Don’t Forget To Plan For These 7 Hidden Costs Of Moving

by

28 December 2023

Real Estate

Moving is a very expensive decision — whether you DIY with a rented truck or hire the professionals. You probably budgeted for the truck or moving company before you started packing. But these are just some of the most obvious expenses involved in the typical move.

Unless you’re a seasoned professional or frequent mover, you may not realize plenty of other expenses are in your future. Things like child sitting, elevator charges, and parking tickets can up your costs significantly.

You can usually rely on a line of credit when you’re faced with unexpected expenses. But when you have already put down $2,000 on a moving company, you may not have a lot of room left on this account.

Part of managing your line of credit responsibly is learning to anticipate supposedly unexpected expenses before they happen.

This article is critical reading for anyone who wants to limit how often they use their line of credit during a move. Planning early means you can start saving for these expenses in advance.

1. Child Sitting

If you have children, you might have to think about getting a babysitter for your child. To save money, you can ask friends or family willing to look after your kids.

Either way, removing your kids from the equation is easier for you and your movers. That way, you don’t have to worry about them being underfoot when you move heavy furniture.

2. Pet Boarding

The same rules apply to your furry children. Keeping your dogs and cats away from the action protects everyone involved.

3. Takeout

With your kitchen packed up, you will be relying on takeout and readymade meals far more often. You can save money by preparing frozen meals in advance, moving them quickly from one freezer to the other. Keep shelf-stable snacks handy, too.

4. Parking Tickets 

If your moving company parks illegally on the sidewalk or in a no-parking zone, you (not the company) will have to pay the ticket. Avoid this by seeking out a parking permit for your new neighborhood.

5. Security Deposit 

That hole your friends caused when they moved your antique armoire? If you can’t patch it up before you move, you might lose out on the security deposit you put down when you first moved in. DIY repairs might help you avoid losing your deposit, but even DIY work costs money.

6. Elevator Fees 

If you live in a condo, you will have to book the freight elevator to move your things. Depending on the condo company, they may apply a charge for this elevator. This fee is usually non-refundable and must be paid when you book the elevator.

To make matters worse, most moving companies also charge elevator fees if you live on an upper floor. They may also charge stair fees if you live on the top floor of a walk-up.

7. Utility Setup

Once you arrive at your new place, you have to set up utilities to heat and power your home. Some utility companies may require you to put down a security deposit before they start the service. They usually ask if you have poor credit or are a brand-new customer.

These deposits can be costly, charging as much as twice your average monthly use.

Keep this in mind as you create a moving budget. It’s better to struggle to save this amount than the opposite, being surprised by it when you go to hook up utilities! But if all else fails, your line of credit can pitch in.

Read Also :

With an adept skill of curating content on multiple genres, Mony has harnessed success as a Content Writer quickly. Find her sharing profound thoughts and opinions on lifestyle, beauty, fashion, pets, and parenting.

