When you take a new job, there’s no doubt that your life is going to change. Accept a job that’s cities or even states away and your life is bound to endure an even more drastic transformation. A new company, a new career, and a new home – it can be difficult to wrap your head around all the changes that could alter the course of your career and your life. From your job itself to your finances to your lifestyle, there’s a lot to consider. Here are four things to keep in mind when relocating for your career:
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Prepare for a new home town
Choosing a new path for your career might make buying a home in a new city or state inevitable, and you’ll need to know what you’re getting yourself into. Everything from the cost of living to school districts to commute times can be seemingly small details that’ll have a huge impact on your daily routine, so take everything into account before moving. Is this place the right location for you and your family? To get a better handle on the answer to that question, do your research and talk to employees at your future organization or ask a REALTOR®️ who knows the location best.
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Brace yourself financially for a new home
As with purchasing a home in any location, you’ll be dealing with many costs that’ll require some hard-earned cash saved up. Aside from the cost of the home itself comes inspection fees, hiring a moving company, closing costs, down payments and numerous additional expenses. These costs add up. In fact, a $150,000 house could cost you up to $7,500 in closing costs and $30,000 in down payments for conventional mortgages. Keep in mind that certain types of government-backed mortgages like FHA loans require lower down payments. If the costs of relocating become too overwhelming, it’s worthwhile to learn about FHA loans and other practical mortgage options available in your area.
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Practice your negotiating skills
Negotiating, while uncomfortable, can come in handy when it comes to relocating for your career. Being able to confidently advocate for yourself will help you get the position you earned, the salary you deserve and especially the financial support you need for your relocation. Ask your future company if they have a connection with a moving company, offer relocation assistance or even help cover closing costs. Don’t be afraid to fight for what you deserve, as this is your new life and it should be on your terms.
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Build your new network
A new home and job come with a pool of potential friends and coworkers that you can both spend time with and learn from. Utilize social networking platforms like Bumble Bizz or check Facebook for local events to meet new peers personally and professionally. The more people you know, the more comfortable you’ll be in your new home and the easier your transition will be.
