https://realtybiznews.com/military-families-real-estate/9872814/ With the latest on mortgages, refinancing, & home tips Sun, 29 May 2011 11:06:06 +0000 hourly 1 http://wordpress.org/?v=3.1.1 https://realtybiznews.com/military-families-real-estate/9872814/#comment-11357 Mike Wheatley Thu, 26 May 2011 17:53:25 +0000 https://realtybiznews.com/?p=2814#comment-11357 You have my sympathies Ann, sounds like you've had a pretty rough deal. You have my sympathies Ann, sounds like you’ve had a pretty rough deal.

]]> https://realtybiznews.com/military-families-real-estate/9872814/#comment-11353 Ann44 Thu, 26 May 2011 16:46:48 +0000 https://realtybiznews.com/?p=2814#comment-11353 We had been living this for 3 years. My husband had to move on to Texas without us because we couldn't unload our home. (Purchase 5/2005)Nor could we rent it for what the mortgage payment was. To foreclose meant losing his security clearance. His rank prevented him from acceptance of government funds. So, we held out during the 3 year assignment thinking he would get back to us. Wrong! He was deployed to the Middle East next. Four years we've been living apart and the financial loss is around 65K from his apartment rent & COLA decrease. (not counting airplane tickets to fly home 3 times a year)Now the budget cuts have eliminated him and 4K other personell and we may end up losing the house anyway because he can't find a job in this economy. Looking back, I wish we had never bought a home. We would have never lost 65K cash nor what we'll lose when our house is eventually taken from us. 26 years honorable service and this is how we end up in our 50s. Unbelievable. We had been living this for 3 years. My husband had to move on to Texas without us because we couldn’t unload our home. (Purchase 5/2005)Nor could we rent it for what the mortgage payment was. To foreclose meant losing his security clearance. His rank prevented him from acceptance of government funds. So, we held out during the 3 year assignment thinking he would get back to us. Wrong! He was deployed to the Middle East next. Four years we’ve been living apart and the financial loss is around 65K from his apartment rent & COLA decrease. (not counting airplane tickets to fly home 3 times a year)Now the budget cuts have eliminated him and 4K other personell and we may end up losing the house anyway because he can’t find a job in this economy. Looking back, I wish we had never bought a home. We would have never lost 65K cash nor what we’ll lose when our house is eventually taken from us. 26 years honorable service and this is how we end up in our 50s. Unbelievable.

]]>