Important Tips About Moving and What to do When Your Company is Trying to Move You From One Place to Another
It’s important to keep track of where your money is going when you are moving, especially if you need the proceeds from one home sale to close on another house. Most of the figures for the following charts can be found on your monthly mortgage statement, on your yearly tax bill, from your good faith estimate, or by contacting your real estate agent or relocation counselor. I like to obtain estimates of what these costs will be ahead of time so that I know what price house T can afford to buy next. Then I insert the actual figures into these charts as they become firm.
I don’t like surprises when it comes to money, especially at such an emotional time in the moving process as when I am trying to sell my current home and buy a new home. These worktables will provide an accurate record of how much money you will receive at the close of escrow, how much money you will need to close on the sale of your new house, and how many fees and allowances the relocation company will reimburse.
Calculate items to be reimbursed by Relocation Company. In many corporate relocations, the following fees may be reimbursable by your company once you submit your final settlement statement, and any required receipts, to the relocation company.
If you are moving as a result of a corporate transfer, consider yourself fortunate. In many of these moves, the relocation company may buy your house if your house does not sell within a specific period of time. Selling your home will then become the responsibility of the relocation company after you move out.
If you fall into this category, it is wise to help the appraiser determine the highest value for your home. You can accomplish this by knowing exactly what to expect when the appraiser arrives at your door. The information in this chapter will help you prepare in advance. The appraiser will take pictures of the inside and outside of your home, so schedule lime to get it in shipshape condition to show it at its best! The results of the appraisal will help you decide if you should accept the company buyout offer or continue to sell the house on your own.
In many corporate relocations, the company will buy your house if your house does not sell within a specified period of time (usually 90 days). However, before a bona tide offer can be presented to you, a relocation appraisal will have to be completed. Once the appraisal is completed, you will then have the option of accepting the appraised value or selling the house yourself. The company buyout offer that results from this appraisal process will have a validity period. You must accept or decline this offer, in writing on the applicable form, by the specified deadline.
Hiring a perfect moving company is vital because not every single mover is “on the same page” as you are and it’s difficult to find good moving company who understands all the pros and cons related to moving you to a new home. Free packing moving dot com is the best moving company for interstate relocation and they seems to be one of the best movers in the country.
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Category: Real Estate
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