Please consider the following two items for the final rule:
1) The realtor fees should be paid during a Government Acquisition. Currently, you have to find a buyer before the Government will acquire the property after 120 days. Once the Government acquires the property, it will sell to your buyers on contract and pay their realtor fees. However, the realtor fees to list and find a buyer is not covered. The realtor fees for the listing and buyer's agents should be covered under the HAP program.
2) The closing costs should be considered for reimbursement. Many military members have paid over $10,000 in closing cost alone which is probably near 20% or more of their yearly income. The closing costs should be covered under the HAP program.
Comment on DOD_FRDOC_0001-DRAFT-0023
This is comment on Rule
Homeowners Assistance Program-Application Processing
View Comment
Related Comments
View AllPublic Submission Posted: 11/20/2009 ID: DOD-2009-OS-0090-0039
Jan 15,2010 11:59 PM ET
Public Submission Posted: 11/20/2009 ID: DOD-2009-OS-0090-0040
Jan 15,2010 11:59 PM ET
Public Submission Posted: 11/20/2009 ID: DOD-2009-OS-0090-0041
Jan 15,2010 11:59 PM ET
Public Submission Posted: 11/20/2009 ID: DOD-2009-OS-0090-0042
Jan 15,2010 11:59 PM ET
Public Submission Posted: 11/20/2009 ID: DOD-2009-OS-0090-0043
Jan 15,2010 11:59 PM ET