Comments on: Military Homeowners Assistance Program

By: Walt

Walt — Wed, 18 Aug 2010 22:46:06 +0000

WAAAAAY back, if you bought a house and you were in the military, you KNEW you would move, so you bought and played long distance relationship tag or you sold, took the loss, then moved on.
Now since the military NEVER moves you….WAIT…they still do. What the hell are you thinking, buying a house when you KNOW you’re going to PCS eventually? Stop whining and deal with it. You made a mistake, thinking you’d buy low, sell high and make a lot of $$$.
This Army vet and Marine Corps knew better, as all smart military families do. Save til you’re close to retirement and put a down payment on a nice, middle priced home and upgrade as you can…..you played the market and LOST. Stay put, bite the bullet and usee Vonage or Skype….

By: Rebecca

Rebecca — Tue, 19 Jan 2010 07:07:13 +0000

I agree with the other posts. We bought in August of 2006 and have taken a $70K hit on our home. How can we sell? Our only option beside foreclosure is to rent this house for way less than our payment and try to find someone willing to rent us a house we can afford. Good luck!!! This program needs some work to help the military.

By: Patrick

Patrick — Mon, 16 Nov 2009 20:12:09 +0000

Copy the previous submitter’s comments. We fortunately were able to sell our house prior to our PCS this year, but at a substantial loss. We will not be able to recoup any of our significant losses because of the completely arbitrary Jul 2006 purchase eligibility date. Congress really needs to amend this to truly make this a program to help out military members.

By: Anna

Anna — Thu, 08 Oct 2009 20:24:37 +0000

This program doesn’t help us at all. We purchased after the 2006 cut off date. Our home is in SC and has been on the market for 6 months, no offers to date. My husband is PCSing to CT. Either we don’t ever see each other, or we go into foreclosure. We may go into foreclosure anyways.