Selling Your Home and Moving to a Smaller Space – Money and Time Saved

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When moving or selling your home, there are costs involved with movers. One of those costs is the transfer of your title. While you may get a great deal on a brand new house that brings it into your price range, do not forget the fees of transferring your current home and selling your old house. You will be expected to pay at least 5% of the selling price in attorney commissions when you transfer your old house to the new owner.

Moving, Boxes, Mover, Moving Truck

You should also look into moving costs when selling your home and moving to a new home. This includes expenses for packing up your personal effects and getting your vehicle ready for the move. If you are moving just part of your belongings, you will need more time to get all your items packed and ready for the move. However, moving all of your belongings into your new home will require that you move immediately.

Selling Your Home and Moving

On top of all these fees, you will have to factor in the cost of advertising your home in the new area. With all of the competition between buyers looking for a new place to live, you will likely see a lot of people come and go by the time you have finished with advertising. In addition, you may have to hire an investigator to take pictures of your house so potential buyers can picture what they will be seeing when they move in. All of this adds up very fast.

When selling your home and moving to a smaller house, you can cut back on expenses by advertising and promoting your property yourself. Instead of hiring an agent to market your property, you can work on listing your home yourself and take advantage of various services that allow you to list and market your home without the need for an agent. Services like FSBO websites and MLS listing services will allow you to list your home free of charge.

You also have the option to move into an older home and remodel it. This is a great way to save money and get into a home you will love. Remodeling is not always cheap, but if you are selling your current home and are thinking about moving into a smaller house, selling your current home and remodeling it is a great way to cut your costs and make a profit. Just make sure that you keep up with the payments as you move into the smaller space so that you do not sink deeper into debt during the move.

Final Words

These are just a few of the many things that you can do to move your house and stay within your budget when selling your home and moving to a smaller location. If housing prices have continued to rise, you will want to look into moving as soon as possible. Selling your home and moving to a smaller place can save you both money and time.