Homebuying Tips for Military Families
Among the many changes that joining the military brings, a frequent change in location is sometimes part of the territory. For families, moving often can make it difficult to feel settled in a home, or to even make the commitment associated with homebuying.
But if you’ve made the decision to buy a home, you deserve to feel confident in your choice. These tips can help!
Consider the likelihood of selling
Look for points that can influence selling point down the line. Is the house in a good school district? Are there modern appliances? Are there any structural issues? These are all qualifications you would want to look at anyway, but are particularly important if you’ll eventually need to sell.
Get familiar with the neighborhood
Looking for a home near base could be beneficial in that there will probably be other military families nearby that you will be able to relate to and rely on. Some communities even offer special resources through programs like Joining Community Forces, which brings local businesses and services together in support of military families.
Use your resources
There are a number of special resources available to military families interested in buying a home. VA loans, while not always feasible, can be extremely beneficial when used properly. An expert on the system can help military homebuyers work through the VA’s requirements process.
You will have to work with a VA appraiser, and not all homes meet the VA loan requirements, but it is absolutely worth it to look into and understand the resources available to you as a service member.
Ask around
It’s always beneficial to talk to other military families who have been through the process before. If you know anyone who has previously bought a home using a VA loan or other type of military assistance, ask them about their experience. What did they do right? What do they wish they did different?