MBO Resources

Welcome to MBO Resources! Below you will find a wealth of information that will help you along your journey. There is something for everyone from first time buyers/sellers to those who are experienced PCS movers and think they are professional do it yourselfers! If you have any topics that we have not provided please Contact Us Here...

Home Buying__________________________________

Home BuyingYou have managed to make it through house hunting, bidding and negotiating on your new home, and it's time to complete the process. However, in order to do so, you will need to sit down with various people (seller, real estate agent, title and mortgage company officials, etc.) and in this section of our website you will find helpful articles, and a glossary of terms.

5 STEPS TO BALANCE YOUR HOME BUYING DREAM AGAINST YOUR BUDGET REALITY
I don't know about you, but I really despise watching the home buying shows that begin with a real estate agent taking a couple to their dream home. You know what happens next, and it isn't pretty. View Full Article

WHAT YOU NEED TO KNOW ABOUT BUYING A HOME AT AUCTION

After one too many episodes of Flip or Flop watching Christina admonish Tarek for spending over their budget on an investment property yet again. I briefly wondered if I could purchase my next home that way, too. Could I buy a home at auction sight unseen, renovate it, and earn boatloads of sweat equity in a resale by our next PCS? View Full Article

INVESTING IN A VACATION HOME? CONSIDER THESE TIPS!

Vacation! The very sound of the word vacation brings to mind a relaxing get-away, a place where all the cares and worries of day-to-day life disappear. No meetings, no deadlines, no "to do" list. Just a chance to do nothing with absolutely no guilt. View Full Article

BUYING A HOME WITH RENTING IN MIND

Military families engage in home buying like no other. We buy homes in just several days and we buy homes for other people in live in. Who does that?! View Full Article

DO YOU NEED AN ATTORNEY FOR A FSBO CLOSING?

I have a friend who shall remain unnamed who won't buy a new pair of shoes without dragging someone to the store with her to inspect them. She takes care to wear the type of clothing she'll likely wear with the shoes and she'll walk around the store to make sure that she isn't treading on her jeans and that the shoe doesn't easily slip off. View Full Article

View ALL Home Buying Articles>>                      View Home Buying Glossary of Terms >>


Home Selling__________________________________

Either you have come to the decision that moving is the right thing for you or some other circumstance (financial, transfer, schools, etc) has come up you are looking for some help to get started and throughout the process. This section of our website you will find helpful articles, and a glossary of terms. Questions?
SHOWCASE YOUR HOME LIKE AN AGENT
It's easy to list your home online, but maybe it's a little too easy. Let's think of it this way--you're creating a "profile" for your piece of property in a manner that isn't much different than creating a social media profile for yourself, and it seems so simple that you may not even give it too much thought, right? View Full Article 

GET YOUR DUCKS IN A ROW BEFORE YOU FSBO

One Little duck you need to get in line before you FSBO (For sale by Owner) is your marketing. Once you've identified your target market, there are some key items you'll need to plan for your marketing. View Full Article

HOW TO MARKET YOUR HOME DURING THE HOLIDAYS
Lower inventory on the market means less competition. Real estate professional and military spouse Lindsey Litton of Litton Realty in San Antonio says of this coming winter season that the current inventoryon the market in Military City USA is lower than it's been in the last nine years. View Full Article

AVOID THESE 3 "FOR SALE BY OWNER" MISTAKES
The decision has been made and you've decided that a "For Sale by Owner" is the way to go. All Right then, read up, get prepared, and make MilitaryByOwner your one stop shop for all things FSBO, including how to avoid costly mistakes during the selling process. View Full Article

PREPARING YOUR HOME TO SELL TO A VA HOME LOAN BUYER

In a late summer interview with the Huffington Post, Lawrence Yun, the Chief Economist for the National Association of Realtors, explained that several factors are pricing younger home buyers out of the real estate market. The Combination of rising rents and home prices increasing between three and four times the rate of wages means that younger buyers simply don't have the option of low rent wiggle room in their budget to afford to save for a down payment. View Full Article

HOW DO I ESTIMATE MY HOME'S VALUE?

