Home Ownership Smart Military Money

  • Using VA Benefits to Refinance Your Mortgage

    Using VA Benefits to Refinance Your Mortgage

    A lot of financial advice in the housing market is given to those looking to buy or sell their homes. But what if you’ve already bought your dream home and still want to stay financially savvy? One option you may have considered is refinancing. The prospect of a lower rate or re-extending to a 30-year-mortgage may be appealing, but the perceived hassle of essentially re-buying your home deters many of the homeow…

  • This Eco-Friendly Mom Has Saved $113,000. Here's How She Did It

    This Eco-Friendly Mom Has Saved $113,000. Here’s How She Did It

    We've all seen "going green" become an increasingly popular trend in recent years. Whether that means recycling, buying an eco-friendly car or conserving energy, environmental consciousness is important for the planet and for our resources. But what you might not know is that it can be important for your wallet, too. You could even save up to $113,000. Many people think of going green as a costly endeavor. Althoug…

  • From Holiday to Everyday: Upcycling Christmas Items Into Year-Round Decor

    From Holiday to Everyday: Upcycling Christmas Items Into Year-Round Decor

    How long do you leave your decorations up after the holidays wrap up? For many households, the social stigma of being one of those people (the ones who leave their tree and all the trimmings up long past Christmas) creates pressure to take things down as soon as the new year begins. Sometimes it can feel like you're pulling stuff down almost as soon as you get it put up. With just a little bit of editing and s…

  • 9 Household To-Dos Before Going on a Trip

    9 Household To-Dos Before Going on a Trip

    With the holidays coming up, chances are you may be planning a trip to visit family. Whether you’ll be gone for just a few days or more than a week, there are some household ends you should be sure to tie up before you head out to keep your home safe and save money. 1. Mail Rather than bother your neighbors or extended family to pick up your mail every day, the U.S. Postal Service will hold your mail …

  • Capital One Pays $12 Million to Servicemembers to Settle SCRA Violations

    Capital One Pays $12 Million to Servicemembers to Settle SCRA Violations

    Back at the end of July, the news broke that Capital One would be paying $12 million to service members and their families to settle serious claims of wrongful foreclosures that violated the Servicemembers Civil Relief Act. The settlement is a reminder to the military community to stay active in checking that protections like the SCRA are enforced at every level. What Happened? Capital One was accused of…

  • How Much Does Your Commute Cost?

    How Much Does Your Commute Cost?

    With ever-expanding suburbs and a difficult job market, long commutes are becoming a normal part of American life. Although long commutes aren’t uncommon, they are costly in numerous ways that should be considered before accepting a distant job, getting that house an hour from work or deciding to live off-base. Why We Commute According to a Census study in 2009, the commute time of the average American w…

  • New Law for Military Homeowners Allows More Options to Refinance

    New Law for Military Homeowners Allows More Options to Refinance

    On May 18, new legislation passed the House as part of the 2013 National Defense Authorization Act (NDAA) that would grant military homeowners the ability to refinance their mortgages even if they do not live in the residence at the time. Thousands of military members have experienced the headache of being forced to PCS or deploy without being able to sell their home. The Fairness for Military Homeowners Ac…

  • 5 Tips for Hiring a Contractor

    5 Tips for Hiring a Contractor

    Add increased confidence in the economy to the beginning of summer, and you have a lot of people thinking about home improvement projects. If you're not a carpenter or weren't lucky enough to score a Handyman-in-Law, you're probably going to hire this project out. Contractors can be a great way to get a job done right, on budget, and keep your weekends free. Still, everyone's heard horror stories about the door th…

  • Would You Pay Off Your Mortgage Early?

    Would You Pay Off Your Mortgage Early?

    It makes sense to pay off debt early, right? It seems everyone is preaching that you should pay down credit cards, loans and anything else hanging over your head as quickly as possible to gain financial freedom and security. That is generally a solid plan, especially when it comes to credit card debt, but should that same principle apply to mortgages as well? Paying off your home loan early can have its advanta…