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Moving? Here are 5 Costly Mistakes You Should Avoid

By Jamie Richardson | February 26, 2018

There’s more to moving than packing your stuff in boxes and renting a truck. Actually, successfully relocating can be as intense as running a small business. It requires elaborate planning, strategy and budgeting.

Rushing through the process and ignoring some of the important factors can make for both a stressful moving day and a frustrating couple of weeks or months thereafter. Here are some of the disastrous mistakes people make when moving to a new home.

1. Selecting an Unsuitable New Home
If you fail to thoroughly research your new home and match it to your expected lifestyle preferences and needs, you will be at risk of making a costly mistake. Whenever you are looking for a new home, it’s only natural that you pay attention to things that will affect your living experiences.

First, make sure the home is in a safe and prosperous neighborhood that is easily accessible from your workplace, your kids’ school, quality healthcare centers, recreational parks and entertainment spots. Second, the home should be spacious enough for the kids and pets to play, but not too large as to feel empty.

Third, make sure you carefully assess the condition of the property beforehand. A home that needs plenty of renovation and repair can place a heavy financial burden on your shoulders. Fourth, rent a home you can afford to lessen the strain on your finances.

2. Failing to Plan Ahead
Like many aspects of life, procrastination is perhaps your worst enemy when it comes to relocation. Even what seems like a relatively small move such as moving across the neighborhood or packing a studio apartment can be frustrating and expensive if not planned well. Most experts recommend planning your move several months in advance.

Set up your family’s travel arrangements, identify a professional moving company, start packing stuff you don’t use regularly early and get in touch with utility companies. Create a binder or notebook that’ll contain all relevant moving documentation. Alternatively, you can store this information in a cloud storage app such as Google Drive.

3. Choosing the Wrong Moving Company
Your choice of a moving company is critical. The wrong moving company can lead to higher costs than you should otherwise incur. That’s why price shouldn’t be the only thing you look at when identifying the right mover. A moving company with a low quote could leave you with damages and losses that wipe out any savings you thought you would make. If you want a stress-free move, make sure to hire reputable companies like americansmover.

Remember that once all your stuff is in their truck, the balance of negotiating power shifts decisively in the moving company’s favor. If you find unusually attractive deals online, talk to your family, friends and coworkers who’ve used the service and establish what their experiences were. Enter the company’s Department of Transportation number in the FMCSA’s SAFER System to ensure they’re adequately insured.

4. Failing to Check the Delivered Boxes
Moving is both exhausting and exciting. The excitement usually starts to override the exhaustion once the moving company begins to deliver the items to your new home. It’s therefore possible for you to, in the heat of the moment, fail to inspect the boxes and check each against your inventory of items.

Inspection entails confirming the boxes are still properly sealed, that larger household items are in good condition and that your valuables are not lost. If you do not report missing or damaged items to the moving company early, you may find it difficult to settle the matter amicably without the need for costly and stressful legal recourse.

5. Splurging on Shopping After the Move
Even if the city or neighborhood you’ve moved to is somewhere you’ve been before, there’s often a palpable excitement to explore the surroundings of your new home and spend on some shiny items. Resist the urge to rush into stores the same night or the day after your move except for groceries and other basics.

For everyone except the super-rich, moving is a costly affair that will dent your savings. Take time during the first couple of days to assess your finances and prepare to respond to any unexpected expenses that will certainly come up. Once you’ve regained your footing after a few weeks or months, you’ll have the flexibility to make a broader set of financial decisions.

By keeping an eye on these potential pitfalls, you can make your moving experience much more pleasant.

Jamie is a 5-year freelance writer who enjoys real estate. He is currently a Realty Biz News Contributor.
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