This entry was posted on Thursday, August 9th, 2007 at 6:15 pm and is filed under Home Buying. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
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August 9, 2007
In an effort to increase recruitment, the United States Army is exploring a proposal that would allow new recruits to accrue up to $45,000 over the course of their enlistment, tax free, towards the down payment of a home. With Veteran benefits already offering generous loans to veterans, it is certainly easier to buy property as an enlisted man.
But is it worth it?
read comments (2)
August 10th, 2007 at 5:45 am
I was in for 8 years and all I got was a backpack hehe. That’s what you get when you go the officer route. If I had to do over again, I would have gone to language school and got the $45K. I could have made that work for me.
August 12th, 2007 at 1:58 pm
A tax free down payment certainly sounds like a sweet deal…of course, I’d rather not be living in a ditch shooting at insurgents for a few years…then sent back for a few more.