VA loans For Veterans Left Out Of Economic Stimulus Bill

It's been described as a big "goof up" on Capitol Hill. When Congress passed the bi-partisan $150 billion stimulus package to raise the the loan limits for homeowners in high cost areas across the country, it left out VA loans. Fannie Mae, Freddie Mac and FHA all got their limits raised to $729,750 from $417,000 as part of the stimulus package. By completely leaving out the VA loan limits, it affects about 11,000 VA loans processed each month. It puts the VA borrower at a big disadvantage to other borrowers. For veterans looking to purchase homes in high priced areas like San Diego, the loan increase would greatly impact their buying power. It could mean a difference between a condo or a detached home. This is clearly an embarrassment for Congress.

To fix the problem, several Congressional representatives are rushing to pass bills including a "stimulus fix" bill. Stay tuned for updates.

Get All Of Your Mail During The Move w/ Free Address Changer Service

Military.com com offers a free address changer service.

The fastest and easiest way to tell everyone your new address. The service will notify:
The United States Post Office
Frequent Travelers Clubs
Magazines
National Organizations
Catalogs
Home Security Companies
College Alumni Associations
Monthly Clubs

Click here to sign up http://military.moving.com/Moving_and_Planning/addresschanger/

Warning! Not preparing a relocation budget can be seriously damaging to your financial health!

You've just found out you'll be relocating within three months! After a mild feeling of panic, your first reaction just might be: "I wonder how much this move is going to cost me?"
To know the answer, you need to prepare your relocation budget, which includes estimated costs and benefits for your move.

No matter how often youíve moved, you're going to need some assistance preparing your budget. That help is available in your base family center. It's a good idea to visit your family center as soon as you know youíre going to move--even before you get orders.
Click here to prepare your relocation budget
http://www.defenselink.mil/mapsite/relocbg1.html

Sign Up For Free Move Planner

How steady is your move plan? Getting an early start on your move by utilizing our move planner could be one of the most important steps in creating a successful moving day. The Move planner can also reduce the stress associated with the moving process by giving you the tools to get organized.
Moving is stressful and can leave you feeling off-balance - we're here to help. Your Online Move Planner is designed to provide you with everything you need before, during and after your move. You'll get:
The Move Planner has a complete and customizable move "to do" list
The Move Planner has weekly email reminders with valuable tips for a smooth move
The Move Planner contains valuable coupons and special offers that could save you hundreds in your move!
Go to http://www.homefair.com/moving_and_planning/moveplanner/landing.asp?cid=homefair&cc=1 to get started

Hate To Wait, Speed up the Buying & Renting Process

1. Check your credit report immediately.
It can take weeks to correct errors and months to improve your scores. You need to know what is on that report NOW. You are now entitiled to a Free Credit Report once a year from each of the three credit reporting agencies. One strategy is to ask for a different report from a different agency every 3 or 4 months. However, we recommend that you request the Equifax Report and pay for the score that goes with it so that you can see what the Mortgage Companies and Apartment Managers will see. Go to http://www.annualcreditreport.com/ to order your free credit report.

2. To buy using a VA Guaranteed Loan, you must first qualify.
Go to http://www.homeloans.va.gov/ to start the process

3. Choose a new Internet Service Provider before you get there.
Then give out your new e-mail address to friends and your current duty station.