Advertising Homes For Sale or Rent Near US Military Bases |
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MilitaryByOwner Advertising, Inc.
Vol. 1 Issue 10
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| Letter from the Editor |

With changing foliage and dropping temperatures, it can only mean one thing... the dog days of summer are over and it is finally Fall! Hopefully for most of you this means that you have settled from your Summer move and are now back in to a "normal" routine.
For those of you who are ramping up for a winter move, MilitaryByOwner.com can be a fantastic resource for homes near your new duty station. With the slow down in the real estate market, there is a large inventory for you to choose from if you are in the market to buy or rent a home.
Once again we continue to see fantastic growth in our website. And we want thank you for helping us grow by spreading the word to your friends! This is still our number one source of advertising and nothing could make us feel better than knowing that we have satisfied customers out there!
If you are a real estate professional and would like to author an article on a current market topic for our newsletter, or if you have a website that you think other military families should know about, please contact me! I would love to hear from you. With over 40,000 subscribers, this is a great way to reach new customers.
And remember, we are available Monday - Friday, 9am - 9pm EST to assist you via our live chat.
Editor
MilitaryByOwner Advertising, Inc. |
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MBO News |
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Welcome Aboard Reception
Marine Officer Spouses Club
Okinawa, Japan
We were thrilled to assist in the MOSC Welcome Aboard reception. 
The reception was attended by those who are new to the base. They were given valuable information about on-island colleges, family services organizations and businesses. The President of MOSC is Sharolyn Strader.
Reminders:
- Send us your feedback about your experience using Militarybyowner.com
- Become a Facebook Fan
- Questions?
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Featured Article
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Notice of Underreported Income
By Monica Schaefer
MilitaryByOwner Advertising, Inc.
In September 2009, a mass
e-mailing, purportedly from the IRS, began circulating in-boxes across the
country. The email suggests that you have unreported/underreported income and
asks you to "review tax statement". If you are anything like me, seeing any
type of notice from IRS can be intimidating, so I decided to look into it a
little further.
Let me quickly get to the
point. If you have received one of these email messages in your inbox, DELETE
IT!
Here is a sample of what the
email looks like:
Subject:
Notice of Underreported Income
From:
no-reply@irs.gov
Taxpayer
ID: smith-00000634046688US
Tax Type: INCOME TAX
Issue: Unreported/Underreported Income (Fraud Application)
Please review your
tax statement on Internal Revenue Service (IRS) website (click on the link
below):
review tax statement for taxpayer id:
smith-00000634046688US
Internal Revenue
Service
This widely spread email
message is in fact an attempt to "phish" personal information from unsuspecting
recipients. When you click on the link, you will be asked to provide your IRS
login and ID, which will allow the scammers to retrieve your personal financial
information.
Here are a couple of tips
from the IRS website that you should keep in mind if you are to receive one of
these email messages:
The IRS does not initiate taxpayer
communications through e-mail.
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The IRS does not request detailed personal information through
e-mail.
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The
IRS does not send e-mail requesting your PIN numbers, passwords or similar
access information for credit cards, banks or other financial accounts.
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Report
suspicious e-mails and bogus IRS Web sites to phishing@irs.gov.
If you receive an e-mail from someone
claiming to be the IRS or directing you to an IRS site,- Do
not open any attachments. (Attachments may contain malicious code that will
infect your computer.)
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Do
not click on any links.
If you clicked on links in a suspicious e-mail or
phishing Web site and entered confidential information, visit our Identity Theft page.
Use
the following steps to report the e-mail or bogus Web site to the IRS.
How to report phishing, e-mail scams and
bogus IRS Web sites
If you receive an e-mail
or find a Web site you think is pretending to be the IRS,-
Forward the e-mail or Web site URL to the IRS at phishing@irs.gov.
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You
can forward the message as received or provide the Internet header of the e-mail. The Internet header has
additional information to help us locate the sender.
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After
you forward the e-mail or header information to us, delete the message.
It is
unfortunate that we have to constantly be on guard for unscrupulous people, but
if you take time to be diligent, then hopefully you can avoid being a victim!
