Buying a Home Before Receiving Military Orders?

Written By Erin G

Hello, military homebuyers! If you’re considering purchasing a home but haven’t received your official orders yet, you might be wondering if it’s wise to proceed. Nathan Driggers from The Driggers Team is here to shed some light on this important topic.

Can You Buy a Home Without Orders?

Technically, yes, you can start the process of buying a home before receiving your military orders. However, Nathan strongly advises against it due to the potential risks involved.

The Risks of Buying Without Orders

  1. Lender Approval: One of the biggest hurdles is securing financing. Lenders need confirmation that you’ll be moving to the area and occupying the home. Without your orders, this assurance is missing, making it difficult to finalize your loan.

  2. Uncertainty: Without your orders, there’s always a level of uncertainty about your future location and timing. Orders can change, and moving forward without them can lead to complications if your situation changes unexpectedly.

  3. Potential Financial Loss: Going under contract on a home without orders can put you at risk of financial loss if your orders don’t align with the purchase. Breaking a contract can be costly, both in terms of money and stress.

Why Waiting is the Smart Choice

Nathan Driggers emphasizes the importance of waiting until your orders are confirmed before moving forward with a home purchase. Here’s why:

  1. Confidence in Your Move: With your orders in hand, you can move forward with confidence, knowing exactly where and when you’ll be relocating. This eliminates the uncertainty and allows you to make informed decisions.

  2. Smooth Financing Process: Lenders require proof that you’ll be living in the area where you’re buying a home. Your confirmed orders provide the necessary documentation, making the loan approval process much smoother and faster.

  3. Peace of Mind: Waiting for your orders ensures that you can secure financing, make a confident offer, and proceed with the purchase without the looming risk of changes to your plans.

Steps to Take While Waiting for Orders

While waiting for your orders, you can still prepare for your home purchase:

  1. Research: Start researching potential neighborhoods, schools, and amenities in your future location. This will help you narrow down your options and be ready to move quickly once your orders arrive.

  2. Get Pre-Approved: Although you might not be able to finalize financing without your orders, getting pre-approved for a mortgage can give you a head start. It shows sellers that you’re serious and helps you understand your budget.

  3. Make a Wish List: Determine your must-haves and nice-to-haves in a home. This will help you focus your search and streamline the decision-making process once you’re ready to buy.

We’re Here to Help

Navigating the home buying process as a military member can be complex, but The Driggers Team is here to support you every step of the way. If you have any questions or need assistance, don’t hesitate to reach out to Nathan Driggers directly:

We’re committed to making your home buying experience as smooth and stress-free as possible. Let’s work together to ensure you find the perfect home at the right time.

Looking forward to helping you, The Driggers Team

Erin G
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