Barbara's Blog - 8 Ways To Save Money On Your Move

By
Real Estate Agent

Moving isn’t easy by no means. It is time consuming, stressful and can be very expensive. There are a few ways to make moving less painful (not pain-free, just less painful). Here are 8 ways that can help.

1. Don't take it all with you

Any furniture or appliances you will no longer want or need can be included in the sale of your home. Doing this can save you time and money. Your buyer may be moving from out of state or buying their first home and may appreciate the items left behind.

 

If the buyer does not want any of your old things, you can always donate to a local charity. Many charities offer item pick up for free, so you are doing a good deed and saving money. Donating items are also a tax write off.

 

2. Leave the flat screen

I know this sounds crazy, but it may be more cost effective to leave a mounted TV especially if it is more than a few years old. If it makes you more comfortable, you can compare the cost of a new TV to the cost of repairing the wall behind the TV and the cost of taking it down and moving it (if you don’t do it yourself).

 

3. Negotiate everything

"Shop around before choosing a mortgage lender, but don't stop there," said Bankrate. "When you receive your good faith estimate of closing costs, or GFE, the negotiation hasn't ended." This itemized list of estimated closing costs includes lender's fees as well as items such as appraisal charges and title insurance premiums.

 

"The lender or broker charges some fees, and third parties charge others. The first step is to find out which are loan origination fees and which are third-party fees. Don't guess. Ask the lender or broker."

 

Bankrate advises that while "some items are non-negotiable: taxes, city and county stamps, recording fees, prorated interest and reserves," negotiating on others that can "be waived or reduced" can save you money."

 

4. Barter for services

It never hurts to ask, right? If you have workers come over to give you an estimate and you notice they are admiring a piece of furniture you are not too attached to or can do without, you may be able to make a trade or lower the price of the work you want to get done.

 

5. Move Smart

Consider a do it yourself move. Renting a truck, asking a few friends for help and doing all the loading and unloading yourself can save a bundle.  And after a day of moving and sweating, the biggest expense may be the pizza and beer you buy to say THANK YOU to your friends for helping.

 

You don’t have to do the whole move yourself to save money. Here are some options:

  • Do the packing and unpacking yourself
  • Have everything on one floor. Stairs can add considerably to the cost of a move.
  • Pare down. Maybe you don't need to bring all that stuff with you. Selling it will earn you a few bucks and save you a few more.
  • Do a partial self-move, move all the smaller things yourself leaving the larger items for the movers.

6. Consider a moving and storage hybrid option

Companies like PODS and U-Pack are other options. These types of companies drop off a mobile storage unit to your house and you fill it at your leisure. When you are done, you have the option of having the unit picked up and stored at their facility or keep it at your house. Once your ready to move, you can have the unit delivered to your new location. This option can be up to 35% cheaper than using regular movers.

 

7. Take advantage of special offers

Most of the time you can just move your current services such as cable, phone and internet with you when you move. But there are times when your current providers do not have service in your new area. This gives you a great opportunity to benefit from new customer and move-in offers. Just be careful because a lot of these offers come with catches that will be more expensive in the long run.

 

8. Don't rush the renovations

For some reason, whenever you move, you are bombarded with junk mail about refinancing, credit cards or major remodeling deals. If you have patience and can hold off on any renovations you have planned for your new home, you can search through the endless piles of junk mail for coupons or deals from handymen and landscapers, home remodeling companies as well as home furnishing and decorating companies.

 

 

 

Comments (2)

Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Lend Smart Mortgage, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

Barbara: Good advice. Too bad many making a move will not follow these steps. When I move, I spend a few hundred bucks at both ends having a pro team load the truck, thus saving myself from any injuries. Much easier on my back too

Oct 20, 2014 01:02 AM
Tanya Van Blake-Coleman
Van Blake-Coleman Realty, St. Thomas/www.talk-to-Tanya.com - St Thomas, VI
Improving the Quality of Your Life

Great tips Barbara! Moving can be a pain in the neck and expensive as well. Any ways to save money make this hassle more bearable.

Oct 20, 2014 02:36 AM