If you are asking “What is a VA Compromise Sale” you can check out my previous post “Military Families Options if You Are Upside Down on Your Mortgage.”  In brief it’s a short sale for VA loans. Now the Veteran’s Administration (VA) has added a $1500 Relocation Bonus for VA Compromise Sales at closing.  The…

It’s a question asked frequently by military families stationed at Ft. Belvoir, Quantico MCB, the Pentagon and other installations part of the Military District of Washington. Last fall the Fannie Mae issued guidelines to include Permanent Change of Station (PSC) orders as a hardship. A hot line was (877-MIL-4566) created for service members to be…

As an agent who has had the privilege of successfully completing 35 Northern Virginia military  Department of Defense HAP sales, keeping up with all of the latest information is a daily challenge.  Talking with other agents across the country who also have been working with the HAP program we shared our concerns about the program…

Yesterday was the 20th Year that Wreaths Across America Project has been placing live pine wreaths on the graves of our fallen service members.  . It started as just a simple idea by Morrill Worcester, that every one who has served our country would be remembered during the holidays.   Since that time the project has…

This past week two prototype homes for injured US soldiers. were unveiled at Fort Belvoir. The two homes called the Freedom and the Patriot Homes are the first houses developed as part of a collaborative project between the Wounded Warrior Home Project, the Department of Defense and Clark Realty Capitol. The mission of the project…

Are you a military service member who owns a home in the Port Potomac neighborhood in Prince William County? 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…

Some families on Veterans Day will attend a local parade. Some families on Veterans Day will head to the shopping mall. Some familes on Veterans Day will spend a quiet moment remembering a lost loved one. But everyone on Veterans Day should stop for a moment and say THANK YOU to the men and women…

For a military family with PCS orders in a turbulent real estate market the options of what to do with an underwater home can be stressful. For the family of this home in the Southbridge neighborhood of Dumfries VA they discovered they were eligible for the Department of Defense of Homeowners Assistance Program (DoD HAP.)…

Along with the change in the weather today there are some changes in the air regarding loan programs that effect Northern Virginia home buyers as well. The first change is the reduction of the VA Funding Fee.  This is great news for anyone, active duty, retired or a military survivor who is eligible to use…

First a deployment and then PCS orders meant my sellers needed to make a move.  Unfortunately they had missed the deadline to qualify for the Department of Defense Homeowners Assistance Program (HAP) so it looked as if a short sale was in their future.  As we started talking about the process I learned they had…