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Moving expenses to consider

May 7th, 2023 6:46 PM by Salim (Sam) Kader MLO# 130505

Yeah, you have finally reached the last milestone of your home buying process and have received the key to your house. It's moving day. Here are some moving expenses that you should factor in your budget:

1. Peak surcharges. Many moving companies raise rates during busy summer times and weekends. Have a flexible schedule and relocate in an off-peak period to save money.  Avoid peak days such as Monday or Friday and look to move mid-week or mid-month.
2. Packing materials and equipment. Boxes, bubble wrap and packing tape can add up quickly. Estimate accurately of what you need or seek free materials from friends or online. If you are not hiring a professionals, try tenting these items to save money - furniture covers, hand trucks and bungee cords.
3. Excess cargo. Movers usually factor the number and weight of items into the bill. To save money, donate or sell what you can before your move. 

4. Cleaning. If you have a security deposit at your current place, housecleaning services typically charge between $200 to $300 for a one-time cleaning. You will save money by doing some or all of the work yourself. 

5. Utilities.  Watch for deposits, taxes, and connection, installation and setting up utilities fees. Ask these companies about charges in advance.
6. Food. Think snacks for the road, restocking the refrigerator and pantry and feeding friends who've helped. Go to Costco could save you money.
7. Lost or damaged items. Some belongings might not survive the journey. It may be worth purchasing protection to repair or replace property. If you have homeowners or renters insurance, you likely have some coverage but check your policy to confirm.
8. Tips. Movers appreciate tips after a long day of heavy lifting. A good rule of thumb is 5 percent of the total bill.
9. Storage. If you can't immediately move your possessions into your new home, you might have to rent a self-storage unit.Costs vary by size and location. The less time and space you need, the less expensive it will be. 

10. Oversee your move personally. It's always best for you to be on site on the day of your move. 

11, Secure at least three quotes. The lowest quote may not be the best choice so be sure to check a company's reviews as well.

Moving is a huge undertaking. Mentally walk through the process from start to finish and outline the potential items and services you will need at least a month in advance. Then research prices and get multiple estimates for the best deals and services.

Posted by Salim (Sam) Kader MLO# 130505 on May 7th, 2023 6:46 PM



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