While selling a home can be the start of a new chapter in life, fast-paced military owners' moving timelines can push people to make hasty decisions during the selling process. Whether moving into a retirement community, upgrading to a new home, or buying a home while on active duty, several challenges during a home transaction can postpone those plans.
Delays and postponements can easily lead to making rushed decisions and mistakes. Keep reading to learn about some of the most common pitfalls veterans and current military members experience during their home-selling processes.
For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.
Peterson Space Force Base (SFB) is a U.S. military site located in Southeast Colorado Springs, Colorado. Formerly known as Peterson Air Force Base (AFB), the area is home to the 21st Space Wing of the U.S. Air Force.
Peterson SFB has approximately 8,750 active military personnel. Service members that move to Colorado Springs are often looking to purchase homes near Peterson AFB. Fortunately, the communities surrounding the base include access to the best of what the Colorado Springs real estate market has to offer. Keep reading to find a complete overview of the best places to live near Peterson SFB.
Every season, people who buy homes in Colorado Springs can find plenty of fun things to do. To wrap up the fall season and welcome in winter, the town hosts an array of events and festivals in November. As the weather cools down and the snow starts to fall, excitement abounds in Colorado Springs. Looking for the best November events in Colorado Springs? Read on to learn about a few events that definitely deserve a place on the calendar this November.
Glide and Slide at the Snowbound Festival of the Rockies
Those willing to drive a short distance to Denver have the opportunity to experience the wintery wonderland of wonders at the Snowbound Festival of the Rockies. Once known as the official Colorado Ski & Snowboard Expo, this immersive festival
Buying or selling a home is stressful enough for civilians, but there's an extra level of complication for military personnel. They may have to make a decision and close a deal on short notice. If they're buyers, they may not know much about their new community. They don't know how long they'll live in their new home before the next PCS.
If buying a home while on active duty, the buyer might not even be in town for open houses, the VA-approved inspections, and all the essential activities that lead up to a home sale. That's why they should strongly consider working with a Military Relocation Professional (MRP) such as the Military Home Search team. Keep reading to learn how MRPs can help military homebuyers.
As plans come together for a permanent change of station (PCS), military members are faced with making housing decisions. There is no one-size-fits-all answer to this question as everyone's circumstances are different, but there are definite situations when it makes the most financial sense to buy instead of rent. Keep reading to learn why it's sometimes better for active-duty military members to buy a house instead of renting one.
For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.
Renters Are Already Paying a Mortgage; It Just Isn't Theirs
Military individuals or families who rent homes are already essentially paying a mortgage—they're paying off their
One of the few certainties in military life is frequent moves, often with little notice. When it comes time to go to a new location, many military members will choose between having the government handle the move or doing it themselves. Many are drawn to a do-it-yourself (DITY) move because the government will pay you to handle the move yourself. But, the move itself can be complicated, and there are many potential drawbacks to consider. Keep reading to compare and contrast DITY moves and government moves.
Things to Know About DITY
Do-it-yourself (DITY) moves are now known as personally procured moves (PPM). However, DITY is still used colloquially. Many people are drawn to the idea of managing their move because they think that, financially,
Many people have the luxury of time when buying a house, but active-duty military members sometimes have to make a quick decision. Whether having recently joined the military, having years of service, or getting ready to retire, purchasing a home can be a great investment, but it can also create some challenges when getting deployed at a moment's notice or a permanent change of situation arises. Considering investing in a home at a new duty station? Or perhaps separating from service and looking to settle down? Keep reading to find five things first-time military home buyers should know.
For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.
Deciding whether to buy a home is not an easy task, even for civilians. Can they afford it? Is it what they really want? Are they ready for the gigantic financial commitment?
With the ever-present chance of a PCS and all the uncertainties of military life, the decision to buy a home can be even more challenging for active-duty military personnel. Wondering if it's the right time to buy a home? Keep reading to find six factors to consider before buying a home while on active duty.
For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.
How to Budget for a Home While on Active Duty
When interest rates are low, and prices are rising, there's a temptation to
Homebuying is exciting but can get complicated, especially for military service members who have unique needs and circumstances when purchasing a property. The buying process for military members is quite different than it is for the average homebuyer. Working with a knowledgeable military real estate agent can differentiate between a rocky experience and a seamless one. Are you an active-duty military member or a veteran seeking to buy real estate? Keep reading to find three reasons to work with a military real estate agent.
For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.
Military Real Estate Agents Understand Active Duty Timelines
When fall arrives along with the spookiest month of the year, locals around the city of Colorado Springs have many annual events to consider. From arts festivals to 5K runs, Colorado Springs has plenty of events that welcome the season. Read on to learn about Colorado Springs events in October that draw locals and tourists alike to the Pikes Peak Region.
Colorado Springs Arts Month
During October, the arts abound throughout the community and the Colorado Springs area. Local talent is showcased alongside cross-sector collaborations from around the nation. Colorado Springs Arts Month aims to celebrate local artisans and encourage people to get out and have a culturally inspired experience during October.