A military promotion is a great thing, especially when you have put in hard work and perseverance to get there. And with a military promotion, you can often get relocated to a new duty station with your new responsibilities, which will require you to relocate to a new city or state in your upward movement on your military career progression. Here are some tips to help you prepare for a successful relocation and get help with the right areas in your life where you need it.
Apply For Your Financing
As soon as you know you will be relocating, you can expect that you will need to find a new place to live in your new duty station location. You can always live in military housing, rent a place, or buy your own property and enjoy the benefits of real estate ownership. But before you can do so, you need to start at the beginning and apply for home financing with a lender of your choice.
Being in the military, you have many lending programs and broker assistance to find the right financing. Your loan approval is going to be based on your employment and income along with your credit history. Begin the approval process and get pre-qualified to find out your maximum loan amount and any down payment requirements so that you can begin to look at the selection of properties for sale at your new location.
Arrange For Relocation Assistance
Another benefit of the military is a relocation assistance program to help you through the process from beginning to end when you arrive at your new duty station and pick up your new home's keys. Talk to a relocation specialist in your current duty station to begin the process and get help finding a real estate agent in your new area of work.
Hiring a real estate agent that is experienced with properties and their prices in your new location is the best way to find the right areas to begin searching in. They can give you parameters of specific neighborhoods that are within the best schools for your children, for example. They can also advise you on neighborhoods that include homes on large lots and big backyards. Or, if you want a home that is on the outskirts of town in a rural area, they can help you establish the right search area for a home.
With these tips, your military relocation agent can help you get on the pathway of planning and carrying out your next relocation move.
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