Could You Find $20,000 Fast? Perspectives on Landlording

September 01, 2015 | Kate Horrell

A couple of years back, the 2012 National Financial Capability Study reported that 40% of American families could not, or probably could not, come up with $2,000 within 30 days if faced with an … [Read more...]

Real Estate Taxes With A Military Twist

August 24, 2015 | Kate Horrell

I've been talking to a lot of military homeowners, and prospective military homeowners, lately.  I try to make sure that they understand all the various nuances of loans, insurance, and especially … [Read more...]

Breaking A Lease Using the SCRA

August 14, 2015 | Kate Horrell
Military Breaking Lease

Several recent letters pointed out the confusion about residential leases, military clauses, and the protections offered under the Servicemembers' Civil Relief Act (SCRA).  The SCRA is a fairly broad … [Read more...]

Save on Electric Bills With Supplier Programs

July 30, 2015 | Kate Horrell

Utility bills can be a large part of your budget, but thankfully there are at least 101 ways to lower the amount that you spend on your various utilities.  One of my favorite ways to save on … [Read more...]

The “Hidden” Costs of Home Ownership

June 16, 2015 | Kate Horrell

During this busy PCS season, many military families are wondering, "Should we buy a house?"  Buying a house is appealing for so many reasons:  feeling like you're investing in something vs. throwing … [Read more...]

Dual Military Overseas Housing Allowance

May 29, 2015 | Kate Horrell

After a few years in this job, I've discovered that there are a surprising number of dual military couples living overseas, and that there is a lot of confusion about the Overseas Housing Allowance … [Read more...]

Homestead Exemption Warnings

April 01, 2015 | Kate Horrell

In the ongoing conversation about domicile and residence, one important issue can not be emphasized enough:  taking a homestead exemption on your real property taxes for a house is a huge indicator … [Read more...]

Why A VA Loan Isn’t Really A VA Loan

January 14, 2015 | Kate Horrell

In a recent Facebook post, Military.com linked to the 2015 loan limits for mortgages that are obtained through the Department of Veterans Affairs (VA) home loan program.  Several comments made me … [Read more...]

When and Where Will 2015 Rates Be Published?

December 17, 2014 | Kate Horrell

I know that I am not the only person who spends a silly amount of time surfing around the various military websites, trying to see if the 2015 military pay and allowances have been officially … [Read more...]

From The Mailbag: BAH Questions

December 12, 2014 | Kate Horrell

  This week's collection of email questions is all about BAH: Question: "I was told they are going to do away with BAH, is this true??" Answer: "No.  There are proposals to decrease the … [Read more...]

What 99% BAH Means For You

December 11, 2014 | Kate Horrell

The 2015 National Defense Authorization Act contains a particular provision that has been vocally unpopular with military families:  a reduction of the amount of housing costs that Basic Allowance … [Read more...]

BAH Rate Protection Rules

December 10, 2014 | Kate Horrell

As we all wait for the 2015 Basic Allowance for Housing (BAH) rates to be released, it is a good time to review the Department of Defense (DOD) policy on BAH rate protection. Each year, the DoD … [Read more...]

How Much House Do You Rate?

December 04, 2014 | Kate Horrell

With all the conversation about Basic Allowance for Housing (BAH), a lot of people have been asking about housing size.  The BAH formula is based around the concept that there is a size and type of … [Read more...]

Just Let The House Go

October 27, 2014 | Kate Horrell

In my past life, I worked for a mortgage bank.  I worked in the loss mitigation department, which is a fancy way of saying that our department was in charge of making sure that we lost as little … [Read more...]