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hurlburt hap pcs: Eglin HAP Question - Why Am I Bringing Money to Closing? - 01/19/12 05:33 PM

 One of the biggest sources of confusion I find with Eglin Air Force Base HAP sales from the seller comes at closing.  First, if you don't know what HAP is - it's the Homeowner Assistance Program from the Department of Defense.  It's designed to help military members who have permanent change of station orders (PCS), and are "upside down" in their home values, i.e. owe more on their mortgages than their property's market value. HAP will pay the mortgage deficit under certain circumstances, which helps the service member avoid the credit impact of short sale or foreclosure due to their mandatory … (4 comments)

hurlburt hap pcs: PCSing from Eglin AFB? Another Navarre Florida HAP Home Sold - 06/06/11 08:11 PM
 

This gorgeous home at 2408 Kodiak Ct., Navarre Florida was just sold using the HAP program.  What is HAP?  It's short for Homeowner Assistance Program, and is a Department of Defense relocation benefit to U.S. Armed Forces members who meet certain requirements. It's a terrific help for Eglin Air Force Base, Hurlburt Field and Duke Field airmen whose property values have declined.  How?  HAP may cover most, if not all, of your upside-down mortgage when you sell your property in order to PCS.What are HAP requirements? Here are the main criteria, but HAP will do a full review of your situation to see if you qualify, and … (11 comments)

hurlburt hap pcs: Eglin and Hurlburt HAP PCS – July Cut-Off Date Misleading - 03/03/11 01:14 PM

If you are an Eglin Air Force Base or Hurlburt Field airman, you may have heard of “HAP”.  HAP is the Department of Defense Homeowner Assistance Program that was expanded to help PCSing service members who are “upside down” in their mortgage loans.
You may have read the HAP website and think you don’t qualify for the program.  One of the main qualifications is that you owned your home prior to July 1, 2006. Think again!  There is almost a footnote on the site, that corrects the ownership date requirement:
 "Q. If I had a contract to purchase my … (5 comments)

 
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Wendy Rulnick "Its Wendy!" Destin FL Short Sales

Destin, FL

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Rulnick Realty, Inc.

Address: 12889 Emerald Coast Pkwy West, Ste. 107-A, Destin, FL, 32550

Office Phone: (877) 487-9639 x 204

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