Advice for relocating
- Thread starter ram_man
- Start date
- Status
Look for foreclosures! Even in the best of areas there are always some there. You can save 15-20% (or even more) on a home purchase.
Move to where employers compete for employees with your skills, not the other way around.
Live cheap in a cheap apartment near work until you can afford to buy somewhere nice.
Don't parade around a big fancy car or truck in a cheap neighborhood. The insurance and vandalism costs will kill your budget.
AZjeff
$50 Site Donor 2023
Need more info. Do you rent or own? How many months of living expenses do you have saved? Do you have job prospects or are you going cold? With the internet there's no reason to not know the job market where you're thinking about. We successfully moved from Pennsylvania to Arizona in 2005 but our situation then might be totally different from yours now.
Originally Posted By: ram_man
Hey everyone. My wife and I are xinside relocating. Who has been through this process and what are things you'd recommend. We are thinking about moving to East Tennessee. Thanks everyone.
Much more information is needed. Do you have a job/jobs lined up and do you know the cost of living in the area compared to the pay? East Tennesse is beautiful an cost of living should be low, but wages will be lower overall than a more populated region as well. Also do you have 3-6 months of expenses liquid and on top of that funds to aquire a new lease on an Apt/rental? This is important because if you end up loosing a job in a new city you will definitely want an emergency fund even more so than in an area where you know people and the area.
Also as mentioned above definitely rent for the first year or two before you buy. You want to know the area decent before you buy.
Good luck on the move!
Last edited:
Why the relocation? What profession are you and wife in? Kids that go to school?
I agree with others to rent for a year. It will take awhile to become familiar with the area.
Where are yours and hers family?
Age?
Retirement plans?
Need more details but in general make sure you look at property taxes on the house! I didn't do my HW on that and pay $10k in property tax, had I been a half mile somewhere else in any direction I'd be paying $3k.
What part of East TN.
Some comments related to the area were posted in this thread:
https://bobistheoilguy.com/forums/ubbthr...een#Post4590604
Maybe read the forums on City Data about Tennessee.
http://www.city-data.com/forum/tennessee/
East Tenn is beautiful! Good luck on your future endeavors.
Respectfully,
Pajero!
We are just discussing it right now. I'd like to have a job lined up before the move. I would certainly rent for awhile first. So I dream of living a simple life. Super old fashioned small town would be terrific. Kids would be in a local public school.
- Joined
- Dec 30, 2006
- Messages
- 29,558
Originally Posted By: GMFan
If you are planning to purchase a residence I'd recommend renting for at least a year to get familiar with the area before you buy.
Originally Posted By: ram_man
So I dream of living a simple life.
Originally Posted By: Quattro Pete
Originally Posted By: ram_man
So I dream of living a simple life.
If crime and poverty is getting worse in you area its time to move to a better environment for your wife and kids...
I have TN property. It's about as close to heaven as possible. Nearby Mennonite community, rolling hills, good views, seasons, moderate temps due to elevation, etc.
A friend has a cabin overlooking the valley, it's incredible, with clouds below and so on.
Wherever you choose, do your homework in depth on all of the costs of living; food, fuel, local taxes, registration fees, auto insurance as well as local salaries for your profession. Learned this when we were relo'd to Silicon Valley for a few years. Granted Palo Alto is an extreme case and we anticipated the increased expenses, but were still a bit surprised.
- Status