While I’ve found that online algorithms, known as Automated Valuation Models (AVM), have undervalued my home in South Carolina, many have found the complete opposite: These AVM’s yield higher home values than a real estate agent provides upon appraisal for a possible sale. Now, if a computer tells you that your home should be priced at $250,000, but your real estate agent tells you that there’s simply no way that it could sell above $225,000 based on market comparables in the neighborhood, who are you most likely to listen to? View Full Article

HOW DO YOU SELL A HOME SOMEONE DIED IN?
How would you like to take a shower in the home that inspired "Psycho" in Plainville, Wisconsin? Fortunately, that home has since been bulldozed, but many other homes in which traumatic events occurred appear on the market every so often. View Full Article

View ALL Home Selling Articles>>                    View Home Selling Glossary of Terms >>


Military Family_________________________________

Military Families are very important to us here at MilitarybyOwner.com as we know how stressful it is when it is time to move as well as having to deal with loved ones being gone during the process. This section of our website you will find helpful articles, and a glossary of terms.

PLANNING AHEAD FOR MILITARY RETIREMENT
From season to season, I find there is always something to look forward to. In the midst of toasty summer days, I long for when the forecast brings a cooldown of the weather. When colorful autumn leaves appear, I anticipate the joys that upcoming holiday celebrations may bring. View Full Article

THE GUESTS ARE COMING! THE GUESTS ARE COMING!
My daughter has a children's book that we read before every major gathering of our family, typically over the holidays. It's a brilliant kid's snapshot of the chaos holiday entertaining can be. View Full Article

IN A HOLIDAY FUNK?
As I write this well before Thanksgiving, Christmas jingles are already playing on commercials, the town center nearby has its holiday decorations up, and I'm sure someone (not me!) already has their holiday cards addressed and stamped. View Full Article

A VETERAN'S SMALL BUSINESS RESOURCES GUIDE
Many military members dream of starting their own business after they transition out of the service. The good news is that statistics show veterans are really adept at running their own companies. The Department of Veterans Affairs calculates they are 45% more likely than civilian counterparts to become successful entrepreneurs. View Full Article

ULTIMATE GUIDE FOR MILITARY SPOUSE EMPLOYMENT  
The secret is definitely out: military spouses are a work force to be reckoned with. We're educated and motivated, not to mention flexible. So why does it seem employment resources are hard to come by? Well, because there are so many helpful options, it can be difficult to sort through. View full Article

IS IT TIME FOR GENERATION X TO DOWNSIZE FOR RETIREMENT?
If you use media trends as any indication, everyone is downsizing. Whether you're a senior military family, recently retired from the military, or another mid-career Generation X professional living in your big "forever home" in the suburbs, the thought of downsizing to prepare your family for retirement has likely crossed your mind, too. View full Article

NEW TO THE NEIGHBORHOOD? MEET FRIENDS FAST
It's often beneficial to begin establishing connections at your next duty station even before arriving. Knowing someone locally will take some of the uneasiness away and the comfort of a familiar face will give you something to look forward to which will also make the transition a little easier. View Full Article

CHECKLIST FOR AN OVERSEAS SPONSOR   Arriving in a new country for an overseas military assignment is exciting! But aside from the excitement, you will likely find yourself surprised by situations you’ve never experienced or even imagined, such as language barriers or the surprises of typhoon season. View Full Article

View ALL Military Family Articles>>              View Military Family Glossary of Terms >> 


Renting________________________________________

Often times purchasing a home is just not an option at this time, a temporary stay is what is needed to make a final decision or finances come into play. This section of our website you will find helpful articles and a glossary of terms.


MILITARY MEMBER LOOKING FOR A SHORT-TERM RENTAL? WHERE TO BEGIN
When people typically think about someone who leases a room or an apartment within a house, the image of a young college kid who needs cheap rent pops into mind. What a bout a short-term furnished rental apartment? 

APARTMENT LIVING: NO LONGER FOR JUST FOR SINGLES AND COUPLES

Predicting the status of the housing market is a game that is tough to win, especially reflecting on the housing crises of years past. However, a constant fixture for housing options during these tumultuous times has been accress to apartment rentals. View Full Article

COMMUNICATION SOLUTIONS FOR LANDLORDS AND TENANTS
Break-ups happen. We'll leave the personal relationship issues to the dating and marriage counselors, though, because we're not dealing with personal relationships here. View Full Article
                                                                                             
4 CONCERNS WHEN RENTING OUT A ROOM IN YOUR HOME
Would you share a room in your home today in order to avoid sharing the title of your home with your mortgage lender for any longer than necessary? Many families across the U.S. are doing just that; they are sharing their homes to help either pay bills or pay down their mortgage more quickly! View Full Article

RENTERS AVOID THESE SCENARIOS
Military families fulfill all life stages of rental home needs. Single, young, newly married, and married with three kids are just a few examples of families looking for homes. Rental home experiences for military differ, but the need for renter awarness remains the same. The more information you obtain upfront, the better your home life will be.   View Full Article

View ALL Renting Articles >>                             View Renting Glossary of Terms >>


Property Management _______________________


Owning a property of your own or with the intent to rent comes with a lot of added responsibilities and requirements. This section of our website you will find helpful articles, and a glossary of terms.


