How long do you plan to be there? AS TM said, an RV or rental house is probably going to serve you best in the long run if your there less than 5 years or so. It could take 3-5 years to recoup your closing fees.
How long do you plan to be there? AS TM said, an RV or rental house is probably going to serve you best in the long run if your there less than 5 years or so. It could take 3-5 years to recoup your closing fees.
This will let you know how often I ate there. When the owner/cook would see my vehicle pull up she would start my burger w/out me having to order. I had not been there in 2.5 yrs and still did not have to order. They got it right even down to the side of mustard for my tots w/cheese.Never met a burger I didn’t like. I’ll check it out.
I can recommend a great person that deals with VA loans, and bust his butt to get you the best deal. He took me from a 30 year %8 to a 15 year %4. He is physically located in WA, but he can help nationwide. He will be the one I deal with when I get to OK.
That's kinda what I suspected about the market there but I didnt have the first hand experience or facts I've just always heard to rent in a military town if your military and not staying.I bought a house in Altus in 1988 and still live here. I am a retired LTC USAF.
Altus is full of houses people bought new 4 to 5 years ago for 30yr, nothing down, roll in the closing costs, builder incentives, etc.......and they are so far underwater they can't afford to sell at the current market for a used house. Go new house VA, 30yr, etc, and in 4 to 5 years you too will be stuck with a house you can't afford to sell. Why? All the newbies will be buying new houses with nothing down, etc.
My advice if you really want to buy a house in Altus is to go to the Red River Federal Credit Union Here, look at a 20% down loan for 15yr and see what you can afford to buy that way.
If you can't afford to buy that way, then RENT and walk away even when you move. You aren't going to make a dime in Altus paying on a 30yr mortgage for 5 years and then moving, IF YOU CAN SELL IT AT ALL. A friend ignored my advice and just sold a house after three years setting empty, then then dropping the price, losing all the closing and interest.
I bought a house in Altus in 1988 and still live here. I am a retired LTC USAF.
Altus is full of houses people bought new 4 to 5 years ago for 30yr, nothing down, roll in the closing costs, builder incentives, etc.......and they are so far underwater they can't afford to sell at the current market for a used house. Go new house VA, 30yr, etc, and in 4 to 5 years you too will be stuck with a house you can't afford to sell. Why? All the newbies will be buying new houses with nothing down, etc.
My advice if you really want to buy a house in Altus is to go to the Red River Federal Credit Union Here, look at a 20% down loan for 15yr and see what you can afford to buy that way.
If you can't afford to buy that way, then RENT and walk away even when you move. You aren't going to make a dime in Altus paying on a 30yr mortgage for 5 years and then moving, IF YOU CAN SELL IT AT ALL. A friend ignored my advice and just sold a house after three years setting empty, then dropping...and dropping... the price, losing all the equity, closing and interest.
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