West Palm Beach Area Relocation Pack
Most relocations include a period of "in-between time," when you initially move to your new town and begin the process of settling in and looking for a place to lease or purchase. If you are planning on leasing, or if you've made several preview trips and have contracted on a new home, this interim period may only be a couple of weeks. In this case, a hotel or suite-hotel usually works best.
However, if your interim period is going to be close to 30 days or longer, you will probably want to opt for temporary "corporate housing." Corporate Housing is a property that comes fully-furnished with room suites of furniture, cookware, linens/towels, small appliances such as coffeemakers, irons & alarm clocks, major appliances like microwaves, refrigerator, stove and washer/dryer, plants & pictures, accessories, maid service and all utilities included, even local telephone service and cable TV.
While renting has always been and continues to be an interim option during the home purchase process of a relocation, more and more it is becoming a long-term preference. Frequent moves, greater flexibility, rising ownership costs and amenities available through renting are great advantages. People today are renting in greater numbers, not just as a temporary step on the way to home ownership, but for the lifestyle they enjoy through renting.
Some of the factors to consider when deciding whether to rent or buy are:
The cost, availability and variety of rental housing possibilities will vary tremendously in different parts of the country. While a large city will offer a far greater number of rental properties and a greater variety of styles and amenities, they will also be much higher priced and may even have an extremely low vacancy rate. On the other end of the spectrum, small towns also tend to have a very low rental vacancy rate, simply because of the lack of rental housing there. Mid-sized cities will generally have the greatest choices available.
Initial costs on a rental property usually include one month's rent security deposit, additional deposits if you have a pet (many rentals do not allow pets), first month's rent and/or last month's rent depending on the area, and an application fee of generally $20-75. Be sure and get renter's insurance; if you don't, your personal belongings will not be protected in the event of a burglary, fire or any other loss.
Read lease agreements thoroughly, as they can vary greatly between states and even individual landlords. It is wise to have an attorney review leases. Be sure you understand what you and the landlord are each responsible for when it comes to utilities, maintenance and repairs. Although the most typical lease term in the U.S. is 1 year, this can be negotiable too. Know what your liabilities are if you have to break your lease early.
Careful consideration is needed when deciding whether to hire a moving company or do it yourself. Many factors are involved, such as the distance of the move, the size of your household, the time factor involved and the budget or company reimbursement you have for this expense.
When coordinating the move of household goods, several items require special care and attention. Anytime you are moving pets, automobiles, waterbeds, antiques, plants, waterbeds or office/high-tech equipment, extra planning and coordination is necessary.
The two major items that need special moving are autos and family pets. When considering automobiles in a move, often a full-service moving company will place a vehicle in the moving van. When moving yourself, auto tow-trailers can be hitched to the back of a moving truck. These arrangements, however, usually only handle one vehicle. When considering a second or third vehicle, there are several options:
"Timing is everything" when arranging a professional auto move. Scheduling the move can be a challenging, complex and sometimes overwhelming undertaking. There are school and office hours to consider, for example. It is important to use an auto mover that coordinates the move so that it most suits your needs, creating a smooth transition.
Before you leave:
At Moving Day:
Here are some steps you may want to take to ensure results and a positive relocation:
HUD and REO Homes
HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.
The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.
VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.