THE MILITARY CLAUSE: A LANDLORD'S PERSPECTIVE
One of the most frequently searched topics on MilitaryByOwner is the "military clause," and for good reason. At best, military clause is confusing; at worst, it offers conflicting information, requiring a trip to the legal office for an interpretation. 

WHAT LONG DISTANCE LANDLORDS NEED TO KNOW

Looking back at my family's rental home history, I realized we've never rented a home from a local homeowner. They've always been long distance and, except for one, all military landlords. I have given this some thought and wondered why we haven't had the typical landlord experience with the twice yearly meeting and the occasional inspection requested. View Full Article

THE 3 BIGGEST HEADACHES NEW LANDLORDS HAVE WITH PROPERTY MANAGERS

You might already be aware of most of the biggest hassles new landlords face with their property managers. If, however, you cannot think of a list of potential headaches because you are so overwhelmed by the prospect of a) trusting an unknown person to live in your property without destroying it, and b) trusting yet another unknown person to manage the first unknow person, then let me help you out. View Full Article

AVOID MOVE OUT WALK-THROUGHS AT ALL COST!
Let’s play Choose Your Own Adventure military landlord style. The theme of this adventure is move out walk-throughs. Yes, I know that’s an odd style of adventure, but bear with me. View Full Article

IS THAT OREGANO IN YOUR TENANT'S GARDEN?
At the REALTORS® Conference in New Orleans this November, the National Association of Realtors discussed the liability facing landlords when tenants commit potentially illegal acts in their rental properties. The hot topic of the day? Marijuana.  View Full Article

View ALL Property Management Articles>>     View Property Management Glossary of Terms >>


Financing
______________________________________

Often times financing should be the very first thing to think about before buying, selling or renting. Making sure you know what your budget is before you begin will make the process easier. We also want to provide those of you styaing put with ways to save monthly by refinancing, etc. This section of our website you will find helpful articles, and a glossary of terms.

WHAT MORTGAGE CHANGES MEAN FOR MILITARY FAMILIES
In early 2015, the Federal Reserve suggested that they will increase interest rates later this year, offering a boon to thristy savers, but not for borrowers. Interest rates have not risen in years, but given that both the DOW and the housing market have risen to pre-recession valuations, no one was too surprised by the update to the interest rate status quo. View Full Article

INVEST IN MILLENIAL GROWTH AT THESE 4 MILITARY INSTALLATIONS
For a population with reportedly high unemployment rates, high debt, and low credit scores, millennial growth is surging in markets with surprisinglyhigher than average rental rates and cost of living expenses. Daren Bolmquist, Vice President of Realty Trac, explains that this is a result of the higher employment levelsof these areas. View Full Article

START YOUR RETIREMENT BACK UP PLAN WITH REAL ESTATE
I’m about to paint a really unpleasant money picture for you, but don’t worry, it gets better. According to a study concluded by the Employee Benefit Research Institute last year, approximately 57-percent of all American adults have less than $25,000 total in savings and investments. Over the past few years, they have shown that the average working age family has less than $3,000 in retirement savings accounts. View Full Article

YES, ZERO DOWN LOANS STILL EXIST
A USDA Rural Development Guaranteed Housing Loan Program, otherwise known as a USDA loan, is a mortgage loan that helps families purchase single family homes in more rural areas in America. If you’re a military family currently enjoying big city life up at Fort Hamilton in New York City or Camp Pendleton in San Diego, a case of selective amnesia may have caused you to conveniently forget that your next assignment may bring you to Minot Air Force Base in the less-than-urban region of North Dakota. View Full Article

View ALL Financing Articles >>                            View Financing Glossary of Terms >>


Relocating/Moving_____________________________

There are not many things in life that are as stressful as relocating! From deciding what to take or let go all the way to relationships with friends & neighbors, there are so many things that some extra advice is always a happy thing to come by. This section of our website you will find helpful articles, and a glossary of terms.

