NAS Military Transfers-Hope for Selling Your Home
By Liz Landry
(The Landry Team-Keller Williams Realty)
As many of you know the DOD (Department of Defense) has been looking for a solution for all of the Military folks who have received orders to move, and are now upside down on their homes. Being upside down on your home is an issue for any homeowner when their job decides to leave the area. This gives the average homeowner two main choices to avoid foreclosure.......rent out the house, or short sale the property. This presents a HUGE issue for military families. Why you ask? When you short sale a home it does effect your credit. Now it effects everyone different but if you've already got so-so credit a short sale could put you into a credit status of distress. This can change security clearance for military personel. BIG PROBLEM when you are required to have certain security clearance t...
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