Sometimes when one is moving, it is not because you want to move for the location, rather it’s for a job. How do you know if the stress of moving will be worth it? Here are some tips to keep in mind if you are considering relocating for a job.
One thing to look out for is if the employer will offer you temporary housing, as most times a job wants you there faster than your family can get there. Will the employer cover this temporary housing, or at least help you find somewhere to live until you can find a new home?
Once a job has been offered, make sure to ask about your family needs as well. Will your employer help with finding adequate childcare, or senior care if you have an elderly relative staying with you? What about your pets, who will help care for them in the meantime? It is also important to look at schools in the area as well as day care centers too.
Another important thing to consider is the commute to work. You may find a house you fall in love with, and then once you being to commute to work, find that the journey is unbearable. Make sure to ask your employer about various types of commutes you can take in order to get to work, and the traffic as well.
Find out if your employer will compensate you. Some people want to give their best candidates an incentive for moving out to their location. Find out if this particular employer will help you move and compensate your for your travels. Find out what relocation monetary assistance the employer offers and what this entails. It is important to see what they will help pay for such as temporary housing or moving costs. Some companies will have relocation specialists help work with you and find appropriate locations for you and your family to move too. A good employer will help make this gigantic move as stress-free as possible.
Deciding whether to rent or buy is quite the major decision. This choice truly does affect your lifestyle and savings as time goes on, so it is very important to do your homework and be prepared when deciding. This post will talk about the pros and cons of each to make the decision a little easier for you.
Home ownership gives you a sense of stability, so if you are a person who gets restless easily or moves quite often, then this is most likely not a good choice for you. If you need to move frequently, and the housing market happens to be down, then it would be much harder to sell your home and you may actually loose money in the process. Now, if one were to rent in this same situation, you would be able to move without penalty every time your lease ends.
A very popular myth is that by renting, you are “throwing away” money each month. This is not true. Living somewhere will always cost money. The cost of a home sometimes can even be higher than the cost to rent. There are some expenses you can avoid if you rent that you cannot if you are buying such as property tax, water and sewer service, trash pickup and many more.
Renting is alot more predictable financially wise because you always know exactly how much you are going to spend per month. When you own, you may just pay your mortgage and bills, but then next month you may have to replace your roof unexpectedly. Renters would not have this unpredictably. Although, renters could have their rent increase without notice every time your lease is up for renewal.
Owning a home can be unpredictable at times over things you cannot control. The neighborhood you live in could decline, a major employer could move out of the area and the population could significantly decline. Tax deductions are not a reason to buy a home because in the end, the tax break decreases as your proportion of your mortgage payment decreases. Deciding which option is best for you goes beyond the money. It is also about comfort and your lifestyle.
Sometimes you may wonder to yourself if it is better to buy a house or just build one yourself. When considering this, there are a few things to keep in mind.
The most important thing to consider, is if you can afford it! Consider the construction costs of building a house. Take into consideration the lumber cost, if the land plot needs additional surveying and ensure you have wiggle room if need be. You can never predict everything that could happen.
Do you have time to wait for the house to be built? This process is a very lengthy one. This can take around 6 to even 18 months to build, depending on how complicated your house is. If this is too long, buying an already built house may be your best bet.
Can your relationship take the stress? Sometimes there are many decisions you must make with your partner in order to finish building the house. If you two don’t agree, this process will become even more stressful and long.
Is this a longtime place you will live? If you don’t plan on staying in the house for very long, it may not be worth it. After waiting so long for a house to be built, only to move shortly after may backfire. You may become emotionally attached to the house or just so exhausted you do not want to move anywhere else.
One more thing to take into consideration, what do you need for this house and what do you want? These are two very different things, and is something you must be able to make sacrifices for. Building a house can be expensive, so make sure you build what you can afford and need.