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:
A. If you are a Military PCS eligible applicant and were under contract to purchase prior to 1 July 2006 and closed after that date, you would qualify"
According to the Emerald Coast Association of Realtors statistics, about 400 properties were placed under contract between January to July 1, 2006 which closed in July or later. These homes were in Navarre, Crestview, Destin, Fort Walton Beach and Freeport Florida. One of these buyers may have been “you”! I just helped an Eglin AFB airman whose home purchase and sale agreement was dated June 30, 2006, and who closed later in July. He is qualified for HAP!
If you are an Eglin, Hurlburt or Duke Field airman in need of HAP PCS assistance, investigate your options before resorting to short sale, VA Compromise sale or foreclosure. Contact a HAP - experienced real estate agent.
Wendy Rulnick, Broker, Rulnick Realty, Inc.
Call toll-free 1-877-ITS-WNDY (1-877-487-9639) or local 850-650-7883 ext 204
Email Wendy: email@example.com
Wendy is a short sale and pre-foreclosure specialist and has been featured in "Kiplinger Personal Finance Magazine" and "Florida Realtor Magazine". Call Wendy Rulnick, Broker/Owner, to list and sell your home or condo on the Emerald Coast of Florida in Walton, Okaloosa and Santa Rosa County- Destin, Santa Rosa Beach, Fort Walton Beach, Niceville, Bluewater Bay, Navarre, Seagrove Beach, Watercolor, Sandestin, Seaside, Crestview, Rosemary Beach, Mary Esther, Shalimar, Eglin AFB, Hurlburt Field.