Gettin' Real: A Real Estate BlogGettin' Real: A Real Estate Blog


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Gettin' Real: A Real Estate Blog

Many people say they don't really feel like an adult until they buy their first home. It is a huge step. Rather than letting a landlord make all important repairs, you take on this responsibility yourself. You also get to build equity in the home over time, which can be a rather smart investment. At the same time, buying your first home can be a little intimidating. You may have questions about applying for a mortgage, setting a budget, and shopping efficiently. We hope to answer those questions with our helpful content. Your real estate agent is a good source of information, and so is this blog.

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Need Help Buying A Home On An OCONUS To CONUS Move? 3 Ways A Military Relocation Specialist Can Help

An exciting thing about a career in the military is the opportunity you have to live in different parts of the world. When you're stationed overseas, on an OCONUS move, it's generally best to stay in the military-provided housing. Yet, once you return stateside, on a CONUS move, most people want independence, so purchasing a home is a great option. Buying a home while you're stationed half-way across the world can seem frightening, but a military relocation specialist can help. 

1. Early Assistance

The process of finding, selecting, and buying a home while you're stationed overseas generally takes longer than when you're stateside, living in the area you want to buy. For this reason, it's often recommended that buyers in this situation begin the process several months, if not close to a year, in advance. 

Military relocation professionals are committed to helping service members and their families who are looking to buy a home right now or in the future. Often time, as soon as you receive your orders for the move, you should contact a relocation specialist. 

2. Area Research

Particularly if you are interested in purchasing a home at a duty station you have never been stationed at before, it can feel overwhelming to purchase a home sight unseen. Military relocation specialist help in this area. 

These professionals will gladly discuss your wants, needs, and dislikes when it comes to a home and community and use their knowledge to help you narrow in on the area that is best for you. From school districts with the best special education curriculum to communities with a strong military presence to homes within 5 miles of an interstate, there is no detail too small for these professionals to research.

3. Financing Guidelines

Relocation professionals also understand the financing guidelines that go into traditional mortgages, as well as VA home loans. One of these professionals cannot help you secure financing for your home loan. However, these professionals can use their expertise to help you ensure you are in the best position to obtain financing. 

A mortgage approval hurdle can be especially troublesome with this type of move, as you're more likely to miss out on the home of your dreams if you can't get quick financing. When you consider the fact that you will be returning from overseas and will need a place to stay right away, this is not the scenario you want to be in. 

Make sure you partner with a relocation professional to make your transition from an OCONUS duty station to a CONUS duty station as smooth as possible. 

For more information, reach out to a company like Becky Hancock Realty.