Mortgage Lender Tips: Guide to Moving Out of State

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Moving to a new state is an exciting prospect. However, you’ll need to plan and prepare in advance to make sure the process goes smoothly. Ideally, you’ll want to start planning logistics for your move well before your departure date. Read on for tips from a trusted mortgage lender about how to have a successful move.

Create a Plan

Before moving from one state to another, it’s important to develop a master plan that considers all the factors of your move. This should include setting a moving budget to determine how much you can comfortably spend in the moving process. Your plan should also cover transporting your belongings from your current home to your new location. Decide which items you want to bring along or get rid of beforehand and whether you intend to move your belongings yourself or hire a professional moving company.

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Minimize Your Belongings

Moving is the perfect time to sort through your belongings and get rid of anything you don’t want or use anymore. Some items, such as clothing, bikes, and furniture may be in good enough condition to sell through a garage sale or an online site such as Craigslist. Keep in mind that you can also donate certain items, such as gently used clothing, to a charity organization. In turn, you may be eligible for a tax deduction.

Be aware that moving expenses are largely based on the volume of belongings that you bring along. The more you can pare down before leaving the better, as you’ll save money during your move.

Visit Your New Location

If you’re making the effort to move someplace new, you’ll want to make sure beforehand that you’ll be happy there. Before packing up and moving to another state, it’s a good idea to visit the location at least once so that you can get a better feel for the city and its different neighborhoods. When you arrive, visit the local tourism office to pick up brochures and guides for local attractions, including restaurants and popular sites to visit. Doing some research on your own is another good way to get a feel for the area. If you are traveling with children, remember to research the schools in your new area as well.

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Find Housing

Once you’ve seen the place you want to live and settled in a good neighborhood, it’s time to start searching for a new home. Ideally, you can find a place to live before moving out of your current home. The process of finding and buying a home can take some time, so you should start your search as early as possible. You’ll want to shop around for a mortgage lender as well to make sure you are getting the most favorable rates available for a mortgage Las Vegas. Working with a local real estate agent is another good way to locate a mortgage company Las Vegas that offers favorable rates. If possible, you might also want to consider renting a place for six months or more to make sure you like the neighborhood and location before committing to buying a home.

Budget

Planning a budget for moving to cover your known expenses for the move is important. However, you’ll also want to put some extra funds in reserve to cover emergencies that might arise during your travels, such as weather events, extended stays in a hotel, moving delays, and more.

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Hire a Moving Company or Move Yourself?

You have two options for getting your belongings from one place to the next, which are moving them yourself or hiring a professional. One of the most important considerations to think about is price. On average, it costs about $4,900 to hire a professional moving company to move out of state. Moving yourself might be slightly less expensive, but you will still need to pay for moving supplies, moving containers or a moving truck, and other expenses.

If you decide to hire a professional moving company, experts offer some tips to ensure you’re working with a reputable company that meets your needs:

  • Get quotes
  • Research the company
  • Read all paperwork

Prices for moving companies can vary widely, so aim to get at least three quotes for a price comparison. Once you’ve found a few that look good, do some background research to check their insurance, licenses, and more. Lastly, read each company’s quotes and paperwork carefully to learn more about which services they do or do not provide.

If you are moving yourself, you will want to pack strategically. Your belongings should be packed into boxes according to their location in the house, such as the living room, kitchen, and dining room. Pack the non-essential items first that you won’t need to access right away, such as books and decorative items. The essentials should be packed within easy reach, including dinnerware, toiletries, and kitchen goods. Your important documents should be packed separately in a safe location and clearly labeled for easy access.

Make Travel Arrangements

Before traveling, you’ll want to make any necessary plans before your move. That includes booking plane tickets, renting a car, making lodging reservations, and arranging to ship your car if you are not driving yourself. If you’re hiring a moving company, coordinate your travel plans with the company’s estimated arrival time. A general rule of thumb is that it will take movers about one week and sometimes longer to move your belongings.

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loan officer Las Vegas

Update Your Accounts and Cancel Memberships

If you have a membership at a local gym, library, sports club, or other location where you currently live, cancel or transfer your memberships as soon as possible. Some membership programs will require at least a month’s notice to cancel. Your important accounts, such as bank accounts and credit card accounts, should be updated with your new address as soon as possible.

How a Mortgage Lender Can Help You Move Out of State

To help make your cross-state move a success, it helps to have a professional on your side. An experienced loan officer Las Vegas can help you prepare for a move and find a new home in the area. Contact us today for expert advice on moving and to ensure a smooth transition.

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