the legislative positions will be held during the business meetings of the October VAR REAL SHOW.

FEDERAL
VPAR members Dale Chandler and Dot McKelvin, led by Federal Political Coordinator Chandra Patterson, represented VPAR at Congressman Bobby Scott’s (3rd – D, Newport News) Annual Labor Day Picnic. Joined by many elected officials from the Peninsula, the General Assembly and Congress, REALTOR® Patterson presented the Congressman with a check from NAR’s REALTORS® Political Action Committee (RPAC). The event was a great opportunity to show REALTOR® strength and the influence of VPAR. See the fun photos on VPAR’s Facebook page .

Likewise, only a few days later, VPAR again was well-represented when REALTOR® Mary Beth Pauley, a former VPAR member who now is the Vice President of WAAR, and VPAR Public Policy Chairwoman, Sandra Hood, along with Legislative Consultant Susan Gaston, met with Congressman Rob Wittman (1st – R, Westmorland). REALTOR® Pauley, the Federal Political Coordinator for Congressman Wittman, presented the Congressman with a check from the national RPAC as well. It was a great opportunity to spend quality time with the Congressman and to discuss significant issues on the NAR radar screen, most notably, the issue regarding extending the Mortgage Indebtedness Forgiveness Act. Visit VPAR’s Facebook page to see a nice photo of the presentation!

NAR Asks Members of Congress to Co-Sponsor Mortgage Indebtedness Forgiveness Legislation
One of the top NAR priorities upon Congress’s return to Washington is to request co-sponsors for H. R. 2944, the bill to extend the Mortgage Indebtedness Forgiveness legislation. More information can be found here:
http://www.ksefocus.com/billdatabase/clientfiles/172/4/2072.pdf
NAR Participates in FAA Working Group
NAR has been invited to participate in an on-going Federal Aviation Administration (FAA) working group on Unmanned Aerial Systems (UASs). NAR will use this opportunity educate FAA officials on how Realtors are interested in utilizing this technology safely and responsibly. Currently, the FAA prohibits the use of UASs for any commercial purpose, such as creating a video to sell property. The FAA is on track to propose regulations in November that will establish a timeframe for integrating small UASs into the national airspace. NAR supports regulations that would allow members to use this technology safely but that are not overly cumbersome or expensive.

NAR Submits Comments to FHFA on G-Fees
On September 8, 2014, NAR submitted comments to FHFA in response to its Request for Input on the guarantee fees (g-fees) that Fannie Mae and Freddie Mac (the government-sponsored enterprises or Enterprises) charge lenders; and to raise concerns about implementation of the proposed increases to both the g-fee and up-front fees charged to borrowers (loan level pricing adjustments or LLPAs).

NAR Submits Comments to FHFA on PMIERs.
On September 8, 2014, NAR submitted comments to FHFA on its proposed draft Private Mortgage Insurer Eligibility Requirements (PMIERs) for companies that insure mortgage loans owned or guaranteed by Fannie Mae and Freddie Mac. The proposed requirements are important to NAR members as private mortgage insurance is often required for borrowers with down payments less than 20 percent.
Should you have questions on these or other issues, or for additional details, please contact Susan Gaston, VPAR’s Legislative Consultant, at 757-871-1445 or at susan@gastongroup.com.

VPAR September Social – Monday, 9/15 at 5pm

BuffaloMONDAY, September 15, 2014  5pm to 7pm

MEET YOUR 2015 VPAR CANDIDATES !

football-on-fire-thumb

WEAR YOUR FOOTBALL TEAM COLORS PROUDLY !

Buffalo Wild Wings 12150 Jefferson Ave. Newport News

Happy Hour Drink Prices & FREE Appetizers

Bring your business cards for DOOR PRIZES!

Register at each monthly social and you will be automatically entered for our December drawing for big prizes!

generously sponsored by

Wells Fargo Home Mortgage

The Voice for Real Estate: Debt Cancellation, FHA Prepayment Penalty

In The Voice for Real Estate news series, NAR Director of Broadcasting Stephen Gasque looks at chances for mortgage cancellation relief in the remaining weeks of this congressional session, a win for borrowers as FHA eliminates a prepayment penalty, and how to avoid a copyright violation on your website. The video also looks at NAR’s forward-looking pending home sales indicator, which is at its highest level in a year, suggesting solid sales as the year winds down.