Expanded (HAP) Homeowners Assistance Program

DoD HAPIf you are a military family and you bought your home prior to July 1,2006 (property must have been under contract prior to this date) or if you are a government employee in the BRAC 05 category and bought your home prior to May 13 2005, you may qualify for the HAP program.  Department of Defense (DoD)-Homeowners Assistance Program (HAP).

The Gillies Team has helped many military and government families in the Stafford/Quantico/Northern VA area sell their homes using the HAP program.  Our team’s knowledge of the program and contacts inside the HAP offices will make the difference when selling your home.  Give us a call and we will be glad to answer any questions you may have about the program. The basic criteria are listed below along with the official HAP website.  The program may allow you to avoid short sale, and in some cases can help put more money in your pocket at settlement.  If you are not eligible for the HAP program, we can still help. The Gillies Team is very experienced with closing short sales and helping families move on from homes that are under water.

Members of the Armed Forces Permanently Reassigned During the Mortgage Crisis

Military Personnel Only

1. Permanent reassignment to a new duty station or home port outside a 50-mile radius of the member's former duty station or home port.
2. Reassignment ordered between 1 February 2006 and 30 September 2010.
3. Property purchased (or contract to purchase signed) before 1 July 2006.
4. Must have a decline of at least a 10% home value loss from the date of purchase to date of sale.
5. Property was the primary residence of the owner
6. Owner has not previously received these benefit payments.
7. If you are a member of the Armed Forces who is PCSing or has PCSed, download the application packet and complete the application. Carefully read all instructions, and mail your completed application to the USACE district responsible for the area in which your home is located. (Once DoD implementing guidance is received the district will contact you concerning your eligibility and benefits.

The process for BRAC-eligible personnel is slightly different.  Contact us for more info.

For more program information go to the HAP Website: http://hap.usace.army.mil/

   
THE GILLIES TEAM
85 Mine Road Suite 101
Stafford, VA 22554
Cindy Cell: 540-226-0023
Office : (540)300-2500
Fax: (540)300-2550
Cindy@GilliesTeam.com
Mike@GilliesTeam.com
Michael@GilliesTeam.com
We are excited you are considering THE GILLIES TEAM to be your advocates in guiding you through the Stafford / Fredericksburg Virginia area. This market includes the following: Spotsylvania County, Prince William County, Fauquier County, and these notable communities in the Stafford / Fredericksburg region: Seven Lakes, Christy Farms, Hunter's Pond, Magnolia Woods, Augustine (A premier golf community), Austin Ridge, Hampton Oaks, and Park Ridge. Making the decision to buy or sell your home is just the first step. You need accurate, up-to-date information to help you make educated decisions throughout the process. THE GILLIES TEAM is equipped to provide you with a level of knowledge and service unparalleled in the Stafford / Fredericksburg, VA area real estate market. So let's get started!