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Buy Or Rent? A Guide For Military Families

Buy Or Rent? A Guide For Military Families

Finding a home as a military family can be a difficult task. The ever-present risk of relocation creates a unique home hunting situation. With that in mind, is it worth it to buy, or is renting the better option? If you and your family are in this situation, consider this guide when looking at new homes for sale.

What To Consider When Choosing Between Buying And Renting
Deciding whether to buy or rent a home for your family is a complicated decision, so it’s important to consider all possible factors. The following are some crucial factors to keep in mind.

    • Local Real Estate Market: Watch trends in the local real estate market to decide if buying is worth it and whether you will be able to sell when the time comes. If the housing market is doing well, you might consider buying. If not, renting may be the safer option.

 

    • Your Financial Stability: It’s important to be realistic about your financial means. You probably should not finance a home if you do not have the means to do so. But if you do, buying a home could be a wise investment.

 

    • Family Planning: If you know that you want to have more children or that you will be caring for an aging loved one in the near future, investing in a larger family home may be worth it. But if your family is fairly small and you are not sure whether it will grow, renting while you are stationed in a certain location could be more responsible.

 

    • Current Interest Rates: These rates tend to move in trends. When interest rates are high, mortgages generally follow. Work with a realtor to learn if current rates are feasible for you and your family.

 

  • Length Of Stay: While it can be difficult to know how long you will be in this location, it can also determine your housing situation. If you are in your final station or will be there for the foreseeable future, buying a home might be within your reach.

A Qualified Realtor Can Inform Your Decision
Having the right real estate agent on your side can be a highly valuable asset during your home hunting journey. This is especially true when the company has experience working with military families and veterans. A recent survey found that 78% of recent buyers found their realtors to be a useful source of information. By explaining your needs, expectations, and current situation to your agent, you can make your home hunting experience as smooth and successful as possible.

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JC

Veteran Owned & Operated. Real Estate Broker and Owner of Weichert Realtors, Corwin & Associates in downtown New Braunfels. We are a full-service real estate company that will save you time and money while providing the customer service you deserve. We offer a FREE no obligation market analysis of your home. We also can help you with your options on building your custom dream home. Whatever your real estate needs are, we can help you. I am also a member of the HOMES FOR HEROES program that provides additional savings as well. The Weichert Realtors, Corwin & Associates Team has sold over 44 Million Dollars of real estate in 2017 and is currently near the top of all real estate agents in the San Antonio & New Braunfels area in sales for the year. I have sold over 700 homes in the past sixteen years since retiring from the United States Air Force. I have also been a real estate investor for over twenty years. With an office in downtown New Braunfels to serve you, myself and our team are here to help you seven days a week. We also have a certified home stager and can get your home ready to sell. Our experience and money saving programs can help you make your best deal. ​ The San Antonio and New Braunfels area real estate market is very active. You need a real estate team that is aggressive, with experience and works 7 days a week. We pride ourselves with going above and beyond, while giving you something back in your pocket. Please call me anytime 7 days a week at (210) 792-8589. Have a great day and hope to hear from you soon. ​ Joe Corwin, Broker/Owner U.S. Air Force (Retired) Weichert Realtors, Corwin & Associates Cell: (210) 792-8589 Efax: 1-888-846-5630 See My Past Client Testimonials: /profile/BuyerRebate/Reviews?s1=0&s2=1 ​ /sitebuildercontent/sitebuilderpictures/zillow_premier-agent-lg.jpghttps:// /wp-content/uploads/2012/06/50mclublogo-small.png See My Past Client Testimonials: /profile/BuyerRebate/Reviews?s1=0&s2=1 "Home of the Buyer Rebate/List for 4.95%" cid:image003.png@01CF2FD0.37F17DB0

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