Help Available for Military Hit by Housing Market
Davis, Carol E., Soldiers Magazine
SOME military families are finding themselves in a precarious situation when it comes to selling their house and relocating, said housing experts.
Some bought their homes at the height of the market and now, because of permanent-change-of-station orders, are trying to sell in today's lower market, said Edmond Hackett, housing management specialist, Fort Belvoir, Va. The good news is that the new economic stimulus package has provisions to help military homeowners and Army Emergency Relief is also helping those hit by the crunch.
Renters are not immune to the effects of foreclosure either.
"In the past couple of months, …
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Publication information: Article title: Help Available for Military Hit by Housing Market. Contributors: Davis, Carol E. - Author. Magazine title: Soldiers Magazine. Volume: 64. Issue: 5 Publication date: May 2009. Page number: 26. © 2008 Soldiers Magazine. COPYRIGHT 2009 Gale Group.
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