By Millie Jones of seniorwellness.info
Moving across town is stressful enough. You must sell your home, buy a new home, pack up all your belongings, and get them safely to the new home. Then, you must unpack, decorate, transfer your utilities, and change your address. And that’s just the beginning!
If a new job has you moving to another city or state, you might be downright overwhelmed. You not only have to complete all the tasks mentioned above, but you must also settle into an unfamiliar living environment and help your family get comfortable — all while learning the ropes of your new position! Check out these tips from CCH Lease Purchase Program for navigating a career relocation without losing your sanity:
Spend Time House Hunting
Think about where you’ll live in your new city and state. Finding a suitable home for your family can significantly reduce stress and help all of your other responsibilities feel more manageable. After all, landing a decent place to live is half the battle!
Consider all your family's needs when house-hunting. You want to live in a location reasonably close to your new job and your kids' schools. And if your spouse will be working or doing other activities around town, they should be in close proximity to any places they’ll frequent.
Of course, you must be able to afford your home, and an online estimator can help you get an idea of a price you can pay without putting your family in a poor financial position. The median home price in Englewood, CO is $565,000. But no matter where you live, it's critical to prepare and review your options in the local market.
If you’re not quite ready to purchase a home, you may qualify for a lease purchase program. The CCH Lease Purchase Program provides people who cannot currently secure a mortgage the opportunity to rent the home of their choice for up to two years before purchasing it. This can buy you time to eliminate debt, boost your credit, secure financing, and tie up any other loose ends.
Get Your Business Ready
If you're an entrepreneur planning to launch a company when you arrive in your new state, start making moves early in the process. For example, you'll want to research the local market to ensure your business idea meets a need and can compete. And you'll need to draft a business plan to guide you through decisions and position your company for steady growth.
Another way to lay a solid foundation for your new business is to select the appropriate legal structure. Consider going with an LLC for liability protection and tax benefits, among other advantages. Instead of hiring an attorney or spending time learning how to form an LLC yourself, work with a formation service that can handle the legwork and keep your business compliant.
Prepare Your Finances
The importance of creating and maintaining a detailed budget for your move cannot be overstated. List all the moving expenses, costs of dining out, and other expenses you'll accrue during the transition. Also be sure to leave a cushion for unexpected costs and discrepancies in the cost of living.
Furthermore, ask your new employer about giving you a relocation package. These packages come with a range of perks, depending on the specific employer.
Don't hesitate to negotiate for your moving costs and additional expenses to be covered by the company. Some businesses will even provide job search assistance (for a spouse) and pay for transportation, temporary housing, home purchase and sale costs, and other expenses.
Pack and Settle In
Finally, start packing your belongings, neatly sorting everything, and clearly labeling each box. Reach out to your new coworkers and explore your new town with your family — whether it's in person or virtually. Take any steps that will help you settle in smoothly after the move.
Conclusion
Don't let the stress of your career relocation bring you down. By going through the tips above, you can prepare and avoid common mishaps along the way. Remember to prioritize your family and your new job throughout the process, and you’ll be able to make the right decisions for everyone involved.
Would you like to read more helpful content or learn about our lease purchase program? Check out the CCH Lease Purchase Program today!
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