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| Real Estate Corner |
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FIXING FORECLOSED HOUSES FOR FUN & PROFIT
By Jane Shafrin
If you've been watching the news you know that the supply
of foreclosed residential properties is in the tens of thousands or more and
will probably increase. Many of these properties have a great deal of
"deferred maintenance", or in other words they are in bad shape. Some
may even be unlivable. (The last occupants of the house often remove whatever
they can out of the house including appliances, bathroom fixtures, light
fixtures, even copper pipe.) What happens to a foreclosed, vacant house?
If you know how to remodel a house so that it appeals to
buyers at a particular price range and in a particular neighborhood, you can
earn profits buying foreclosed properties, fixing them, and selling them at
retail. The key phrase here is "appeal to buyers in a certain price
range". Your work must result in a fresh new look for the house without
exceeding the current remodeling styles.
To simplify, there are two types of properties defined as
foreclosed: bank-owned and short sale. You purchase a bank-owned house from a
bank. The bank owns the house because the mortgage holder defaulted on the
mortgage. You can often close on bank owned properties within a matter of
weeks, depending on the bank.
A short sale is a different type of transaction
altogether. Often a short sale takes months to close, if you can get the seller
(usually a bank) to agree on a price. Meanwhile the seller is holding your
deposit money. The house may still be occupied by the owner, who is behind in
payments and trying to work out a deal. According to Scott Mills of Colorado
Properties, "Stay away from short sales unless your broker can find out
when the note holder is planning to accept offers and close."
There is also a market for wholesale properties which
involves finding a property with good potential and doing what's called a
"double closing" or "flip". This means you get a contract
on the property and sell it on the day of closing to a third party, usually a
rehabber, for a small profit. Profits on wholesale properties can range from
$2,000 up to $20,000 depending on the property and the market. The buyer will
want to purchase the property at 75 cents on the dollar or less. This means
that after fixing it up, his costs will be 75% (or less) of the fixed-up price
he gets for the house.
You need to complete several steps in order to get a
foreclosed house ready to sell at a profit:
1. Find the property and finance (fund) it if you are a beginner, avoid condos, town homes, antique houses, farms, multi-family properties stick to tract houses, that is houses that resemble the other houses on the street and in the neighborhood as to age and design a realtor can help you understand the retail prices (comps) in the neighborhood, and can help you locate and view bank-owned properties.
2. Plan the
remodel in the greatest possible detail including costs of materials.
3. Find
contractors to do the work if you can't do it yourself--if you're not a licensed plumber or electrician,
you should hire licensed people
for these jobs. Be sure to get permits for new construction. Contact your
local city or county Building Department to find out about what permits you
need.
4. Stage the property with touches of decor such as chairs, plants, kitchen towels, a
cookbook, toys, curtains, fluffy towels in the bothrooms, fancy soaps, etc.
Never sell an empty house or a house stuffed with bric a brac
5. list the property on your local MLS; use the realtor to sell the property that helped
you buy it; the realtor may offer a reduction of his/her commission since he's
getting paid twice on the same house.
You can finance a property in a variety of ways. Buy it
and fix it up while living in it. This is probably the best way to get a
conventional bank loan. Banks won't finance investment properties unless you
have sufficient cash flow to make the mortgage payments. If you are already
paying rent or a mortgage, your income may not suffice to qualify for a bank
loan on a second house.
Pay cash for a property. This eliminates the bothersome
paperwork of applying for a bank loan, and you won't be stressed by having to
make mortgage payments.
Borrow from friends & family to purchase the
property. Agree to repay them, with interest, when you sell the house.
The least attractive alternative is a "hard
money" loan. This is a high-interest-rate loan, 10% to 14% or more, which
is payable within a short term, which you repay when you sell the house. There
are probably a few hard-money lenders in your area. You should be able to find
them by calling around to banks and real estate brokers. The high interest rate
takes a huge bite out of your profits. If you find a property that has a big
upside, this may be the way to go. Some hard money lenders may also front you
the fix-up money.
Keep in mind that you also need funds for contractors,
materials, insurance, landscaping, utility costs, and staging items. Until you
finally close on the beautiful home you remodeled, you will be writing check
after check.
If you are planning to buy a foreclosed house, find a
realtor who understands what you want to do. You may have to interview 6 or 8
realtors before you find one who has the experience you need. The realtor will
want you to sign a buyer's agency, a contract that prevents you from using
another realtor. This is perfectly acceptable, but don't sign it unless you are
absolutely sure you and the realtor are on the same page. Read the
contract--any contract--carefully. A realtor can be a tremendous time saver and
adviser. A good realtor has years of experience selling houses in the
neighborhoods you are focusing on, and may even be a rehabber or landlord too.
