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Thursday, March 28, 2024

How to Save Money When Moving House: A Guide

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Moving house isn’t cheap. Whether you are renting or a homeowner, the odds are that there will be many fees you will need to cover before, during, and after the move.

These fees can add up to be a lot, which is why it’s a good idea to try and save some money where you can. If you are looking for some ways to save money when moving house, you’ve come to the right place. Keep reading as we share a few tips that you might find useful.

Use an auto transport company

If you will be moving a long distance from where you live now, you should consider using an auto transport service to move any vehicles you own. It may seem a bit strange to use a transport service for your cars, but it can be a smart move.

First of all, it will likely save you an extra trip because if you are driving a moving van, you won’t need to go back to collect your car. Alternatively, you can save some time by flying while your car is transported. And of course, using a transport service can save you money because it often works out cheaper than having to pay for a lot of gas. Have a look at these car shipping quotes to learn more.

Don’t use a realtor to sell your house

Look, real estate agents can be great – especially if you’re in the market to buy or rent a place. But if you want to sell your house before you move, you should consider doing it without a realtor.

This is because real estate agents will take a portion of the sales as commission, which means you will be losing quite a lot of money. Of course, if you end up struggling to sell your house you may have no other choice than to use a real estate agent, but it’s something you need to think about.

If you want to learn more about selling a house in the USA, you might want to read this post.

Put down a bigger deposit

It may seem a bit counterintuitive to put down a bigger deposit since it means you’ll be spending more money. However, you will be saving money in the long run.

This is because the bigger the deposit you put down, the smaller loan you will need. And this in turn means your monthly repayments will be smaller as well. You may need to save up for your deposit, so look at some saving tips if you need help.

Try different banks

As convenient as it may be to take out a home loan with the bank you already use, you might find a better deal at another bank, so it’s a good idea to try different banks and find out what they can offer you so that you can make the right decision.

Once you’ve decided, you can collect the right documents and then apply for your loan at the bank of your choice.

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