Special offer

DOD HAP/Homeowners Assistance Program

By
Real Estate Agent with Better Homes & Gardens Premier VA 0225101026

Eligible homeowners selling their home and feel the value has been impacted by a BRAC/realignment or closure may be compensated for the difference between 95% of the appraised fair market value of the property prior to the announcement date, and the appraised value of the property at the time of sale, or the sales price, whichever is greater. For more details, visit: http://hap.usace.army.mil/Benefits.html

I wonder how a Seller will be able to determine if the value of their property has declined due to a base realignment or simply impacted by the REO & short sale market?  While I whole heatedly support any program that helps the service men & women who protect our nation, I cant help but think there are more questions than answers in this program.