Are you prepared for your next move? Better yet: are you financially prepared for your next move?
The reality is that the costs associated with a move can easily total 10 percent of the cost of your home. It is therefore important to consider all of the associated costs and to determine whether a move is right for you. After all, moving costs can eat up a large portion of the profit you may make from the purchase of your existing home.
Moving Costs to Take into Consideration:
- Realtor fees - Realtor fees can total as much as five to seven percent of the selling price of your Jacksonville home, thereby making a large dent in your overall profit. However, to avoid these costs you must sell your home yourself, thereby resulting in listing, marketing and advertising fees, just to name a few.
- Closing costs - Closing costs, which include escrow fees, title fees and home warranty plans, can also total a few thousands dollars.
- Moving costs - Moving costs may include packing, moving van rental, moving company costs and out-of-town moving expenses. These costs can run anywhere from a few hundred dollars to several thousand dollars, depending on the size of the move and the distance of the move.
- Home improvement costs - Fixing up your home and performing basic, home improvements before you sell your Jacksonville property can prove to be quite costly. However, it is important to remember that home improvements are vital to the selling price of your home.
Basic, home improvements may include paint, electrical work, cleaning services, new carpeting and flooring, new lighting fixtures, landscaping, appliances and exterior maintenance. Add to that the services of a general contractor and it could cost you hundreds, perhaps thousands, of dollars to get your home in tip-top shape when it comes to sell.
;)
;)
