hurlburt field: TOP SHORT SALE STORIES OF THE YEAR - 01/03/10 11:56 AM
It was a hectic year for short sales, but there was some good news, big and little, that brings hope for 2010. Here are my top short sale stories for the past twelve months, some personal, some national.
1. The first story is a Happy Short Sale Saga. One of my Destin Florida sellers regained employment, so did not have to sell the home he and his family desperately loved! I gladly withdrew the property from the market. Specializing in short sales is often more than closing the sale.
2. HAP - The Homeowner Assistance Program (HAP) is a government program … (9 comments)
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hurlburt field: Eglin AFB and Hurlburt Field: HAP Update - 05/11/09 03:47 PM
Since writing Eglin AFB and Hurlburt Field: Homeowner Assistance Program (HAP) for Short Sales, more information has come to light. Or lack of thereof! I have received numerous calls and emails looking for clarification on how the program will be implemented, and how it will affect PCS sellers (military relocation term meaning "permanent change of station"). Currently, the issue is there is no directive from the Department of Defense as to how to process HAP applications, nor many program specifics. My area, from Navarre to Destin, Florida and up through Niceville and Crestview has approximately 3000 airmen relocating to other bases … (7 comments)
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hurlburt field: Eglin AFB and Hurlburt Field: Homeowners Assistance Program (HAP) for Short Sales - 03/22/09 02:14 PM
Due to the draw-down of the 33rd Fighter Wing at the Eglin AFB complex, approximately 2000 airmen are being relocated from the Emerald Coast of Florida to other air force bases around the country and world. In addition, about 1000 personnel from Hurlburt Field are moving to Cannon AFB in Clovis, New Mexico. Unfortunately, airmen in the Fort Walton Beach, Crestview, Navarre, Niceville and Destin areas of Florida are facing the same predicament as most Americans. Many have mortgage balances that are more than the market value of their homes. Typically, when faced with a forced military move, and such choices as to … (3 comments)
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hurlburt field: 501 Division St., Fort Walton Beach, Florida - Property for Sale - 02/25/09 07:54 AM
Beautiful Fort Walton Beach Home Near Eglin Air Force Base
This Fort Walton Beach Florida home is full of smiles and surprises! Light open spaces, multiple gathering areas, high ceilings. Formal living room, step down family room with fireplace, oversized foyer. Kitchen is very open with center isle, plentiful cabinets, lazy susans and pull-out drawers. Newer gas range, new microwave. Floors are cleanly tiled in main rooms, bedrooms have neutral, thickly padded carpets. Master opens to huge rear deck. Large lot allows home to be set back from street. Incredible shed in back will please the gardner and craftsman. Just … (4 comments)
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hurlburt field: VA Short Sale Guidelines (VA Compromise Sales) - 12/31/08 05:17 PM
The Emerald Coast of Florida has a high military population with both active duty and retired air force personnel. Eglin Air Force Base is located in Fort Walton Beach, and Hurlburt Field is in Navarre, Florida. Duke Field and NAS Whiting Field are nearby. We will be seeing an increase in short sales for GI borrowers when they must relocate during their PCS moves (permanent change of station). VA Short Sales are called "Offers in Compromise", "Compromise Claims" or "Compromise Sales". The VA may accept a Compromise Sale if the cost to the VA is determined to be less than that of foreclosure.
The VA website says: "If the borrower … (9 comments)
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hurlburt field: 2154 Castle Grove Dr., Navarre, FL 32566 - 02/04/08 01:00 PM
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