In this series, we’ve discussed issues related to the serious challenges of relocation. If you have not seen previous articles check out Tackling Your Home Search While Relocating, Overcoming the Distance Disadvantage and Rent vs Buy: How to Make the Decision When Relocating. Before you begin your home search, consider the following thoughts.
Be Willing to Adapt
A long distance move to a new area requires more adaptability than the commonplace local move. Relocation creates its own set of dynamics. Everything takes more time, costs more money and creates more stress than expected. Your inability or unwillingness to be flexible, adapt to change, cope with uncertainty could make your life miserable. Being as organized as possible is a great first step. Having contingency plans when things go sideways will help enormously. Don’t get locked into your preconceived ideas. You are entering a new environment.
Overestimate the Financial Burden and Get Help
Organize your finances and if you are not paying all cash contact a reputable local lender. Selling a home in one location and buying a home in a distant location will probably increase your overall costs – sometimes significantly. Get pre-approved for a loan so you’ll not waste time looking at houses you can’t afford. Ask your employer if they have a relocation incentive and learn the rules. It just might save you money. Factor in any additional tax burden as a result of employer incentives.
Be Ready to Adjust Your Lifestyle
One of the most difficult adjustments to a location change is the corresponding lifestyle change. Living in Chicago is certainly different than Austin. Think about how Austin differs in terms of weather, style of dress, things to do, transportation options, entertainment, and food choices to name just a few. Things will be different; there is a learning curve and a period of adjustment. It all takes time, effort and an openness to new things.
Work With Professionals Who Have Relocated Before
Relocation can be tough on the mind and body, and each person’s circumstances are different. I highly recommend that you embrace the change, ask lots of questions, set up contingency plans, and of course work with a REALTOR in your new area who can be your reality check, voice of reason and a terrific resource.
Ready to Get Started on Your Move to Austin?
We have been in your shoes and know what it’s like to move from a city you know to a city you don’t. Use our experience to help make your move as easy as possible. Check out our Guide to Relocating to Austin for more tips. Then call us at (512) 827-8323 or email us at info@AustinRealEstateHomesBlog.com when you’re ready to get started.