Naval Base Kistap | BAH – Tax Breaks – HomeOwnership

I am sure as a military member you have heard this phrase about a million times in the last several years.  Interest rates have been so low for so long that home ownership has been easier than ever before for anyone and this especially includes the military population, who until recently didn’t feel like they could or should purchase properties.  Never before has the military population owned a higher percentage of homes.

The days of base living has changed drastically. With most installations switching over to PPV the climate has changed.  The thought of waiting until retirement to purchase a home has become a scary thought with the way housing prices in most areas have skyrocketed.

Now could be the perfect time in the Naval Base Kitsap area to purchase a home since the market has really changed to a buyer’s market you can capitalize on the lower interest rates along with some lower prices and motivated sellers. 

Just think buying a home with your BAH money is a real tax advantage. Read more about how you can receive tax breaks with this tax free money. 

Is this Legal? Receiving Tax Breaks with Tax Free Money?

So as a military member do you purchase a home?

It is a very complicated process which needs some investigation and education before making a decision. You should ask yourself some questions like these at the minimum.

•·        Do I have upfront money to buy a home?

•·        Can I get financing? (Don’t forget you are most likely eligible for a VA loan)

•·        Is my tour of duty going to be longer than 2 years before the next PCS?

•·        Will I have the opportunity to do another tour here or will I have an opportunity to come back?

•·        If I had to be a long distant landlord would I have the time or recourses?

•·        Could I afford a property manager?

•·        What if I had to pay the mortgage for 2-3 months while the home is waiting for new renters?                                        

So after you have considered all the possibilities, searched the internet for information and asked around your shop. Are you ready to buy? 

Take a look at: New 2008 BAH Rates Released | Bremerton WA Real Estate  and see the possibilities.

Currently in Bremerton there are many homes that are still in a very affordable price range. Today in Bremerton there are 80 homes between the price ranges of $150,000 – $200,000.  See for yourself here.  Search Bremerton Now .  Or send me an email and I will email you that very list. Or just fill out my Contact Form. 

Check here for my Military Buyer Rebate Information. Yes, I do offer a “Military Discount” all you have to do is ask.

Other links for your interest:

Rent Vs Buy Calculator

Buyer’s Resources

Free Buyer Reports

Monthly Payment Calculator

Loan Programs

Puget Sound Real Estate Today