Buying or selling a home is stressful enough for civilians, but there's an extra level of complication for military personnel. They may have to make a decision and close a deal on short notice. If they're buyers, they may not know much about their new community. They don't know how long they'll live in their new home before the next PCS.
If buying a home while on active duty, the buyer might not even be in town for open houses, the VA-approved inspections, and all the essential activities that lead up to a home sale. That's why they should strongly consider working with a Military Relocation Professional (MRP) such as the Military Home Search team. Keep reading to learn how MRPs can help military homebuyers.
As plans come together for a permanent change of station (PCS), military members are faced with making housing decisions. There is no one-size-fits-all answer to this question as everyone's circumstances are different, but there are definite situations when it makes the most financial sense to buy instead of rent. Keep reading to learn why it's sometimes better for active-duty military members to buy a house instead of renting one.
For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.
Renters Are Already Paying a Mortgage; It Just Isn't Theirs
Military individuals or families who rent homes are already essentially paying a mortgage—they're paying off their
One of the few certainties in military life is frequent moves, often with little notice. When it comes time to go to a new location, many military members will choose between having the government handle the move or doing it themselves. Many are drawn to a do-it-yourself (DITY) move because the government will pay you to handle the move yourself. But, the move itself can be complicated, and there are many potential drawbacks to consider. Keep reading to compare and contrast DITY moves and government moves.
Things to Know About DITY
Do-it-yourself (DITY) moves are now known as personally procured moves (PPM). However, DITY is still used colloquially. Many people are drawn to the idea of managing their move because they think that, financially,
Many people have the luxury of time when buying a house, but active-duty military members sometimes have to make a quick decision. Whether having recently joined the military, having years of service, or getting ready to retire, purchasing a home can be a great investment, but it can also create some challenges when getting deployed at a moment's notice or a permanent change of situation arises. Considering investing in a home at a new duty station? Or perhaps separating from service and looking to settle down? Keep reading to find five things first-time military home buyers should know.
For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.
Deciding whether to buy a home is not an easy task, even for civilians. Can they afford it? Is it what they really want? Are they ready for the gigantic financial commitment?
With the ever-present chance of a PCS and all the uncertainties of military life, the decision to buy a home can be even more challenging for active-duty military personnel. Wondering if it's the right time to buy a home? Keep reading to find six factors to consider before buying a home while on active duty.
For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.
How to Budget for a Home While on Active Duty
When interest rates are low, and prices are rising, there's a temptation to
Homebuying is exciting but can get complicated, especially for military service members who have unique needs and circumstances when purchasing a property. The buying process for military members is quite different than it is for the average homebuyer. Working with a knowledgeable military real estate agent can differentiate between a rocky experience and a seamless one. Are you an active-duty military member or a veteran seeking to buy real estate? Keep reading to find three reasons to work with a military real estate agent.
For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.
Military Real Estate Agents Understand Active Duty Timelines
When fall arrives along with the spookiest month of the year, locals around the city of Colorado Springs have many annual events to consider. From arts festivals to 5K runs, Colorado Springs has plenty of events that welcome the season. Read on to learn about Colorado Springs events in October that draw locals and tourists alike to the Pikes Peak Region.
Colorado Springs Arts Month
During October, the arts abound throughout the community and the Colorado Springs area. Local talent is showcased alongside cross-sector collaborations from around the nation. Colorado Springs Arts Month aims to celebrate local artisans and encourage people to get out and have a culturally inspired experience during October.
Siding is one of the most expensive components of a home. On the bright side, there are lots of siding options, which makes it possible to find a type of siding that matches the budget and needs of almost any homeowner. When building a new construction home or updating an older residence, it's important to know what the siding choices are and the advantages and disadvantages of each. Read on to learn about the most popular styles of home siding.
Vinyl Siding
Recent upgrades to vinyl have made it the most popular choice for home siding in the U.S. Still, there are pros and cons to vinyl siding. It has largely replaced aluminum and steel, which are seldom used today. Vinyl is affordable, and the technology to produce durable vinyl gets better every
Looking for a tasty cocktail or a place to celebrate with friends? Colorado Springs has a broad selection of bars to choose from. Once part of the original wild west, it's fun to imagine what the watering holes of the city's past might've looked like. Today, the city's bar scene pays homage to its roots with old western pubs and also offers more modern venues like underground speakeasies and craft bars that specialize in unique mixology. Ready to toast to good times? Read on to learn about some of the best bars in Colorado Springs.
Go Down The Rabbit Hole
Address: The Rabbit Hole, 101 N. Tejon St., Colorado Springs, CO 80903
Hours: 4 p.m. to 11 p.m. Daily
Considered to be one of the best-kept secrets in the downtown Colorado Springs
When homeowners plan carefully, kitchen upgrades can be a great investment. Many people assume that a costly kitchen overhaul brings the best return on investment (ROI), but sometimes, expensive projects can yield small returns. People who are looking for the best ROI often find minor kitchen remodels the way to go. When looking at the costs recouped, minor kitchen remodels yield up to 80% ROI, while high-end kitchen upgrades only yield between roughly 53%–57%. Modern and functional kitchens add enjoyment and practicality while giving a pleasant aesthetic. Read on to learn about five kitchen upgrades that boost home values without breaking the bank.
Quick Fix: Replace the Sink and Faucet
A new sink and faucet can easily transform a kitchen and