• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer

US Military

  • Branches
    • Army
    • Navy
    • Air Force
    • Marine Corps
    • Coast Guard
    • National Guard
    • Air National Guard
    • Find A Recruiter
  • Find A Recruiter
  • Military Benefits
    • GI Bill
    • VA Loans
    • Military Scholarships
    • Military Friendly Colleges
    • Money
  • Jobs
    • Military Pay Chart
    • Veteran Jobs
    • Civilian Jobs
  • VA Loan Rates
  • Military News
    • Top News
    • Benefits
    • Careers
    • Education
    • Featured Columnists
      • Larry Fowler
      • Scott Ostrow
      • Kim Lengling
      • Dr. Sasha Toperich
      • Rick Stewart
  • USM Shop
  • GI Bill
  • VA Loans
  • Military Scholarships
  • Top Military-Friendly Colleges and Universities in America

Home Selling Difficulties

December 25, 2007 By admin

More and more families face major financial woes because they cannot sell their home. They head into PCS orders without being able to liquidate the home at their soon-to-be previous duty station. There is often no easy answer, but there is a series of steps, increasingly painful, that will provide some relief or may at least increase your chances of having your home sell. Knowing you are not alone, and that others are struggling with selling their home in what can be a brutal market is the first step.

So be willing to swallow hard and openly state what you think the problem is. My home is not selling despite various efforts I have made,? might be a good first statement. As you look at the options make a written list of pros and cons for each one. Here are some strategies:
Renting out your Home.

Do you know the right amount of rent for your home, in your area? Consider the write offs and depreciation and other factors as you think about the rent amount. Rent has to be competitive with other homes the same size and type in your area. Do your homework, and then talk to other landlords in your area to get ideas. Consider the advantages and disadvantages of using a rental agency to assist.

Lower your Price.
No one wants to accept less than they know they have invested in a home. But there comes a time where you realize that a mortgage payment, or the price of sitting empty while you are deployed makes accepting less money more attractive.

Family remains behind. But this is just a temporary fix, and normally only until the house sells. It is not a very viable fix for most families, but it can be an option. This is an option that increases the strain and stress on families and can be a real factor in lowering the price eventually.

Leave the Service
Sometimes if your house won’t sell at all, you have to look at the entire picture. For some people, retirement and seeking civilian employment is the answer. Is the next advancement or change of duty worth the upheaval that selling or moving brings? Such things are what should be considered and thought about when making a plan. Whatever you do, you do-not-want to default on your payments.

Often it may seem a short-term solution, but its not. If you have any type of clearance for the military, security clearance, they are often put in jeopardy if you default. So in a word, keep your obligations, don’t default.

Filed Under: Money, Updates

[related_posts_by_tax format="thumbnails" limit_posts="100" image_size="sidebar-thumbnail" public_only="true" posts_per_page="6"]

Primary Sidebar

USMilitary.com Career Guide

Sign up to receive USMilitary.com email updates and to hear what's going on with all military branches!

Featured Columnists

Larry Fowler

Larry Fowler is the publisher of USMilitary.com Network one of America's premier privately owned

Autobiography Compares Christian Living With Navy SEAL Training (BUD/S).

Scott Ostrow

Lt Col (Dr.) Scott A. Ostrow retired from the Air Force in September 2005 and has been teaching

Must Read: The Truth About The ASVAB Test Prep From The Man Who Wrote The Book

Kim Lengling

Kim Lengling is a Air Force Veteran whose passion is to help support veterans and their

The Moving Wall: Women Who Paid The Ultimate Price For Their Country

Dr. Sasha Toperich

Dr. Sasha Toperich is the Senior Executive Vice President at Transatlantic Leadership

Sarraj’s Dangerous Dance With Power

Rick Stewart

Rick Stewart is a former United States Air Force Survival, Evasion, Resistance, and Escape (SERE)

Announcing American Patriots Unsung Magazine

Nathan B. Nelson

Capt (ret) Nathan B. Nelson is the Director of Military Affairs for the 1st Congressional district

Three Critical Considerations for Every Veteran Prior to Leaving Active Duty

Laquan Daniels

Laquan Daniel is a military recruiting expert with over 17 years of specialized experience in the

Important News For Military Transitioning Veterans

Veteran Buzz

Hire Military Veterans

Which Companies Are Most Likely to Hire Military Veterans?

July 30, 2018 By Ben Ehinger

High-Paying Jobs for Military Veterans

5 High-Paying Jobs for Military Veterans

July 2, 2018 By Ben Ehinger

High Paying Jobs Not Requiring a Degree

June 28, 2018 By Ben Ehinger

Footer

  • Advertise With Us
  • Privacy Policy
  • Write For US
  • Link to Us

Recent

  • Autobiography Compares Christian Living With Navy SEAL Training (BUD/S).
  • Apache Attack Helicopter Pilot: To Maintain a Watchful Eye, “Above the Best”
  • Peering Into The Future: NATO 2030 Initiative Announced
  • What Military Branch Sees the Most Combat?
  • From Belarus “With Love”, Yet Again

Search

© Copyright 2021 USMillitary
Web Design by Goebel Media Group


THIS IS A PRIVATE WEBSITE THAT IS NOT AFFILIATED WITH THE U.S. GOVERNMENT, U.S. ARMED FORCES, OR DEPARTMENT OF VETERANS AFFAIRS. U.S. GOVERNMENT AGENCIES HAVE NOT REVIEWED THIS INFORMATION. THIS SITE IS NOT CONNECTED WITH ANY GOVERNMENT AGENCY.

​Tips
Discounts
News

​

​

Join the USMilitary.com Newsletter Today!

By subscribing you agree to our terms & conditions

x