If you’ve just been given the news that you’re being transferred, you may be excited about living in a new area of the country. But before you go all out and start hunting for a home to purchase, it can often make more sense to rent – at least for the first year or so.
There are actually several good reasons to consider renting in a new location before you buy. First and foremost, it can take some time to learn a new area and its neighborhoods. So, before you can become an informed purchaser, it is necessary to have knowledge about the market, as well as the inventory of homes that are available there.
In addition, you may decide that you don’t really like your new job or position – and that you want to move on to someplace else. With that in mind, it is important that you give your new location enough time to make a love it or hate it decision.
Buying a home is a substantial and long-term commitment. So, before you move forward, be sure that you’ve done your homework, and that you are sure that you will be staying in your new location for a while.
Do you need to sell your current home fast? Partnering with an experienced real estate agent can help. While selling your home by owner might seem like a great way to save on expenses, the reality is that real estate professionals can get the word out to a network of potential purchasers much more quickly.
Likewise, going through a real estate professional can help you to better ensure that your list price isn’t too high…or too low! So, if you’re planning to make a move soon, contact us and we’ll get a step-by-step plan in place.