Solutions To Saving Money On Your Next Move

By
Real Estate Agent with RE/MAX

Buying a house and moving in is gonna cost you. There's no way around it. Right? Well, actually, there may just be a way to make it not quite so painful. A willingness to negotiate and put in a little work plus a little inside info on special deals you can take advantage of can help you cut some costs. Here are eight ways to save money on your move and move in.

1. Don't take it all with you

Furniture you're no longer in love with or appliances like washers and dryers or the fridge you have in the garage can be a pain to move. You can potentially save money (and time and hassle) by including them in your home sale. First-time buyers or someone moving from out of state may appreciate your old stuff far more than you, and you don't have to pay to haul it to your next place.

2. Leave the flat screen

If you have a mounted flat screen TV that's at least a few years old, consider leaving it behind too. The cost of taking it down and repairing the wall behind it plus the care involved in moving it might not be worth it. Flat-screen technology is always improving while costs are coming down, so it's a good excuse to buy something bigger and better without spending a lot.

3. Negotiate everything

If you've been looking for a house or have bought one before, you're probably already aware of closing costs. But you might not be aware of how much you can negotiate with your lender.

"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

Need a handyman and have appliances or furniture you're getting rid of? You just might be able to make a deal. Ask around for referrals and then introduce a barter system into the equation during your first conversation. You might be surprised what you can get for what you've already got.

5. Move Smart

Once you're out of college, or maybe out of your first post-college apartment, thinking about renting a U-Haul and moving yourself (or with a few good friends) seems less than desirable. But if you're willing to sweat a little (ok, a lot) you can save a bundle. Just remember two important things to entice and thank your friends: Pizza. And beer.

If you don't want to do the whole thing on your own, think of ways you can save by doing a hybrid move:

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.
6. Consider moving and storage hybrid options

A company like PODS or U-Pack might be a solution for you if you need self storage wrapped into your move. Essentially, the company drops off a mobile storage unit at your house and you pack it up yourself. They then pick it up and move it for you. You can tack on storage at the end if needed, making this a particularly good solution for those who have time between their move out and their move in. This type of move can cost up to 35 percent less than traditional movers, but keep in mind you will be doing the labor - just not the driving.

7. Take advantage of special offers

Move-in offers for cable, Internet, and phone service can save you a lot of money. But they often come with a catch that could cost you down the line. Look out for special limited-time offers - one-year or six-month specials that expire, leaving you with much higher rates after the introductory period.

8. Don't rush the renos

Chances are, after you move in, you're going to start receiving all kinds of junk mail asking if you want to refi, redo your lawn, and apply for 72 different credit cards. In what seems like an endless pile of junk mail will be some special offers for new homebuyers, but they might not arrive for a month or more. Look out for coupons from handymen, companies selling flooring and window coverings, home furnishing companies like Bed Bath and Beyond and World Market, and offers from landscapers with discounts for new clients. If you're planning to shop, renovate, or do some work on your interior or exterior, taking advantage of a few of these offers can help shave down the cost.


Written by Jaymi Naciri

Comments (14)

Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

Sharon,

Some great points, especially negotiate everything.  So True.  Make it a great Monday and start of the week.  Thanks for the post.  Bill Salvatore 

Apr 19, 2021 05:15 AM
Norma J. Elkins
Elite Realty Group - Morristown, TN
Realtor - Elkins Home Selling Team

These are some awesome tips for sure. I may have to borrow this one.  Thanks for sharing and have a wonderful day!

Apr 19, 2021 05:53 AM
Sharon Sigman

Thanks Norma :-)

Apr 20, 2021 06:06 AM
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

Good morning Sharon! Yes indeed great tips to keep in mind

Apr 19, 2021 07:02 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Happy Monday Sharon and excellent tips of your suggestion here in the rain.  Can I reblog this one down the road?

 

Apr 19, 2021 08:08 AM
Sharon Sigman

Hi Will,


Good morning, sure you can :-) Have a positive Tuesday. 

Apr 20, 2021 06:06 AM
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

Hi Sharon,
I always love a list that includes "bartering". 😊

Apr 20, 2021 06:10 AM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Sharon. Great tips for people to consider when relocating. Sometimes you just have to say bye! Enjoy your day.

Apr 24, 2021 05:00 AM
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker/REALTOR® - Kalispell, MT
Helping your Montana dreams take root

Excellent tips to help trim costs when moving. I used a few of these the last time (and hopefully it was the LAST time) I moved.

Apr 24, 2021 05:21 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Sharon - I do like the idea of leaving the flat screen TV assuming that a buyer wants it.

Apr 24, 2021 05:57 AM
Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

sharon 

some great tips - glad carol featured as I missed 

Apr 24, 2021 11:56 AM
Ed Silva
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Some great suggestions here to ease the stress of moving, especially keeping all the boxes at one level.  Some may not make it past the first floor

Apr 24, 2021 05:16 PM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Hi Sharon:

 

There are some terrific moving tips here. I always tell those who are moving to trim down what they are taking and not move it, especially heavy items they don't really want (furniture, books).

 

Jeff

Apr 24, 2021 05:29 PM
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

WOW! Having just moved, Sharon, I found each and every one of your tips spot-ON! 

Thank you for sharing and thank you for being a part of the Rain. Happy to see you here!

Apr 25, 2021 08:25 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

This is excellent advice to share.

Take care, be safe and have a productive spring.

Apr 25, 2021 09:25 AM
Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Great information.   Thanks for sharing and have a wonderful day!

May 13, 2021 06:11 AM