Next time: now you own a house! What next?
Jane Sharfin jane5505@msn.com
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Military Life
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Defense Department Works to End Domestic Violence
By Samantha L. Quigley American Forces Press Service
WASHINGTON, Oct.
7, 2009 - The Defense Department is committed to providing a safe and healthy
environment for military families, the director of the department's Family
Advocacy Program said in observance of Domestic Violence Awareness Month.
When domestic violence does occur within the military community,
however, there are places to turn, David Lloyd said.
"Domestic violence
is always an issue in the military because military people come into the service
with all the issues that are present in the civilian sector," he said. "We don't
want victims to suffer in silence."
In 2006, the department passed the
Restricted Reporting Policy, Lloyd said. Restricted reporting allows victims who
are unaware of the support and resources available for them to get that
information, get an assessment of their safety and receive help with safety
planning.
All of this is done without notifying military law enforcement
or the military commander, which means that if the alleged abuser is a
servicemember, the incident won't end up on a permanent record.
The
other option is unrestricted reporting, which is the option used when a victim
wants to get law enforcement or the command involved, Lloyd said.
"In
that situation, the law enforcement ... personnel would investigate the
allegations of what had happened and of course would present it to the
commander," he said. "The commander would be able to take steps, including
issuing a military protective order."
Commanders also have the authority
to move the servicemember into the barracks to separate the couple, as well as
make them surrender any personal firearms to reduce the immediate risk of
lethality, Lloyd said.
These are just two of the tools and resources
available to victims of domestic violence in the military community.
Victim advocates and military life consultants also are available to help a
victim through the process, no matter which report they choose to file. Should a
victim want to seek shelter, the advocate or a Family Advocacy Program clinician
would help her get to a shelter off the military installation, Lloyd said.
"The ... advocate also would go with her to a civilian court, ... to get a
civilian protective order ... [which] must be enforced on a military installation
just as if it was in the outside, civilian world," he said. "If it's a
servicemember who's the alleged abuser - which it is in about 60 percent of the
cases - the commander can order that abuser to meet with a [Family Advocacy
Program] person, get an assessment, [and] come up with a treatment to correct
his behavior."
The commander also could order the servicemember into
Family Advocacy Program or other counseling, as appropriate, Lloyd said, or may
call for disciplinary measures.
There's another scenario as well.
If the servicemember wants to come forward as a voluntary self-referral
before abuse occurs to get help with his own potentially abusive behavior, he
can contact the Family Advocacy Program for counseling services, or the family
center or Military OneSource for nonmedical counseling, Lloyd said. Speaking
with a Military OneSource or military family life consultant before abuse has
occurred is confidential and neither law enforcement or command would be
notified. But when the commander hears about an incident of abuse, and takes
action against the servicemember, it will show up in their record.
The realization that many victims are afraid to come forward because they
feel reliant upon their abuser has not been lost on the department.
If a
commander finds cause to discharge a servicemember over abuse allegations or has
the servicemember court-martialed and a guilty verdict is returned, and pay and
allowances must be forfeited, the victim isn't left high and dry.
Defense Department policy authorizes commanders to pay for the victim's
transportation to a safe place and the shipping of household goods provided
there's an agreement between the spouses or the court has divided the property.
"The commander can also authorize the victim to receive up to 36 months
of transitional compensation based on the servicemember's pay to help the victim
get a new start," Lloyd said. "In addition to the compensation, the victim would
be eligible for medical and dental benefits ... and for exchange and commissary
benefits for the same period of time.
"We want the victim not to feel
that she's so dependent on the servicemember's pay that she has to suffer in
silence," he added.
The time period for which those benefits are
extended is dependent upon the amount of time left on the servicemember's
enlistment contract, he said.
It's often taken for granted that all
victims of domestic abuse are women, but Lloyd said that's not the case. About a
third of the cases reported each year are reported by men.
"The good
news is that we can work with them as well, our Family Advocacy Program people
and our victim advocates," he said. "Also, the [male] victims tend not to have
significant physical injuries. Women, because of their smaller body size and
body mass, if they do get hit with violence, they tend to suffer more
significant injuries than the men do."
But not all domestic violence is
physical. Sometimes it's psychologically coercive, controlling behavior, he
said.
