Defending Your Home

By InCharge Debt Solutions

Defending Your Home is designed for service members, veterans and their families to help with navigating the special housing challenges faced by those who serve. Owning a home has long been the American Dream, but with frequent moves and deployment, is this dream attainable for the military? What about VA loans? How can a service member protect his or her home from foreclosure action while deployed? These and more questions are answered in this guide, which provides helpful tips, real-life examples of sustainable military home ownership, and a robust resource guide for those needing more information.

• Language: English
• Publisher: InCharge Debt Solutions
• Release date: May 23, 2013
• ISBN: 9780985799342

InCharge Debt Solutions

Founded in 1997, InCharge® Debt Solutions is a leading 501(c)(3) non-profit, community-service organization offering confidential and professional credit counseling, housing counseling, debt management, bankruptcy education and general financial education to individuals seeking options to manage credit card debt and consolidate debt.

Book preview

Defending Your Home

Published by InCharge Debt Solutions at Smashwords

Copyright © 2013 InCharge Debt Solutions

This guidebook is a compilation of articles by various authors intended to help military service members establish and maintain affordable housing. All rights reserved. No portion of this book may be reproduced – mechanically, electronically, or by any other means, including photocopying – without written permission of the publisher or the author of the article.

Requests to the publisher for approval should be addressed to:

Administrative Department, InCharge Debt Solutions

5750 Major Blvd., Suite 300, Orlando, FL 32819.

Disclaimer: This compilation of articles is intended to provide general information relative to a military service member’s housing and reflects only the opinion of the author. It is presented with the understanding that the author, publisher, and publisher’s agents are not engaged in rendering legal, investment, accounting, or other professional services; and this book is not a substitute for such services. If legal advice or other expert assistance is required, the services of a competent professional should be sought. The information, methods and techniques described in this book may not work for you. If you need advice tailored to your particular financial or legal situation, please contact a licensed attorney, accountant, or financial advisor. Please note that federal, state and local laws change often and the current state of the law may not be reflected in this book. The author, publisher, and publisher’s agents make no warranties with respect to the information contained herein and assume no liability or responsibility to any person or entity in connection with any loss or damage whatsoever caused or alleged to be caused, directly or indirectly, by such information. There are no warranties as to the results that may be obtained from using this guidebook or the information contained therein. While every effort has been made to verify the accuracy of all content contained herein, there may be errors (typographical, mathematical, or in content).

Cover Design & Book Layout by: Devin Joy

All logos, trademarks, services marks, images and copyrighted words and/or titles used in this guidebook remain the intellectual property of their owners and are used with permission. The Options to Keep Your Home section is provided courtesy of Freddie Mac.

Smashwords Edition, License Notes

Thank you for downloading this free ebook. Although this is a free book, it remains the copyrighted property of the author, and may not be reproduced, copied and distributed for commercial or non-commercial purposes. If you enjoyed this book, please encourage your friends to download their own copy at Smashwords.com, where they can also discover other works by InCharge Debt Solutions. Thank you for your support.

www.incharge.org

DEDICATION

This book is dedicated to the men and women of the U.S. Armed Forces and Reserve, active and retired, and their families who selflessly sacrifice for the security of our nation.

May this book help you establish and maintain your own personal and financial security through sustained homeownership.

Table of Contents

You Defended Our Country, Now Defend Your Home

President’s Message: There’s No Place Like Home

Housing: Assessing Your Options: Living On or Off-Base:

Living On or Off- Base Which is Right For You

Your Home: 3 Price Tags That Matter Most

Is Home Ownership Compatible with PCS-ing

Financing Your Home

Are You Credit Worthy?

When Bad Things Happen

The Pros and Cons of a VA loan

Preserving Your Home

Servicemembers Civil Relief Act

Homelessness in the Military

How You Can Prevent Foreclosure

Protecting Your Investment

What it Takes to be a Successful Military Landlord

Choose and Use Smoke Alarms Wisely

Military Resource Directory

About The Authors

You Defended Our Country, Now Defend Your Home

It’s so disheartening when I hear stories of our nation’s service men and women, our veterans and their families who face housing difficulties, whether it’s determining whether you can afford your first home or