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The Water Cooler
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Buying first house, stationed at Altus AFB. HELP!
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<blockquote data-quote="SMS" data-source="post: 3121669" data-attributes="member: 42"><p>Only advice I have is to buy something that fits in the price range of the average GI so it will be attractive for resale to that military market if you ever move. Altus isn't going anywhere anytime soon so there will always be a market for decent homes. </p><p></p><p>As long as you aren't in training status down there, I think you are smart to buy. The military has toned down it's involuntary reassignments over the years in an effort to cut spending. It's not uncommon at all for guys to stay at the same CONUS base for 5+ years unless they volunteer for overseas duty. Even then, you could draw a remote tour and your family can stay put at Altus while you are gone, which extends out the feasible time in that home. I moved around a lot voluntarily so I didn't buy a home until the last 5 years of my career but I knew several folks who ended up with 1 or more investment homes all around the country courtesy of Uncle Sam.</p><p></p><p>Definitely shop around for mortgages, find the best deal you can and then go ask someone else. It's very competitive...oh yeah and "Rocket Mortgage" sucks. We almost went with them and found a much better deal.</p></blockquote><p></p>
[QUOTE="SMS, post: 3121669, member: 42"] Only advice I have is to buy something that fits in the price range of the average GI so it will be attractive for resale to that military market if you ever move. Altus isn't going anywhere anytime soon so there will always be a market for decent homes. As long as you aren't in training status down there, I think you are smart to buy. The military has toned down it's involuntary reassignments over the years in an effort to cut spending. It's not uncommon at all for guys to stay at the same CONUS base for 5+ years unless they volunteer for overseas duty. Even then, you could draw a remote tour and your family can stay put at Altus while you are gone, which extends out the feasible time in that home. I moved around a lot voluntarily so I didn't buy a home until the last 5 years of my career but I knew several folks who ended up with 1 or more investment homes all around the country courtesy of Uncle Sam. Definitely shop around for mortgages, find the best deal you can and then go ask someone else. It's very competitive...oh yeah and "Rocket Mortgage" sucks. We almost went with them and found a much better deal. [/QUOTE]
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The Water Cooler
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Buying first house, stationed at Altus AFB. HELP!
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