Did you buy or have a ratified contract on your home prior to July 1, 2006?
Did you leave the area before September 30, 2010 and rent your home?
Thinking of selling your Port Potomac home in 2012?
Have you heard of the Department of Defense Homeowners Assistance Program?
Since the program was approved Cindy Jones and CJ Realty Group have assisted 34 military families in the Northern Virginia area with successful sales of their homes under the guidelines of the Department of Defense Homeowners Assistance Program. Three of those have been for homeowners in the Port Potomac neighborhood in Prince William County VA.
Though most DoD HAP qualified service members have already deployed from the DC area, many of you made the decision to rent out your Port Potomac home instead of take the financial loss or undertake a short sale. With many leases expiring in the early spring now is the time to consider taking advantage of the program and selling your Port Potomac home.
We are often asked “if my home has been rented does that change my qualifications for the program.” No it does not. Unlike a short sale where an investor may be reviewed differently by a lender, a DoD HAP sale does not have those same restrictions. In fact a significant percentage of our recent HAP sales have all been for service members who left the area in 2008 & 2009.
The next question is “do I need to come back to Port Potomac to deal with the paperwork?” No you don’t. The paperwork you need to submit to the regional office in Savannah GA can be found on line at the USACE website and the paperwork for listing your home can all be completely electronically. In the last 2 years we have completed 12 DoD HAP transactions where we never had the pleasure of meeting the families we assisted face to face. We’ve worked cooperatively in assisting the tenants with the showings of the home and their check out of the property when the sale is completed.
If you are a service member who qualifies for the DoD HAP program and have a home to sell in the Port Potomac neighborhood give Cindy Jones a call at 703-346-2213. Let’s talk about the current status of the program and how you can take advantage of the program to sell your Port Potomac home.