This morning we went to settlement on our waterfront townhouse listing in Powells Landing in Woodbridge VA. The owners of the home had left the area on PCS orders in 2009 and were eligible for the Department of Defense Homeowners Assistance Program (HAP).
The owners contacted me after reading a number of blog articles I had written about DoD HAP benefits and we discussed their eligibility for the program and next steps. The tenants who live in the property are also military and were helpful in working with us on showings.
This is our 36th closing on homes in the Northern Virginia area since the HAP program was approved. We’ve been fortunate to work with so many families who had the option to use the benefits offered by the program in our down market. For all of these families it would have meant holding on to their homes for many years or face a short sale or VA Compromise sale.
The tenants have a new landlord for a short period of time while they pack up for their move. We look forward to our next DoD HAP settlement next week just a few miles up the road in Springfield VA.
If you are a military family in the Northern Virginia area give Cindy Jones and CJ Realty Group a call at 703-346-2213 to talk about your options. The deadline for DoD HAP applications is quickly approaching.