Tag Archive | military bases

Veteran and Active Duty Military Home Buying help DC MD VA

Are you planning to relocate, PCS, or TDA to the DMV area DC, Maryland or Northern VA I can help you buy a home or sell.   If you are Active Duty and will be stationed at the Pentagon, Fort Belvoir,  Quantico, or Fort Meade or any Governent facilities we are ready to assist you with your real estate needs.   Start here today DMVRealEstateChick.com

Home Buyers Marketing II Inc

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Military Pay Increase 2017 BAH and basic pay VA loan buyers

If you want to know what changes have been approved for Military Families for 2017. Pay attention to the base pay and basic allowance for housing changes.  

On December 8, 2016, the full Senate passed the final conference report for the 2017 National Defense Authorization Act by a vote of 92 to 7. The bill will now move to President Obama for final signature. If approved by the President, the 2.1 percent pay raise for 2017 will become effective January 1, 2017.

Military pay will see a 2.1 percent increase for 2017, compared to 2016 levels. The military pay tables below apply to active members of the Navy, Marines, Army, Air Force, and Coast Guard.

The calculator above (and related tables below) reflect 2017 monthly pay based on the 2.1 percent pay raise, which is effective as of January 1, 2017. This pay increase will be reflected in the January 15 paycheck.

The 2017 Basic Allowance for Housing (BAH) rate has increased on average by 2.4% or approximately $41 per month, according to a Defense Department news release. The new BAH rates will take effect on January 1, 2017 and service members will see their first increase on their January 15th pay.

 

The overall rates are based on area- areas such as Washington DC and Northern VA will have a higher allowance than areas in Hampton Roads and Virginia Beach. To find your area go to http://www.militaryrates.com/military-pay-charts,  But the litlle increase can still help those thinking of using their VA home loan benefit.

 

also BAH Update 12/11/16: Congress has agreed to not reduce the Basic Allowance for Housing benefits for new entrants beginning in 2018. The language originally called for only covering what service members actually pay in rent.  

Read more: http://militarybenefits.info/2017-bah-basic-allowance-for-housing-rates/#ixzz4TV4BeZCG

 

by DMVRealEstateChick.com

Best Reason to move to Virginia Beach

Another great reason to move to Virginia beach it was rated The Best Run City!!!!

 24/7 Wall St. ranked 100 cities from the best to the worst run.  Virginia Beach
The best-run city is Virginia Beach, Va. The worst-run city ranked
100 was Miami, Fla.

Virgina Beach was found to rank high in having a low poverty rate, steady

employment levels, and scored high in how  the city’s debt was managed.

Stats VIA 24-7.com

1. Virginia Beach, Va.

  • Violent crime per 1,000 people: 1.88 (8th-lowest)
  • Poverty rate: 7.5% (3rd-lowest)
  • Adult population that graduated from high school: 93.1% (5th-highest)
  • Credit rating: Aaa (negative outlook)
  • Population: 439,172

Hampton Roads Southern VirginiaVirginia Beach is, by our measurement, the best-run city in the U.S. Located on the eastern shore of Virginia, the city is one of the most prosperous in the country. Out of the 100 largest cities, it has among the 10 lowest rates of violent crime, unemployment, and poverty. It’s also among the 10 best for median income, high school graduation and health insurance coverage. Moody’s listed Virginia Beach’s three main strengths as a “large and diverse tax base stabilized by the presence of military bases,” the city’s “strong and carefully managed financial position” and “comprehensive financial policies and conservative budgeting approach.” The city’s credit rating is a perfect Aaa.

 

Are you convinced and ready to relocate?  Then contact me today!!!!

THE HAMPTON ROADS REAL ESTATE LADY!

Call me to buy a home in any Hampton Roads area: Norfolk, Virginia Beach, Chesapeake, Portsmouth, Suffolk, Newport News, Hampton, Williamsburg, and now serving York County and the Peninsula.

“I can dream alone, build alone and strive alone, but true        The Hampton Roads Real Estate Lady!

success always requires the help and support of others.

Please send me your referrals.”

 

Visit my website today,

The Hampton Roads Real Estate Lady!

Deandrea “Dee Dee” Jones

Associate Broker / Recruiting Sales Manager Peninsula

Blu Skyy Realty   Virginia Beach, VA

http://DJonesRealEstate.com

djoneshomes@gmail.com

 

 

 

 

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VA homebuyers attention changes to VA Home loan

VA loan

If you are a veteran, active duty, or a reservist prospective home buyer. Listen up Dept of Veteran Affairs has announced new changes. According to update 26-11-12 the change will affect the funding fee.

The funding fee is the amount due up front or can be financed into the loan amount on a VA Loan. The purpose of this fee is to act as a mortgage insurance for VA lenders and is intended to enable the veteran who obtains a VA home loan to contribute toward the cost of this benefit. The benefit of using a VA loan versus an FHA loan is there is no monthly mortgage insurance premium paid. This can make a monthly payment on a VA loan significantly less. Interest rates are still at record lows and sales prices are very reasonable. If you are ready to buy or want to hear more about loan programs contact me today!

Fee Changes

a. For loans closed on or after October 1, 2011, the fee for 1st time us is going down to 1.4% with 0 down on subsequent use loans with

less than 5 percent downpayment and subsequent use regular refinance loans

will be 2.8

percent for both active duty Service members, Veterans, and persons qualifying based

solely on service in the Reserves or National Guard. This change is due to passage of

Public Law 112-26, Restoring GI Bill Fairness Act of 2011.

Reserves and national guard will pay 1.65% with 0 downCall me to buy a home in any Hampton Roads area: Norfolk, Virginia Beach, Chesapeake, Portsmouth, Suffolk, Newport News, Hampton, Williamsburg, and now serving York County and the Peninsula.

“I can dream alone, build alone and strive alone, but true success always requires the help and support of others. Please send me your referrals.”

Visit my website today, The Hampton Roads Real Estate Lady!

Deandrea “Dee Dee” Jones

Associate Broker

Blu Skyy Realty Virginia Beach, VA

deedee@bluskyyrealty.com

http://DJonesRealEstate.com

djoneshomes@gmail.com

Military Education assistance Book Stipend

Even though lots of changes are being made to active duty tuition assistance and the G.I. Bill, there is still good news to be heard. Virginia Military and spouses do not miss this news:
According to Military.com- Active duty services and their GI Bill eligible spouses will soon be able to get funding for books and supplies as part of the Post-9/11 G.I. Bill. Beginning Oct. 1, active duty members and their spouses can receive up to $1,000 for books and supplies, per academic year, as part of the Post-9/11 G.I. Bill. Additional benefits include reimbursement of fees for exams used for admission to colleges and reimbursement for more than one licensing or certification examination. The new change in law also affects payment eligibility, and now accounts for active duty service performed by National Guard members under Title 32. A summary of recent changes to the Post-9/11 GI Bill is available at Military.com.

To learn more about military education benefits, visit the Military.com Education Channel. at http:// Military.com

It may not be much but education is expensive and every little bit of help counts. If you are stationed at Little Creek, Norfolk Military Base contact your education liason for more info.

“I can dream alone, build alone and strive alone, but true success always requires the help and support of others. Please send me your referrals.”

Visit my website today, The Hampton Roads Real Estate Lady!

Deandrea “Dee Dee” Jones

Associate Broker

Blu Skyy Realty Virginia Beach, VA

deedee@bluskyyrealty.com

http://DJonesRealEstate.com

djoneshomes@gmail.com