We do ask that they at least try to put a family member in the home so there is still a direct connection to the property as typical landlords tend to put rent money in their pocket instead of using it to maintain the home.
As far as finding out when they actually move out and try to turn it into a rental property is pretty simple, but I can’t disclose exactly how it’s done. (And no, it’s not through a vast network of volunteer spies, kmjatl!) 🙂
Actually I can’t really disclose how we find out about a home being turned into a rental property, but there’s definitely nothing cloak-and-dagger about it.
In a case such as deployment, we again would look at it case by case. There are definitely other options than just renting out the home as well as certain legal protections for active duty military personnel.. The purpose is for your family to be in the home, and all someone would have to do is contact our Member Assistance Program for us to start working on the best way to help you.
Is it something simple like the mortgage statement is mailed somewhere else? And if I have my mail sent to another address will that cause an issue? There’s a difference between a secure box at a UPS store and an unsecure mailbox on the street…
(yeah, had one too many experiences with Identity Theft…)
Yes, it can be removed. To my understanding, it’s a lien to prevent people from using the program for flipping a home. For a legit reason, releasing it is should not be a problem. Ttrumble or your local NACA office can assist.
It’s all good. People sell houses acquired with NACA all the time. Just call member services or your local NACA office first thing on Monday morning and they’ll be to get you started on the process to remove the lien. Shouldn’t cause any snags in your sale.