PCS E-Books:


4 TIPS FOR PCS SURVIVAL IN EXTENDED STAY HOTELS 
4 tips No mater how many miles it is, traveling during a PCS always seem like an endless journey for our family. When we finally arrive at our destination, we're happy to be out of the car and excited to explore the new area. Nine times out of ten, we have the keys to our new place, but our household goods haven't arrived. View Full Article

PCS TO MONTEREY

If your orders to PCS have you traveling to Monterey for a short NPS school cycle or a longer duty station assignment, its best to have an understanding of the peninsula and how to navigate the cities where military typically reside, as well as the airports and lodging that are most utilized. View Full Article

THE BENEFITS OF MILITARY LODGING FOR PCS AND VACATION TRAVEL

Budgeting for a PCS move can be tricky when accounting for the days you might be homeless while traveling on the road or waiting for your next home to become available. An inexpensive solution may be to investigate the thousands of rooms the military has available on its installations or in other military lodging options. View Full Article

10 PCS HACKS
 There are some situations you simply can’t prepare for when facing a military relocation. A few come to my mind: a final sports-related ER trip hours before leaving the country, movers showing up on the wrong day, an entire shipment of household goods erroneously put into storage instead of delivered, dealing with an overseas move alone while my spouse was deployed.  View Full Article

PLANNING YOUR OVERSEAS PCS
When you receive the news that you'll be moving overseas with a military PCS, you're likelyto vacillate between feelings of excitement and near panic.  What should we pack?  Can we bring our appliances?  How eill we ship our pet? What about our vehicle? These are all valid and common questions!  Many of the details of an overseas move are the same as a move withing the continental U.S. (CONUS), but there are also some big differences in an OCONUS move.  View Full Article

 
View ALL Relocating/Moving Articles >>  View Relocating/Moving Glossary of Terms >>

 
Decorating_____________________________________

Whether you are staging your home to help sell quicker, get top doller for your home/rental or looking for help on what to do now that you have a new set of keys in your hand. This section of our website you will find helpful articles, and a glossary of terms.

MILITARY HOUSING: MAKE IT YOUR OWN!
I am assurming that, by virtue of reading MilitaryByOwner's decorating information, you have an interest in how your home looks, even if it is military housing. Military housing and the flair for home decorating don't have to disagree with each other. Just think, each time you receive a new Military home it should be clean and very neutral in color scheme. View Full Article

FREE OR CHEAP DECORATING ADVICE FROM BRANDS YOU LOVE
It's difficult to strike a balance between investing in the aesthetics of your rental or base housing and budgeting for the inevitable transfer in just a few short years. Military spouses are fantastic for making something out of nothing, especially given a little bit of free inspiration from national brands we love. View Full Article

WARM WEATHER OUTDOOR ESSENTIALS

The long winter has passed and the warm season offers many days for outdoor parties and gatherings. Basic preparation with popes of color and fun accessories will allow guest to enjoy themselves thoroughly. Visitors are most at ease when they are comfortable and the host has anticipated their needs before arriving. View Full Article

HOW TO PAINT
Applying fresh paint is one of the best ways to spruce up a home for sale or to update the look in your current space. Paint is inexpensive and provides instant gratification. Some people even enjoy the soothing application process! Planning and preparation are the keys to a perfect paint job. Although small projects can be done in a weekend, give yourself at least two to split the prep and application time. View Full Article

WINTER DECORATING TRENDS
Once the holidays have passed and the last decorative tote is put away, your house may feel a little empty and less inviting without the holiday jewelry your rooms wore so well. One of the best ways to carry on the festive feeling through the colder months, especially if you are considering putting the house on the market for sale, is to change the Christmas décor into a cozy and welcoming winter look.  View Full Article

View ALL Decorating Articles >>       View Decorating Glossary of Terms >>        Video>>


Website Help__________________________________

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HOME SEARCH TUTORIAL
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AD SUBMISSION TUTORIAL
Have a home or land to rent or sell? It is easy on MilitarybyOwner.com! We have three ad packages available and this tutorial will guide you through the steps.

CHANGING YOUR AD STATUS TUTORIAL
Already have a home advertised with MilitarybyOwner.com? Changing the ad status to rented, sold paused is a snap!

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