This content is provided courtesy of USAA.
Overspending and inadequate research are the two most common mistakes when moving to a new home, according to USAA and Sandee Payne, author of "That Military House: Move It, Organize It & Decorate It®."Nearly 40 million Americans move each year1, including more than half a million active military personnel. Following is a list of the seven most common mistakes families make when they move, based on Payne's experience as a military spouse who frequently moves.
"Moving your family can be overwhelming, but technology and timely advice can be the ace up your sleeve," saysPayne. As a military spouse who has moved all over the world seven times in the first 10 years of her marriage, at times on her own and with children while her husband was deployed, she advises that, "Military families often move to cities they've never visited. I learned that it's about finding a place that fits your family's lifestyle with minimal disruption. It's critical to have online tools and resources you trust, placing you in control of your move."
To help take some of the stress out of relocation, USAA's Home Circle™ provides members access to detailed information about real estate financing and insuring, as well as research, through a computer, iPhone® or Android™ regarding homes, rental properties, schools, local amenities, military bases and more. In addition, USAA members can get up to $3,100 when they buy and sell their home through the USAA's MoversAdvantage® real estate assistance program.
"At USAA, we're committed to helping our members with the entire moving process. We strive to understand and anticipate our members' needs and provide innovative solutions that make their lives easier. That's why we created Home Circle — a free program that guides members through making one of their largest financial decisions," says Rich Novak, USAA Home Circle assistant vice president. "Since our members move frequently, they can turn to Home Circle to help them find, finance, insure and even rent a home."
And according to a recent survey by USAA, 34% of consumers agree with Payne. They would prefer to search online for a new place to live, compared with 10% who would use newspapers or other printed materials.
For more moving tips, watch this related video on Spousebuzz and this USAA video, and download the PCS checklist to make sure you're on top of everything during your move.
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On 29 September 2014, the Federal Register published a proposed rule titled Limitations on Terms of Consumer Credit Extended to Service Members and Dependents. In this proposed rule, the Department of Defense (DOD) hopes to extend the current restrictions on how much interest military members and their dependents can be charged when they borrow money. This […]