How the reported domestic violence cases compare with the same
demographic in the civilian population is unknown as there's no annual data
collection system, Lloyd said. The department has contributed to the new
National Intimate Partner Violence, Stalking and Sexual Violence Surveillance
System, being developed by the Centers for Disease Control and Prevention.
"So for the first time, by the end of 2011, we should have some
comparative data," he said.
The department keeps tabs on the number of
cases reported throughout the military, however, and Lloyd said the trend since
2000 is a bit surprising.
"Despite the heavy stresses we've had from two
wars, both the number of reports and the number of reports that meet [Family
Advocacy Program] criteria, and the rate of such reports per 1,000 married
couples, has declined rather steadily since the year 2000," he said. "We're
always keeping an eye on it, because we're very mindful of the long-term effects
of repeated long-term deployments. [They] can really wreak havoc on marriages
and other relationships.
"We're not pleased, because we don't want to
have any, but we think that the proactive stance the department is taking to try
and support couples and families, and seriously dating couples ... is maybe having
a payoff," he added.
Numbers from the civilian population also show an
overall decline, too, he said.
The department's efforts don't stop with
adults; officials also have taken measures to address teen dating violence as
well. Tool kits have gone out to Defense Department schools, defense youth
programs and Family Advocacy Programs to help teens develop relationships that
are nonviolent, Lloyd said.
Tommy T. Thomas, deputy undersecretary of
defense for military community and family policy, reinforced the department's
commitment to ending domestic violence.
"The Department of Defense and
the military services are committed to providing strong family programs to
prevent, identify, report, treat and follow-up cases of domestic abuse," he
said. "As the nation observes Domestic Violence Awareness Month, we will
continue our work to ensure that every home in the military community is a safe
home."
Biographies: Tommy T. Thomas
Related Sites: Military Community and Family Policy Military OneSource Military Homefront
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| Featured Site |

In this day and age, it is not likely that this will be the first time that you have heard about facebook or other social networking sites that are all the rage. But what may be news to you is that MilitaryByOwner Advertising, Inc has a fan page on facebook.
Becoming a fan will allow you to enjoy the benefits of being able to network with fellow military members that can offer support and advice on renting or selling homes or just general tips on how military families weather the constant cycle of PCSing.
We all know that one of the great benefits of military life is the wide array of people we know across this great country and now this is a way to tap into that benefit as well as gaining even more useful tips from those that we don't know!
Do you have a great relocation tip or an idea on how to help your children adjust to moving to a new location? Become a fan and share your knowledge with others and you could win a $25 Home Depot gift card! What could be better than learning something new, helping others and the possibility of wining something we all need when we move?
We look forward to having you as a fan soon!
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| Featured Home |
For Rent By Owner
Price: $1,200.00/month Aberdeen, NC - Newington Way 3 Bed, 2 Bath (Single Family)

Description:
3 Bedroom/2 Bathroom, 1800ft sq ft home with hardwood floors on a quiet
cul-de-sac in conveniently located Glen Laural subdivision. This home is new
construction complete with living room gas fireplace; eat in kitchen with
stainless steel appliances(microwave, cook top, range, refrigerator, and
dishwasher) and disposal. There are washer/dryer hookups in laundry closet off
the kitchen. The large master suite is separated from the two bedrooms and
includes his and hers walk-in closets, private bath with spa tub and separate
shower. The master has hardwood floors while the two bedrooms have Berber
carpet. There is a two car garage with plenty of storage space, a screened in
porch off the livingroom overlooking private back yard as well as a welcoming
sitting porch on the front. Additionally there is invisible fencing around the
perimeter of the property. Dogs are welcome upon meeting and
approval. MilitaryByOwner Rent: $1,200.00/month
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| Customer Experience |
Wow! I posted our home "for sale or rent" on Wednesday night and by Thursday afternoon we had a renter who wants to by the house when their lease expires! A week later, we have a signed lease and are ready to move!! Thank you militarybyowner - you rock. M.P. Fort Hood, TX 10/09 | |
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Disclosure: We have made every effort to make our newsletter useful, informative, helpful and honest. The views and opinions of our guest contributors are not necessarily the views, opinions or an endorsement of MilitaryByOwner.com. You should seek advice from a professional familiar with your state laws regarding specific legal matters.
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MilitaryByOwner Advertising,Inc.
All Rights Reserved. |
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