Hello Kids and me:
I totally understand how overwhelming that move can be. My husband and I moved from Texas to Kansas City to New York (Manhasset - Long Island) to Indianan (Carmel) and finally to Marin County (S.F. Bay Area), CA. The last move is the one to settle down because the kids are getting older. It gets easier in some ways (I am not as anxious as the first time), but others stay the same.
There is a lot to consider in your situation as quite a few things are not clear when I look at your question. But I thought I'd list a few things for you to help you solve the puzzle. The list is certainly not complete and is also not in the order of importance; just something to help you evaluate the situation - By the Way, these are the questions your realto should be asking you whether in person or long distance:
- How is the real estate market in your area - to know what is needed to be done and gauge how long it might take to sell the house.
- When do you plan to move? - which might have impact on the market condition in both ends
- How is your financial situation? What if your house stays on the market longer than you have anticipated, will you have to pay both rent and mortgage?
- Why are you moving? - If it's company relocation, you may very well receive assistance in selling your house, buying down points, paying closing costs, etc
- Do you have a job line up here or will you be looking for a job? - job market, commute, income
- Do you have families / friends in the area you are moving to? Can they help you do research?
- Which part of the West will you be moving to? This has a lot to do with the price point you are looking at
- How old are your kids? Will they be looking at public schools, private schools? Research this online
- Public transportation, Hospitals, cultural, extra curriculum activities, outdoor/indoor activities, all things to consider
Now, is it better to rent for 6 months then buy? There are pros and cons. The major benefits are if you are renting, you have more time to research the areas while you are here, try it out before you make the big purchase. It also ease the anxiety when you sell your house in the slower market (I actually donâ€™t know your area, so who knows, it might be brisk). The cons are you will have to move twice, a lot of landlords donâ€™t allow for short term rentals, the kids might have to change schools and friends twice, you might have to change doctors, addresses, twice.
However, I did my researches each time before I moved, and I have never regretted any move and I am lucky that I am now living in one of the best family towns in Marin. By the way, I was not a Realtor until after I moved here.
A lot of research and planning before your move go a long way. Fortunately, with the explosion of information on the internet, you are in good hands; although on the other hand, watch out for a lot of gimmicks on the internet - find reputable Mortgage Brokers and Realtors to help you in the process.