eglin hap agent: Eglin PCS HAP Ends September 30, 2012 - ACT NOW
- 09/19/12 07:56 AM
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. To recap: 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 … (2 comments)
eglin hap agent: Selling Fast is OK for HAP Homes Near Eglin Air Force Base
- 05/29/12 04:48 AM
This home in Vesta Heights, Fort Walton Beach Florida, has been approved for HAP sale. The property went under contract just three days after going on the market! HAP approved the contract and replaced it with their own 11 weeks later. Things to know: 1. Even though the HAP (Homeowners Assistance Program for U.S. military) website says your home should be marketed for 120 days, the fact is, HAP really cares that you get "fair market value" (or 90% thereof). In this case, it was fortunate that the buyer happened to be looking for a home near Eglin Air Force Base and this exact match … (2 comments)
eglin hap agent: Did You Get a HAP Bill for Overpayment after Closing?
- 04/09/12 07:04 AM
Did you have an Eglin Air Force Base HAP sale in the past few years? If so, be aware that they are auditing files and you might actually receive a bill if they claim you were overpaid. One of my Fort Walton Beach HAP sellers received just such a letter with a bill for almost $5000. They claim he was accidentally overpaid for his sale over two years ago. The letter mentioned he might be "suprised". If you do receive a bill for overpayment from HAP, you may be offered options, as outlined below: 1. Instead of paying HAP back in a … (3 comments)
eglin hap agent: Eglin AFB HAP Program Changes: GASP Ends (Government Assisted Private Sale)
- 02/09/12 12:48 AM
If you are an Eglin Air Force Base or Hurlburt Field seller thinking about HAP, (military Homeowners Assistance Program), you may not be aware that effective February 1, the GAPS (Government Assisted Private Sale) has ended. Since we are talking "military", there are a lot of acronyms, so I'll start with a quick explanation. HAP is the program run by the Army Corps of Engineers that was expanded to assists U.S. military service members who have Permanent Change of Station (PCS) assignments, with "upside down mortgages" avoid foreclosure or short sale. Basically, HAP will cover the shortfall (part of mortgage … (6 comments)
eglin hap agent: How to Write a Contract for an Eglin AFB HAP Home
- 07/11/11 09:23 AM
As an Eglin AFB area agent who specializes in HAP listings, I frequently receive offers from agents who are not familiar with the HAP program. Since our Emerald Coast area is home to Air Force, Navy, Army and Marines at Eglin AFB, Hurlburt Field, Duke Field, Whiting Field and Camp Rudder, you will find several listings that are sale type “HAP” when searching the Emerald Coast MLS. If a HAP home seems right for your buyer, what do you do? First, know what HAP means. It is the Homeowners Assistance Program for the Department of Defense. HAP helps military members who have orders to … (2 comments)
HAP is the Homeowners Assistance Program that helps Eglin Air Force Base or Hurlburt Field airmen PCSing to new bases who have upside-down equity in their homes. That is, their mortgage balances are more than the fair market values of their properties. HAP helps those military members who are ordered to transfer to new bases avoid foreclosure, short sale and VA Compromise Sale by paying off the mortgage balance not covered by the sales proceeds due to declining market values. If you qualify for HAP, there are three main programs for assistance: Government Acquisition (GA), … (3 comments)
eglin hap agent: 102 Andalusia Place, Mary Esther FL - HAP Townhome for Sale
- 05/24/11 11:53 AM
See this beautiful Andalusia Place townhome in Mary Esther Florida. Located off Highway 98, it's in a convenient for Hurlburt Field or Eglin Air Force Base commuting. Note the oversized kitchen with lots of cabinets, counter space and tile floors. Three bedrooms total, with the master bedroom separated from the two secondary bedrooms for privacy, with walk-in closet in the master bath and double vanities. Two car garage with smooth painted floor. This home feels fresh and clean! The sale is contingent on HAP approval, which is typically less than 60 days.102 Andalusia Place, Mary Esther FL - HAP home for sale How to buy … (6 comments)
eglin hap agent: 652 Randall Roberts Rd., Emerald Village, Fort Walton Beach FL 32547 - HAP Home
- 05/10/11 12:09 PM
This Emerald Village, Fort Walton Beach Florida HAP home feels big! Vaulted ceiling over kitchen and living room, and raised ceiling in entry foyer add to the spaciousness. The kitchen of this 652 Randall Roberts Road home, with wood laminate floors, offers plenty of workspace with a center island, breakfast bar, and gas stove for top chefs. Huge living room with plant ledges and angled corner fireplace is partially open to kitchen and dining area. Master bedroom is private and opens to patio. The secondary bedrooms have wood laminate floors that add to a clean look. New Air Conditioner May 2011 … (7 comments)
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. To recap: 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 … (2 comments)
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