View all posts

Leave a Reply

Your email address will not be published. Required fields are marked *

Related

Body Corporate issues

5 Common Body Corporate Issues Faced by Strata Management

Most body corporates tend to be well managed. However, there are still numerous issues that come with such management. It is actually possible for different issues to arise in two buildings that have been built the same way. Here are the top five problems that are faced by many body corporate managers: 1. Financial Stability: A body corporate is only as stable as its financial foundation. Like many legal entities, a body corporate requires strong financial stability if it is to run smoothly. There are credit contracts to be made, tax returns to be filed and bank accounts to be managed. If the finances of the body corporate are not managed effectively, many problems start cropping up. Bankruptcy actually becomes a possibility when the entity’s finances are poorly managed. Most times, however, members often contribute funds to prevent the entity from sinking into debt. To avoid falling into this pitfall, take a good look at the body corporate’s finances before you invest in it. Look at the cash levels and debt ratios. This should give you a sound estimation of the entity’s financial stability. 2. Compliance with The Law: Another common issue that many body corporate managers face includes compliance with regulatory requirements. Compliance with legislation means much more than simply complying with the BCCM Act.   There are fire safety rules to comply with and pool safety regulations to be adhered to. Sure, complying with the law will increase your management costs, but it’s much cheaper than having to pay fines or to face the consequences that the law is trying to prevent. 3. Management Problems: Poor management can be just as costly as non- compliance with legislation. Usually, the problem with management comes where the committee members are volunteers. This means that they have to squeeze in hours to do the management work in addition to their regular jobs and their family responsibilities. Poor management can be costly to any body corporate manager. Before you decide to venture into this investment, make sure that the properties are properly managed. Look at compliance with the law, fiscal strength and how well the management promotes harmonious living. 4. Dispute Resolution: When people live together, disputes are inevitable. In strata management, disputes can also be very expensive. Whether the cause of the dispute is noise or failure to abide by the set rules, it can be a very stressful time. Sometimes, disputes end up in court or arbitration, and this is both time consuming and costly. In order to avoid unnecessary disputes, it is best to have clear rules that are enforced strongly. 5. Building Condition: The state of the buildings can also be a cause of a headache for property management. New buildings are often riddled with many defects; and old ones require renovation and refurbishment. You might think, but there are insurance companies to take care of the defects, right? However, sometimes the insurance companies just won’t pay, and you are suddenly faced with the problem of having to improve the state of the buildings. This can be rather stressful and costly. Conclusion: Most of the above problems are related. Poor management will certainly lead to poor dispute resolution as well as financial instability. If there is no money available, renovating buildings and fixing problems will be impossible. Although most body corporates are properly managed, a fair share are riddled with issues. And sometimes, those issues can go unresolved for a long time. Read Also: Tips For Finding A Joint Venture Partner Is Property Investment Still A Good Way To Make Money?

READ MOREDetails
Consideration

Things To Take Under Consideration When Selecting A Large Cold Storage Portable Building

In general, the purpose of a roof is to keep the building's interior safe and dry from all the elements.  However, in terms of roofing used in cold storage facilities, it isn't sufficient for it to just be water-tight. Energy-efficient and vapor-tight roofing systems are special types of requirements. The following are several different variables that need to be considered when designing and constructing cold storage warehouses or large portable buildings. They include equipment, doors, and flooring systems, and whether or not you are incorporating any type of value-added service offerings. The following are four different things that need to be considered for your roofing system for a cold storage building: Type of roof : Insulation material How the roof is connected to the walls Roof installation method  Let's take a close look at the important things you need to know and why this matters. 1. Single-ply roofing: the top vapor-tight option : There are several different roofing options that are available for industrial and commercial buildings.  A flat roof is a common choice, with three of the common categories being single-ply roofs, modified bitumen, and built-up roofs.  Both modified and BUR roofs (in addition to hybrids of those two options) have multiple layers comprised of a thicker blended system.  Those types can be thought of as lasagna-like stacks that are comprised of several layered materials, for BUR it is gravel and tar, or there are also modified roofing sheets that are made with asphalt that is modified with either asphalt, plastic or rubber, along with insulation. 2. A continuous thermal envelope is created :   Vapor seals that are improperly designed may cause leaks, and that can lead to frost, snow or ice build-up.  Typically freezer will show signs of vapor leaks - like ice buildup in doorways, penetrations, and corners - before other spaces within a cold storage facility. Most likely coolers will indicator vapor leaks through signs of dripping water or surface moisture at times - similar to what appears on a glass of cold beverage on a day that is warm. 3. Select the right type of insulation : An entire building is affected by heat gain or loss in a roof.  Effective insulation is especially important in a cold storage facility. Refrigerated facilities need to have greater insulation compare to the standard type that is used in typical building for energy efficiency to be maximized. Having roof insulation layers that are staggered help to increase a roof's thermal efficiency and reduces air movement inside of the system. Roof insulation gaps should be minimized by using field foaming in large gaps and foamed perimeter connections in some cases at the roof-to-wall connections.  In addition, a reflective, light-color roof can help to minimize excess heat absorption. 4. Don't cut corners on your installation : In addition to the roofing materials, it is critical to have a high-quality installation of a roof system to ensure overall performance and effectiveness of the envelope of a building. You could have all of the best elements in an ideal roofing system.  However, what good will that do you if the installation isn't done right? There are many roofers available, however, a cold storage facility needs to have a unique roof system and a specialized team is needed that understands the variables, restrictions, and needs that are involved.  Make sure that you work with a qualified and knowledgeable installer who is experienced in the refrigeration and cold storage market. Potential consequences : What might happen if the roof system on your refrigerated roof system installed properly by a roofing expert?  It means that your building is at a higher risk for developing vapor leaks, and those repercussions can right from being unattractive to be physically dangerous to humans:  Food safety risks: Outside contaminants can be introduced into the building by vapor leaks, and excessive moisture coming from these leaks can promote the growth of bacteria. -Worker safety hazards: Ice buildup and condensation can produce slip hazards. - Higher utility bills: If there is any warm air that is leaking into your facility, then you will have to spend more money to cool it down and removing moisture will be even more difficult. Overworked equipment: When warm air leaks in, it results in your refrigeration system needing to work harder in order for the optimum moisture and ambient temperature to be maintained, which can increase maintenance frequency and shorten its lifespan. Aesthetic damage: Excessive amounts of moisture may result in your facility having unattractive staining.  That identifies the problem visually but may also mean your visiting customers are left with a negative impression. Possible structural damage - When ice builds up in the slabs and wall joints they can grow in size and swell, which over time can cause unseen or visible structural damage.    

