Michelle Phillips

NMLS # 257767

757-366-8690

mphillips@tidewaterhomefunding.com

Michelle Phillips Senior Mortgage Advisor

Relocating in the New Year: A Fresh Start in a New Home

Relocating in the New Year: A Fresh Start in a New Home

 

 

 

 

 

 

 

 

 

 

 

 

As the New Year approaches, many of us consider making significant changes, and for some, this means relocating to a new home or city. Relocating can be an exciting opportunity for a fresh start, offering new experiences, opportunities, and challenges. Whether you're moving for work, family, or just a change of scenery, here are some essential tips to make your relocation in the New Year smooth and successful.

 

1. Research Your New Area Thoroughly

Before you move, take the time to research your new area. Look into local amenities, schools, healthcare facilities, and public transportation options. If possible, visit the area and explore neighborhoods to get a feel for where you might want to live. Websites, blogs, and social media groups can also be valuable resources to learn about your new community.

 

 

2. Budgeting for Your Move

Relocating can be expensive, so it's important to set a realistic budget. Consider costs such as hiring movers, renting a moving vehicle, purchasing packing supplies, and any initial expenses in your new home, like deposits for renting. Don't forget to factor in the cost of living in your new location, which can vary significantly from place to place.

 

 

3. The Right Time to Buy or Rent

The New Year can be a great time to buy a new home due to potentially less competition in the housing market. Sellers might be more motivated, possibly leading to better deals. If you're renting, the winter months often see fewer people moving, which can lead to more choices and potentially lower rental rates.

 

 

4. Secure Employment

If you're moving without a job lined up, it’s crucial to have a financial cushion. If you’re relocating for a new job, understand your new role and any changes in your cost of living. This is also a good time to update your resume and LinkedIn profile, and network within your new community.

 

 

5. Plan Your Move

Organization is key to a successful move. Create a timeline and checklist of things to do before, during, and after your move. This includes changing your address, transferring or setting up utilities, and important documents you’ll need on hand.

 

 

6. Packing and Downsizing

Moving is a great opportunity to declutter and downsize. Sort through your belongings and decide what to take, sell, donate, or throw away. Label your boxes clearly and keep an inventory to make unpacking easier.

 

 

7. Settling Into Your New Home

Once you've moved, take your time to settle in. Unpack systematically, starting with essentials. Explore your new neighborhood and connect with your community. Be patient with yourself as you adjust to your new surroundings.

 

 

8. Home Financing

If you’re planning to buy a home, consider getting pre-approved with our team for a mortgage before you move. This will give you a clear idea of your budget and make the homebuying process more efficient.

 

 

Relocating in the New Year can mark the beginning of an exciting new chapter in your life. With careful planning, budgeting, and organization, you can ensure that your move is as smooth and stress-free as possible.  Our team is here to help you with any home financing needs to make your dream of a new home a reality.