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According to Onslow County GIS mapping, 27 properties underwent foreclosure in the first two months of 2018. While only one of those properties was taken over by Veteran's Affairs, which indicates it was military-related, the peak time for PCS moves is May 1 to Aug. 31, said Maj. Lori Miller, Camp Lejeune Public Affairs Officer. However, Vernon Foster, who runs the property management firm titled Vernon Foster in Kinston, explained that some military families choose to rent instead. Selling a home can be difficult when the family is uprooted on PCS orders and only has a few weeks to relocate, said Gary Long, real estate agent for Military Relocator. “The issue for this market is if you’re in the military, you buy a house and all a sudden you get orders -- it’s not like you can you’re a normal seller and take your time,” Long said. The tough rental market can make it harder on military families in the long-run, he said, where competition for rental properties makes buying look better. For families who choose to rent there are certain benefits to renting, including no contending with changing market values, Foster noted in an email to The Daily News. “They are not responsible to pay the real property taxes, hazard insurance or maintenance/upkeep of the leasehold,” Foster wrote. On the other end, some families may choose to rent out their home rather than try to sell while working against the limited timeline of a PCS move.
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