For veterans buying a home, there are a lot of components to consider: price, location, upkeep, etc. For some, the choice of house style is as simple as being “cute.” For others, it’s all about functionality.
The styling of a home is important to consider due to its potential impact on the financials, sociability and comfort of your home. And what styles have better resale values could mean a lot if you're expecting a PCS anytime soon.
So here's a rundown of some common styles and their perks and downsides:
Colonial revival houses are typically symmetrical looking homes with two to three stories. There have a sloping, triangular shaped roof with windows that jut outside the slope of the roof. Bedrooms stick to the upper levels while the bottom floor is used as common area.
Advantages:
Disadvantages:
Cottage-style homes are those characteristic brick or stone homes with steep, triangular roofs. A chimney is often found in the front while the interior rooms feature low, arched doors.
Advantages:
Disadvantages:
Shotgun homes can be found in the South and are quite popular in the New Orleans area. They’re characteristically narrow (no more than 12-feet wide) with rooms positioned in a straight line without any hallways. The kitchen sits in the back while the living room is in front.
Advantages:
Disadvantages:
The single-story ranch home is typically a minimalistic house style with a low-pitched roof. Large windows adorn the living areas with easy access to patios and porches.
Advantages:
Disadvantages:
The split-level ranch home features an entry that a person can either go up a small flight of stairs, or go down a separate flight. They contain three or more levels with the center level as the entry.
Advantages:
Disadvantages:
Perhaps the most characteristic aspect of the American Bungalow is its built-in cabinets, seating and shelves. Built for efficiency, the styling contains connecting rooms, and like the shotgun, does not contain hallways. The living areas remain on the bottom of the one and a half stories.
Advantages:
Disadvantages:
Answer a few questions below to speak with a specialist about what your military service has earned you.
VA disability pay for 2023 increased by 8.7%. The new disability compensation rates took effect on December 1, 2022. See the current VA disability pay charts, and calculate your monthly compensation.
Credit score requirements vary by lender. However, most lenders have similar criteria. Let's look at the minimum credit score for a VA loan and what lenders typically expect.