Military Relocation – Questions to Ask When You’re Involved in a Millitary Relocation
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Questions to Ask When You’re Involved in a Military Relocation

Takeaways

  • Buying a home is an option with a military relocation.
  • One advantage is your family becomes part of the local school system and community.
  • Ask yourself questions when deciding whether to buy, or not to buy.

Did you know?

  • What to do with the property when you are transferred is an important consideration.
Buying a home is an option to living on-base. While many military families choose to live on base, many others like the opportunity to become part of the local community and school system. If you’ve decided to purchase a home in your next relocation, be sure you start the process with the answers to the following questions:
  • Can we qualify for a mortgage loan to buy a home?
  • Is VA financing available if we qualify?
  • Do we have the money readily available for a down payment and closing costs?
  • How long is this military relocation assignment?
  • Will we keep the home when the next military relocation comes along?
  • Is the local real estate climate positive? Do homes in the area resell quickly? Are real estate property values on the rise, the decline or stable?

Learn More About Military Relocation and Real Estate

To learn more, explore the advice on Military Relocation in this section of our site and in our general advice on Buying a Home. You can also talk with a GMAC Real Estate Agent near your new Duty Station for professional and experienced advice about homes in nearby communities.