Are Military Families Victims of an Energy Scam?

Are Military Families Victims of an Energy Scam?

image for Are Military Families Victims of an Energy Scam?

Image: – by Lizann Lightfoot – Macho Spouse

 

Does anyone else feel this is a issue? I know we've been hit a few times with outrages electric bills even when the house was empty for a month.


Are Military Families Being Scammed by their on-base Energy Company?

Imagine this: you live in military base housing, where your service member's paycheck is supposed to cover rent and “normal utility usage.” Then you receive an electric bill for $400. You have no idea why, so you contact the energy company. They say you must deal with your base housing management office. The Housing office tells you that everything at the house seems normal. So you cut back and conserve energy. The next month, your bill is even higher! You now owe almost $900, or an entire paycheck for many military families. When you complain, the Housing office says you must pay your bill, or be evicted within 3 days.

Sound like a nightmare? Unfortunately, for military families across the country, this is a reality.

What is the Resident Energy Conservation Program?

Check out the full article.

 

See also...

image for When She Comes Home

When She Comes Home

The following article was written for us by Ann Rayne, we found it very informative and full of solid advice.

When your loved one is away, it can be hard getting used to taking care of everything at home on your own. However, in some cases, their homecoming can be just as stressful as their absence.

Of course you want to help them enjoy their time off as much as possible, but sometimes, especially if you have little ones that require a lot of attention, there's no avoiding the stress of responsibilities that come with being home. You can get overwhelmed trying to find the balance between making their return home relaxing and incorporating them back into the daily routine. Also, they can get overwhelmed trying to take on their share while transitioning back into home life.

HuffingtonPost.com interviewed Sgt. First Class Kent Phyfe and his family to talk about the stress of homecoming. He said that while coming home is great, his wife doesn't deny that reintegrating him back into family life "is one of the hardest parts about being a military couple." He explained that the spouse at home has to be the mother and the father, taking over all the roles in the house. It can be difficult to release the duties at the drop of a hat to another person. While it's an issue that sounds trivial to those that don't experience it, it is actually quite straining on a couple.

 

image for What Does

What Does 'No Money Down' Really Cost?

FlagHouse.jpgIs it possible to buy a home with no money down? If you or your spouse qualifies for a VA home loan, the answer is yes. VA home loans are a special benefit available to current and ex-members of the U.S. military only and they can save homebuyers a lot of money. Veterans and active members of the U.S. military are eligible for some of the lowest interest rates on the market but that's not the only way VA Loans save buyers money. VA Loans are also "No Money Down" home loans.

Understanding "No Money Down"

"No money down" means homebuyers don't have to provide a down payment to obtain a VA Loan. Traditional mortgages or home loans require as much as 5% to 20% of the purchase price as a down payment on a home. On a $200,000 home that is between $10,000 and $20,000 that must be provided at the closing. Saving up that much money for a down payment is a huge stumbling block for many would-be buyers. They may have the credit and income qualifications needed to obtain a home loan, but just can't come up with the down payment. Too often they end up not buying their own home or they miss out on the home they really want.

The VA Loan program changes that and makes homeownership more accessible by waiving the down payment requirement. VA Loan mortgage lenders are willing to forego this requirement because VA Loans are backed by the U.S. Government. This minimizes the risk to lenders if a buyer defaults, which is one of the primary reasons down payments are typically required.



 

Share on social media

Macho Spouse uses AddThis share buttons so you can easily share your favorite content from this site to your Facebook, Twitter, and more.
To share this on social media, click on the share icons. You will be prompted to connect your social media account if you have not already.
Thank you for sharing!

 

Comments


Got something to say? Sign up or login to participate in the conversation.