Relocation Tips
This section is devoted to suggestions and ideas to save you valuable time and money during your relocation. We hope this information provides you with practical knowledge that can help you during your relocation process.
Know exactly what your employer is willing to pay.
The biggest mistake transferees make is not knowing the amount their employer allows for relocation. It's best to get it in writing so you know how much is allocated for each area of budget and not just a lump sum amount.
For example: If the payment is up to $35,000.00, be sure to have it broken down into the following categories:
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• Amount for interim housing for 60 days: |
$5,400.00
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• Amount for moving furniture: |
$23,800.00
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• Amount for air fare/car expense: |
$2,800.00
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• Amount for closing costs and points: |
$3,000.00
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If you can find a better price for any of the items listed above, what can you do?
Many individuals are surprised to learn they can save money on virtually every segment of their move by shopping around. You can help control the cost of your relocation and be able to shift amounts from one category that may be over funded, to a category that may need additional funds.
For example: If you find a permanent residence that will close in about 90 days after you move, then you will need and additional 30 days of interim housing. If you find a moving company that is 10% less than your original estimate, then you can shift the budget to where you will need it.
What if I want to live in interim housing that is more appealing to my taste, or costs less than the one selected by my company?
Most companies have a list of locations from which to choose. The lists are just recommendations. If you wish to live in a specific community you simply must request it. Oftentimes, another furnished apartment is more desirable to meet your needs. There is no need to be uncomfortable, travel long distances, or feel cramped in one of the extended motels. Libertyville Corporate Apartments works with all corporate relocation departments to achieve the highest degree of customer satisfaction.
Finding out the difference in the cost of living from where you now live to the Chicago area is an important issue to address.
You can find a lot of information about the overall cost of moving by going to www.realestate.com. There you will find competitive information on mortgages, competitive analysis of homes or condos that have sold in your target area, in addition to the cost of living comparisons.
For example: If you need to replace a four bedroom home in a good school district, it's worth the effort to find out the difference so you can plan your budget accordingly. You can also check out our links to local area information. There you will find information on real estate, schools, home builders, area employers and a host of local information about the community where you will be relocating.
Is driving time to my new job going to cause me additional commuting time?
If you're interested in checking out the commuting time, click on Maps. This will give you both time and mileage from your residence to your new job. Chicago expressways are heavily traveled, especially in the "rush" hours. It's best to find out exactly where you will be staying for interim housing, and look for alternatives if commuting time is a concern. Libertyville Corporate Apartments are located within ten minutes of Interstate 94 with easy proximity to corporate business parks via local highways.
How can I save money moving?
There are many sources on the Internet that can help. You can contact, www.homelisting.org, to access a wide range of information that will assess the financial aspects of your decision, including links to mortgage lenders, and checking out real estate agents for your new home.
We welcome your comments. Just click on Contact Us and let us know about your experience, so others may benefit from it.
Thank you for your interest in Libertyville Corporate Apartments.
Tel: 847-367-7153
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