Selling Your Home Archive
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Four Last-minute Tips to Sell Your Home
Selling a home is never easy - and if you have to sell by a certain deadline then you could really be hurting your chances of selling for a good price, or selling at all. Most often people don't need to operate within a certain time frame, unless they already have another place to live. But if you're living the military life then you know timing isn't something you always have control over. Luckily, there are a few last minute things you can d... more
Bill Expands Mil Homeowners Assistance
Military homeowners who must sell their primary residence as a result of PCS orders or because of injury or death of a servicemember and suffer financial loss on the sale could receive monetary assistance through the newly expanded Military Homeowners Assistance Program (HAP). Legislation passed in February 2009 as part of the American Recovery and Reinvestment Act (ARRA) provides $555 million to expand HAP benefits. HAP benefits were previou... more
Feds: Mortgage Servicers Still Violating Military Families' Rights
Military.com | Nov 28, 2011
Mortgage servicing companies regularly deny requests for help from military families, a violation of federal rules, according to a recent letter by the Federal Housing Finance Agency.“[S]ervicers are telling service members they cannot receive any assistance unless they are delinquent on their mortgage,” according to a letter sent to members of Congress by Edward DeMarco, the agency’s acting director. “This position runs counter to explicit gu... more
When You Can't Sell Your Home
Joe Gladden | Oct 18, 2007
You've had PCS orders for several months and put your house on the market, but it hasn't sold. This is not a new problem, but more military families face this very stressful situation in today's soft housing market. I have been there more than once during my career. While there is no definitive answer to this dilemma, we will offer some strategies for this issue.Getting past the frustration of not selling your home is the first step. Once you ... more
Understanding Your Home's Market Value
Joe Gladden | Jul 10, 2007
Frequently, sellers and buyers, and even their Realtors ?, confuse the terms ?assessment,? ?appraisal,? with the actual ?market value? of a home. For instance, a buyer considering a home that is listed for $300,000 will research the public tax records and note that the ?tax assessment? is only $250,000 and concludes that this must be the ?market value? of the home. The buyer then constructs his offer accordingly only to be disappointed when th... more
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Paycheck Chronicles
Military Pay Can Seem Wacky
One of the hardest things to understand about military pay is that while it is paid twice a month (usually), it is calculated on a monthly basis. Back in the dinosaur ages, military pay was paid one time per month. At the end of the month, the finance folks would calculate everything due for the [...]
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