READ MOREDetails
Move to Brea

How to Prepare for Your Big Move to Brea, California

Brea, California, a city in Orange County, is six miles north of Anaheim, California, and two miles east of La Habra, California. The well-known Brea Mall and the revitalized downtown have made the city a well-known destination for shopping. Its extensive public art program includes a huge collection of works of art dispersed around the city. When the village of Olinda was founded at the start of the 19th century, many businesspeople came in search of oil. The Union Oil Corporation purchased a sizable parcel of land for oil extraction. By 1898, oil drilling towers surrounded the area. In 1911, the villages of Olinda and Randolph were merged into the town of Brea. Meaning “tar” in Spanish, Brea was home to 752 residents when it was incorporated as a city in February 1917. It was recognized as the eighth official city in Orange County. Home to coffee shops and parks, Brea is considered one of the best places to live in California. Therefore, preparing for a move here can indeed be exciting. Planning for a Move to Brea To start preparing for a big move to Brea, you’ll need to make a checklist and plan the following activities. 1. Get Prequalified for a Loan The first thing you need to do is get prequalified for a loan. Doing so will help you see what you can afford in Brea real estate. This will also make it easier for you to search for homes online. Before you begin any search, get prequalified first so you’ll save time and can find a house that meets your monetary criteria. 2. Select an Area Realtor After you get prequalified for home financing, you’ll need to contact a local Brea realtor. He knows the neighborhoods and can direct you to the best Brea real estate listings. For example, some homes are listed at over $1,000,0000 and offer 4 bedrooms and 3 baths, while others feature 3 bedrooms and two bathrooms for around $270,000. Therefore, a realtor can direct you to the property that best fits your current and future housing needs. They will do all the legwork for you while you find the houses that attract your attention online. 3. Search Real Estate Online and Drive by the Chosen Properties Narrow down your choices to about three houses. You don’t want to overdo it. Pick those houses that meet your financing requirements close to where you work or near parks and shopping. After this, drive by the home and check out the surrounding area. 4. Scheduled a Tour with a Realtor Next, schedule a time to see the property with your realtor. Be prepared to ask questions. If you’re interested in a specific home, have your realtor take care of the offer and negotiation process. Begin Your Search for a Brea Home Today You’ve got a lot to think about and to plan if you’re going to move to a great city like Brea. That’s why it’s essential to be confident about your house-hunting and buying objectives. By creating a checklist, you can move quickly forward toward your goal of finding your dream house in Brea. Additionals: Great Tips for Picking the Right Moving CompanyHow To Select The Right Packing Paper For Your Moving NeedsTop 10 Household Items That Are Commonly Damaged During Moving

READ MOREDetails