Renting for a Military House - How to make a decision?
Renting
for a Military House – How to make a decision?
To
live in military family housing, you must be living in the house with
your dependent. There are exceptions for those who are temporarily
deployed, or who are serving a remote overseas tour. In these cases,the family members can continue to live in military family housing,
while the member is away.
In
the military rental homes.
Members
who are assigned to locations where dependents are not allowed to
travel at government expense (such as basic training, and some
unaccompanied overseas assignments) can live in the barracks for
free, and still continue to receive the housing allowance (for the
location of their dependents), in order to provide a household for
their family members.
Advantages
for Military Rental Housing in US:
1.
No responsibility for maintenance or repairs:
As
a renter, you’re not responsible for military
home maintenance or repair costs. If a toilet backs up, a pipe bursts, or
an appliance stops working, you don’t have to call an expensive
repair person – you just have to call your landlord or
superintendent.
2.
Relocating is Easier:
When
you rent, relocating
for work is easier, less time-consuming, and potentially less costly.
That’s why renters who change jobs often typically rent until their
professional lives stabilize. Though a sudden move may require you to
break your rental lease, you can partially or fully offset the cost
of doing so by subletting your apartment or negotiating with your
landlord.
3.
No Exposure to Military Real Estate Market:
Military
Home values fluctuate in response to changing economic conditions, and can
decline over time. If you’re a renter, that’s not your problem –
it’s your landlord’s.
4.
Credit Requirements generally less strict:
Although
most landlords require prospective military
renters
to undergo a credit check, this is typically a zero-sum proposition.
Your application is either approved or denied based on your credit
score and credit
history.
As long as you don’t have a checkered credit report that includes
bankruptcies
and judgments, you’re likely to find a landlord willing to rent to
you.
5.
Some Utilities may be Included:
Many
multi-unit building owners cover the cost of most or all utilities,
including non-essentials such as cable television. The practice is
less common, but definitely still possible, in smaller buildings like
duplexes and single-family military
homes.
By contrast, homeowners have to pay full utility costs, sometimes
several hundred dollars per month, depending on dwelling size and
usage.
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