Research and Plan Before Moving to a New State

If you’re moving to another state, you’re probably excited and looking forward to all the things you will discover. Moving to a new home can seem like an adventure, and you may feel like you’re on an extended vacation for a while. But before you give up your current home and book your move to Plymouth, MN, do your research and make a plan.

Plan Your Move

Decide if you want to rent a truck and move yourself or if you want to hire professional movers to handle everything for you. Moving companies can be expensive, especially if you're hauling your things a long distance. But if they give you peace of mind and preserve your sanity, they might be worth it.

Find Your Ideal Home

Start researching real estate in the area before you move, not after you get there. In a hot market, the best homes go fast. You don't want your dream home to slip away because you got there too late.

Have a Job Lined Up

Some people are comfortable moving without a job lined up, especially if they're headed somewhere with a sizzling economy. But if you don't have the resources to support yourself for several months, you really should find a job before you move. Online job boards make the task of looking for work less tedious. In many cases, you can find work and interview online. If you get the offer, you can hit the ground running once you get to your new state.

Check Out the Cost of Living

In a competitive real estate market, prices often reflect the high demand. If you purchase a home in Plymouth, MN for $350,000 with 5% down and receive a 30-year mortgage at 4.5% interest, your approximate monthly mortgage payment will be $1,685. Additional expenses such as gasoline, groceries, and utilities can bloat your budget further. While housing costs may be relatively cheap in Minnesota compared to other cities in the United States, other living costs can be higher. Take a few minutes to visit a store's website and compare the prices of the products you need ahead of time. Spending some time researching day-to-day living costs can help you establish a budget. 

Consider the Best Time to Move Your Family

Moving during the school year can be challenging for your children. Moving during the summer gives children an opportunity to settle into a new area and possibly make friends. When they start school in the fall, they'll be less likely to stand out as the "new kids."

Consider a Home Warranty

Once you meet your deductible, your homeowner’s insurance typically covers repair or replacement for incidents like fires, hail storms, or theft. For the issues that homeowner’s insurance does not cover, such as appliances, heating and cooling systems, and plumbing problems, a home warranty can provide peace of mind. But are home warranties really worth it? It’s a good idea, therefore, that before purchasing a home warranty, ask questions to ensure adequate coverage.

Be Optimistic About Your Move

Moving to a new state can be the start of something great. If you're moving to Plymouth, Scates Real Estate can help you learn more about the area and find a home that fits your budget and lifestyle.