Joe Duggan, BROKER/OWNER's Blog
Moving is stressful at the best of times. But when you’re moving across the country rather than across town, it adds to the number of preparations you’ll need to make.
In this article, we’ll give you some tips on how to best prepare for your long-distance move, whether it’s across the state, across the country, or to another country altogether.
Packing and moving
One of the biggest concerns you’ll have during a long distance move is the condition of your belongings.
If you’re using a moving company, you’ll want to make sure you trust them to handle your belongings with care. To ensure that they’re responsible movers, read over their reviews online. It’s also a good idea to review their contracts and to make sure you have enough insurance to cover any costly damages or losses. Speaking of moving companies, be sure to shop around to find out which one offers the best prices and delivery windows.
When it comes to packing your items, air on the side of caution and start boxing items well in advance of your move. Not only is it a good idea to label your boxes by room, but you should put your name and contact information on your boxes if they’re being shipped by a large moving company.
Remember that not everything needs to be in boxes. Soft items like clothing and towels can easily be packed in trash bags, suitcases, and duffel bags. You’ll be able to squeeze in more items and they’ll take up less space in the moving truck.
When filling the moving truck, be sure your fragile items aren’t the top box on a stack of boxes. Similarly, you don’t want fragile belongings underneath too many heavy boxes. Your movers likely have their own way of securing boxes, so be sure to indicate to them which boxes are the most fragile with labels.
Downsize your belongings
The month leading up to your move is a good time to sell or donate items you no longer use. It could save you space on the moving truck, and you could earn a few extra dollars before your big move.
Larger items should be your top priority. Bicycles, lawnmowers, and other big items that you’ve been thinking of replacing can be sold now and you can buy new ones at your future home. However, don’t discount the weight and size of things like DVD and book collections. Many people lug around bookcases from house to house and hardly ever touch the books on them. Furthermore, technology like Kindle and Netflix are making owning physical copies of your media less of a necessity.
Before you start packing the rest of your items into moving boxes, make sure you set aside a “survival kit” filled with your daily use items. Things like cell phone chargers, glasses and contacts, and sanitary items should be in your vehicle or carry on, not in the moving truck.
Moving is expensive, but there are a number of ways you can squeeze some savings out of the experience. First, take advantage of free boxes from local stores and restaurants. Then, ask for friends and family to help you pack rather than hiring professionals, offer them lunch in exchange for their help.
When it comes to getting to your new home, don’t rule out flying as being the most expensive option. Hotels, gas, and eating out add up quickly if you’re making a road trip out of your move.
Finally, see if your move is tax-deductible. If you’re relocating for work, there’s a chance some of your moving expenses will be. If so, be sure to keep all of your receipts along the way.
11 Clyde St, Malden, MA 02148
Once you have found the home that you want to live in, put in the offer, and start the process of closing on a home, you may feel like you’re “home free.” The hard part may technically be over, but there’s one more important thing that you need to think about before you get the keys to your place: Closing costs.
A few days before you head to sign all of your paperwork to close on the home, your lender will send you a detailed report of different closing costs that you need to pay upon the settlement of the property.
Closing Costs Defined
Closing costs are what you pay to the lender and third parties. These are due at the time of closing on the property and must be paid up front. You should estimate that your closing costs will be between 2 and 5 percent of the purchase price of the home.
Everything Included In Closing Costs
Closing costs cover both one-time and recurring fees that are a part of your home purchase. The one-time fees are things that are generally associated with buying the home. These would include attorneys fees, lender fees, home inspection fees, document prep fees, underwriting fees, credit report fees, and realtor fees. You’ll also need a bank issued check for your down payment at this time.
At closing, an escrow account will be set up. This is like a forced savings account that will be drawn from to cover things like taxes, insurance, loan interest, and title insurance. These are all very important costs that are a part of buying a home.
Do Your Homework Ahead Of Time
The best way to deal with closing costs is to be prepared ahead of time. Talk to your lender in order to get an estimate of the closing costs. From there, you’ll need to decide if you need to finance your closing costs or simply pay them up front. There are advantages to both approaches. Sometimes, lenders will look at you as less favorable if you need to finance all of your closing costs. It all depends on the terms of your loan. This is why research is vital.
Compare Rates And Lenders
It’s important not to go with the first lender you talk to. Get some recommendations from your realtor and friends to see who might be a good fit for you. Every lender specializes in something different, so you want to be sure that who you chose is a good fit for you.
The most important thing that you can do with closing costs and the financing of your home is to get educated!
21 Charles Street, Georgetown, MA 01833
After you complete a condo inspection, you'll need to make a major decision: Should you move forward with your condo purchase or rescind your offer?
Ultimately, there are several important questions to assess before you finalize your decision on a condo, including:
1. What was discovered during the property inspection?
Study the results of a condo inspection closely. By doing so, you'll be able to learn about a condo's strengths and weaknesses and plan accordingly.
A property inspector will evaluate a condo both inside and out. He or she also will provide honest, unbiased feedback, enabling you to make an informed decision about how to proceed with a condo.
Take into account major and minor condo problems that a property inspector discovers. And if this inspector finds minor flaws associated with a condo, you may want to stay the course and move forward with your initial proposal.
On the other hand, if a property inspector finds significant problems with a condo, i.e. issues that may prove to be costly and time-consuming, you may want to consider rescinding your offer. Or, in this case, you can always ask the condo owner to complete property repairs before you finalize a condo purchase.
2. How much will it cost to perform assorted condo repairs?
The costs associated with condo repairs will vary. However, if you allocate the time and resources to learn about condo problems and the costs associated to fix these issues, you may be able to avoid expensive, time-intensive mistakes.
For example, consider what might happen if a property inspector discovers a defective kitchen light switch in a condo. Although this light switch is a problem, the time and costs needed to repair or replace the faulty light switch likely are minimal. As such, a condo buyer may choose to ignore this problem, or a condo owner may be willing to complete the fix quickly.
Conversely, consider what could happen if a property inspector finds that a condo's furnace is defective. It may cost thousands of dollars to fix or replace a faulty furnace. As a result, a condo buyer may ask the property seller to repair or replace the defective furnace. And if the condo owner fails to do so, a buyer may choose to walk away from the condo purchase altogether.
3. Can I enjoy this condo both now and in the future?
It is essential to consider both the short- and long-term ramifications of a condo purchase. That way, a condo buyer can determine whether a property can serve him or her well for years to come.
A property inspection offers valuable information that a buyer can use to assess the pros and cons of purchasing a condo. Furthermore, a condo buyer who works with an experienced real estate agent can get the support needed to make the best decision possible.
Consider the aforementioned questions as you evaluate your options following a condo inspection, and you should have no trouble deciding whether a particular condo is right for you.