The armed forces are constantly moving their personnel all over the globe, and that means uprooting their immediate family and moving them as well. Fortunately, over the years Realtors in each community has hosts a military post have become familiar with how the Army, Navy, Marine, and Air Force handle the housing needs of their single and married service members. All family’s have ample time to prepare for their next move, but many are not aware of the real estate professionals that can help smooth out the entire process, and help them find a rental home, or apartment that fits their current B.A.H. (basic allowance for housing rates).
Many service members do not realize their entire benefit package while serving their country, never even know that they can actually own a home in their posted city or town, instead of just giving all their money to a landlord. He or she can actually be approved for a VA loan. Usually a non-commissioned officer of E5 or higher will have an allowance that will more than cover a single family home mortgage with a little to spare. If both spouses are currently in active duty status their housing allowance almost doubles, and will help take of other monthly expenses, like utilities, landscaping, and other incidentals that comes with being a homeowner. The key is to start contacting military relocation experts as soon as the orders come down for the next deployment or transfer.
The rental market is not quite a buyer’s market as people seeking to actually purchase their own home, and it is imperative to give your agent as much time as possible to find the home or apartment that is a good fit for you and your whole family. They will scan the local MLS listings for your living requirements, as well as their own in house inventory of properties available to choose from that their agents have posted. The can send you new listings as they become available, and if possible you and your spouse can plan one or more day or weekend trips to the new area to tour the properties that have been suggested by your real estate firm representing you. This of course is all contingent of having a good credit score, and history, plus an impeccable rental history. Recently One of the three major credit report bureaus has started including consumer rental history as a part of creating more value for the reports that they sell. Be open and completely honest with an agent before trying to engage their services. This will prevent wasting the time of everyone concerned.