When you’re selling your current home and making the move towards a new one, timing is everything. It’s stressful trying to close a home when you’re making a new set of payments, bills, and moving expenses. Between the property search, moving process, and change of address. Our team at Rieger Realty has round up five things you should consider when timing a move.
1. LEAVING ON GOOD TERMS
The time between moving from your old home to the new, all depends on the terms you negotiate with your buyer. Normally, the buyer holds possession at the time of closing, but your real estate agent may be able to negotiate a move-out date. Be sure to carry out this process before the sale contract is signed, and included the detailed conditions.
2. IT’S ALL ABOUT COMPROMISE
Buyers will often agree in giving sellers week to 10 days to after the close for vacating. But if it’s not an option, both parties can establish other parameters that may help the moving process. An example of this may be the seller having the option to utilize a storage building located on the property.
3. LEASING BACK
You and the buyer will need to file a separate agreement, outlining the details of when the home is to be vacated. If you have the option to remain in the home after the close, the buyer has the option to lease the home to you, allowing you stay until a certain point.
Have your real estate agent work with you on this, representing you during the arrangement to avoid any misunderstandings about the moving date. If you choose to lease, determine how long you intend to stay as well as an agreed rental price.
4. GET TO MOVING
Before you pack a single box, go through every room of your house and decide what to keep, get rid of, or donate. A month before, choose your moving arrangements, order supplies such as boxes, tape, and bubble wrap then begin packing. Keep yourself sane by labeling each box with the designated room it’s intended for.
5. CHANGE OF ADDRESS
Packing is a feat on its own, but don’t forget to conduct a change of address. You may readily think of the post office, but there are many more accounts you’ll need to switch over. First things first, transfer your utility services so that they’re up and running on move-in day. Next, file a change with the post office to have your mail forwarded.
Lastly, follow this list below to ensure you haven’t forgotten anything.
Place of employment
Credit card company
Health insurance company
Life insurance company
Car insurance company
Dental / vision insurance company
Rental / home insurance company
Doctor, optometrist, dentist, and other service providers
Subscription services such as Hulu or Netflix, newspapers, magazines, rewards programs, and app accounts.
Friends and family, you’ll need to notify them before holidays!