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Relocating? 5 Important Things to Consider
from: John GrothRelocating? Here are 5 Things to Consider
Relocating is exciting for some and a big problem for others. There are many reasons for this. You may move for a career opportunity, to move into a bigger home, or even to start a new life. You might be really looking forward to moving to a new area, meeting new people, and having new experiences.
But if the move is not carefully planned, relocation and runaway relocation costs can turn what could be a smooth move into a difficult and stressful experience.
Here are 5 key things to consider to make your moving and relocation an overall stress free experience:
1. Whenever you make the final decision to move, consider the possible changes in living costs in the new area. Things like utility costs (you may be considering moving into a larger home in a warmer or colder climate) commuting costs (there can be as much as .50 a gallon or more in gas costs state to state) or higher state and local taxes all can take a big bite out of a new salary. You want to be sure that you can afford to live in the new area, and that your new job will pay you accordingly or if moving to retire, won’t eat up your planned retirement income.
Don’t forget to factor in all the relocation costs of the move. Is it a corporate relocation with a relocation package and everything reimbursed or are you going to be paying for the moving van and everything associated with the move?
2. After you’ve made the decision, make a checklist, with as accurate as possible calendar of all the things you need to do. For example, important documents such as warranties, tax records, receipts, medical records, genealogy documents are just some of the items that should be set aside and kept safe. Get referrals from you doctor and dentist on professionals at your new location. Establish a bank account at the new location (maybe you’ll get lucky and you present bank has a branch in your new area).
3. Hire a moving company with a great reputation. Ask friends and have the prospective moving company give you the names of three recent customers. Call the customers to get their experiences. Problems, how were they solved? Did the company back up their promises? Check with the BBB. If the company is not competent enough, you might end up in a long drawn out mess. Have all the costs and payment methods in writing and upfront. You don't want to have the moving company damage your belongings with no quick method of getting the item fixed or you compensated for the loss.
Most moves occur in the summer, so if possible try to move at other times of the year. You will be more likely to have the first team making your move.
4. If renting, you may not want to cancel your existing lease too soon. Your travel date may be postponed or some other unplanned contingency may come up. You will end up sleeping on the street. Build in some extra time in your moving plans.
Also, if you own a home, don't make the closing timeline to tight. If possible, make the relocation first and then go back for the closing later. Build some time into your moving plan so the new home is vacant for the time it would take for you to remove wallpaper, paint, and have carpeting replaced or floors refinished. (Nothing raises more havoc with the new move than having to move furniture while you paint and do other renovations.)
5. In the new area find an experienced Realtor who really knows the entire area. Interview, by phone, at least three Realtors from the new area. Write out your questions before the phone interview. Pick the best, but if the first three come up short find three more to interview. (The internet is great for sourcing Realtors). The right Realtor with a broad knowledge of the whole area will help you focus on homes that match your financial and other requirements.
6. (Bonus if you have children) Most of the time, children resist changing their neighborhood. They have friends they do not want to leave. They are comfortable with their school. However, keep them informed on the decision making process. If possible take them on a trip to the new area. Be positive and explain they will still have their bed and toys and other familiar things. If you’re positive about the move they will pick up on your attitude.
Follow the above 5 tips in getting started and you’ve made a good beginning toward a smooth stress free move.
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