If you were stationed at Eglin Air Force Base, Hurlburt Field or Duke Field, were PCSd and need to sell, your HAP option is about over.
You must act NOW if you think you qualify for the program, to avoid VA Compromise Sale
, short sale
or foreclosure, or to recoup funds if you don’t have a mortgage. The programs ends on September 30, 2012.
1. HAP is the military Homeowner Assistance Program
that was expanded to help not only BRAC affected service members, but those with PCS (Permanent Change of Station) orders
2. Your orders must have been between For PCSing service members, PCS orders must be dated between February 1, 2006, and September 30, 2010.
3. You must have purchased or entered into a contract to buy your primary residence prior to July 1, 2006.
4. You must have PCSd to a base more than 50 miles away
5. Your property value must have reduced more than 10%
Per 32 CFR Part 239 Direct Final Rule dated July 5, 2012 in the Federal Register, Expanded HAP applications must be filed no later than September 30, 2012 for military service members applying under the PCS and BRAC 2005 eligibility categories. Applications postmarked or deposited after September 30, 2012 will not be accepted.
Properties must be sold by that date, i.e. “under contract” or “closed” per Diane Hudson, Chief of HAP, in her email responding to my inquiry.
If you are an Eglin AFB or Hurlburt servicemember, or part of Duke or Whiting Field, act now. If you do not qualify for HAP, and need to sell your property in Fort Walton Beach, Crestview, Navarre, Niceville or Destin, you may still qualify for a VA Compromise Sale
or traditional short sale.
Wendy Rulnick, Broker, Rulnick Realty, Inc.
Call toll-free 1-877-487-9639 or local 850-650-7883 ext 204
Email Wendy: [email protected]
Eglin Air Force Base short sale or VA Compromise Sale help
Wendy Rulnick, Broker, is a short sale and pre-foreclosure specialist and has been featured in “Kiplinger Personal Finance Magazine” and “Florida Realtor Magazine”. She has successfully helped hundreds of families avoid foreclosure through short sale along the Emerald Coast of Florida. Wendy Rulnick is knowledgeable in all aspects ofshort sale, including VA Compromise Sale, FHA HUD pre-foreclosure sale, HAP military PCS, HAFA, Bank of America Coop program and more. She is also co-founder of www.ShortSaleSuperstars.com and short sale instructor to agents across the United States. Wendy Rulnick sells real estate in Destin, Santa Rosa Beach, Fort Walton Beach, Niceville, Bluewater Bay, Navarre, Seagrove Beach, Watercolor, Sandestin, Seaside, Crestview, Rosemary Beach, Mary Esther, Shalimar, Panama City Beach, Eglin AFB, Hurlburt Field.