Renting vs. Buying After a Relocation

Service member standing on his front porch with his wife and three daughters.

If there was such a thing as the Moving Olympics, your military family could easily capture the gold.

Deciding whether to rent or buy when you move is a big question and a huge financial decision. Because you may move frequently with the military, you'll want to think carefully about what it means to own your home and do your homework before you sign on the dotted line. You'll need to be honest about how much house you can afford, so you don't end up "house poor." Luckily, whatever you choose, the Servicemembers Civil Relief Act can provide legal protection for active-duty service members.

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