Four Questions You Need To Answer Before You Consider Moving
There are a lot of people in the state of Tennessee that are thinking of relocating. Maybe they’d like to have a shorter commute to work, or perhaps they need a bigger home because their family is growing larger. People have a variety of reasons for moving around, and whether you’re thinking about designing and purchasing a newly constructed modular home or an existing home, there are some questions you should ask yourself before you commit to moving.
Will this new home be my “forever home”?
This can be a tough question to answer because it can be difficult to see so far ahead into the future. Obviously there are some events that could cause you to move that are out of your control, but before you consider building or buying a home you need to think carefully about whether or not you plan on relocating in the future. If you could see yourself moving again and selling the home you built, you should think about things you can do to ensure that it has a good resale value.
Can I distinguish between what I need in a home and what I want in a home?
This is a very important question to ask yourself before you start planning your move. Some home buyers miss out on some great property because they have unrealistic expectations about their new home, or end up spending too much money because they insist on having things they don’t really need. Sit down and make a list of what characteristics your home needs to have, and remember to only focus on the big picture when you start planning for your new home.
Can I maintain this property?
It isn’t uncommon for people to design and buy dream houses that end up being too much for them to properly maintain. Proper home maintenance can take up a lot of time and money. If the new home you choose has a gorgeous expansive backyard, you're going to need to properly maintain your property with landscaping work. There's also the issue of paying for utilities and affording taxes in your new town.
Can I truly afford to move to a new home?
Before you answer yes, take time to think about everything you need to spend money on to move:
-Landscaping / equipment
Those are just a fraction of the things you may need to spend money on when you move. There are always a lot of unaccounted for costs when people move, and those little costs can end up costing a lot of money and upsetting carefully planned budgets. Before you commit yourself to moving make sure you can afford every cost that needs to be covered during a move.