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Need some help/advice from those who have moved OOS please...

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luckysmom
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Need some help/advice from those who have moved OOS please...

next month we are traveling to NC to visit family. DH will be making an appt with a head hunter to speak about what kind of employment opportunities are out there in his field. We've looked on some job websites and it seems that there are a lot of jobs out there in his field where he can make a good living, but he still just wants to talk to the head hunter first. As long as he gets some good feed back from the head hunter we are coming back home and pulling the trigger on this. We are going to put the house up for sale and head down to NC. We have a realtor here and we are being set up with a realtor in NC to look at some houses when we are down there. My question is, how exactly do we do this? Do we sell the house first, or does he find a job first? If we sell the house first we have no where to live until DH finds a job. But if DH finds a job first, then what happens if we can't sell the house quickly enough? I guess i;m just wondering how others have handled it and if it all worked out in the end for a smooth transition. TIA!

Posted 5/5/14 3:56 PM
 
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NYCGirl80
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Re: Need some help/advice from those who have moved OOS please...

You probably won't be able to time it all perfectly. Assuming you need a mortgage, he will probably need to get a job first. You won't be able to close on a new house without the income. Then you'll probably need to find temporary housing while you sell the house up here and get approved for a mortgage down there, find a house, etc.

Posted 5/5/14 4:35 PM
 

Christine Braun - Signature Premier Properties
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Re: Need some help/advice from those who have moved OOS please...

I just had a closing today for an LIF'er who is moving OOS with her family. Her DH applied for a job within his company OOS, got the job (more quickly than they expected). They put the house on the market after he got the job, and they had a new house built in the area they were relocating to (builder was ok with the contingency of selling the LI house first). It was a little stressful lining up the sales -- LI house closed today, Florida house is closing Wednesday, their stuff is in transit now. Her DH was going back and forth to the new location to work (but still could work in NY).

I think getting the new job is the first step. If your DH gets a job with a larger company, most will assist with relocation (including financially) and many provide short-term corporate housing. Also, sometimes corporate relocation companies will actually buy your house from you and then sell it themselves to assist you, versus you having to sell it yourself. There are many ways it can be done, but a lot depends on the job your DH can get and what that particular company offers (or what your DH can negotiate).

Also, it's not ideal, but your DH could go OOS first to work and you could join him after the house is sold. But many times when someone is relocating, the start date isn't immediate (they will sometimes give you a few months to get things in order to make the move). It's easier if you don't want to buy in your new area right away, and are open to renting while you get acclimated.

But I can't imagine selling your house and then being pressured to move and not know where you are going (or even if your DH will get a job).

Posted 5/5/14 4:53 PM
 

luckysmom
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Re: Need some help/advice from those who have moved OOS please...

Posted by Century 21 Dallow - Christine Braun

I just had a closing today for an LIF'er who is moving OOS with her family. Her DH applied for a job within his company OOS, got the job (more quickly than they expected). They put the house on the market after he got the job, and they had a new house built in the area they were relocating to (builder was ok with the contingency of selling the LI house first). It was a little stressful lining up the sales -- LI house closed today, Florida house is closing Wednesday, their stuff is in transit now. Her DH was going back and forth to the new location to work (but still could work in NY).

I think getting the new job is the first step. If your DH gets a job with a larger company, most will assist with relocation (including financially) and many provide short-term corporate housing. Also, sometimes corporate relocation companies will actually buy your house from you and then sell it themselves to assist you, versus you having to sell it yourself. There are many ways it can be done, but a lot depends on the job your DH can get and what that particular company offers (or what your DH can negotiate).

Also, it's not ideal, but your DH could go OOS first to work and you could join him after the house is sold. But many times when someone is relocating, the start date isn't immediate (they will sometimes give you a few months to get things in order to make the move). It's easier if you don't want to buy in your new area right away, and are open to renting while you get acclimated.

But I can't imagine selling your house and then being pressured to move and not know where you are going (or even if your DH will get a job).



Thank you!! This was very helpful!! Ideally we'd like to stay all together. We have 3 very young kids so we'd rather not have DH go first and us meet him down there. Obviously we'd do what we have to if it was absolutely necessary. Thanks so much for the info!!!

Posted 5/5/14 8:25 PM
 

pnbplus1
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Re: Need some help/advice from those who have moved OOS please...

We are moving OOS this week and here's what happened with us:

In terms of work, DH was tranferred with his current employer so that part was easy. But I would still suggest that your DH have a job first. I can't imagine the stress of needing to look for employment once you move bc the reality is that even if there are jobs available, so much more plays into whether or not you actually get the job. So I say job 1st.

Once the job was secure, we put our house up for sale. I was pregnant so we also waited until a couple of weeks until after I gave birth. DH was lucky in that he was able to stay working in the NY office for several months.

We also went house hunting in FL once we knew the job was secure. We decided to build a house which in a way made things easier bc we only had to give a small downpayment and the build was scheduled to take 8 months. So we in essence had a house even though it wasn't officially ours, kwim.

In turns out that we closed on the sale of our house today Chat Icon and are closing in Florida on Wednesday. While it worked out great, it wasn't easy. It came down to the wire bc the new house was almost completed when we finally went to contract to sell here and we needed the downpayment from this sale to fund the new house. It was stressful and we thought that we'd lose the new house at one point.

Had our house in NY sold sooner, we would have just moved in with my parents here on LI or rented in FL. Bc of where we are moving and having a small school-aged child, renting for a year or more wasn't an option for us but I think it can be a smart move for some people. GL!

ETA: I'm the LIFer Christine mentions above Chat Icon My DH's job did pay for relocation and paid for some corporate housing. He also "commuted" for 6 weeks which meant he flew to FL Monday mornings and came back to NY Friday nights. They paid for most of those flights. Christine was great!!!! More on that in a separate post though :)

Message edited 5/5/2014 10:44:47 PM.

Posted 5/5/14 9:34 PM
 

Janice
Sweet Jessie Quinn

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Janice

Need some help/advice from those who have moved OOS please...

Where at in NC?
Our move to NC, we did not have a house to sell...so we just moved down without jobs and winged it.
We since then have moved 5 hours away..had a house to sell.
It was a transfer,we moved and his company had paid the mortage for a long time, then we finally sold.

Posted 5/5/14 9:40 PM
 

luckysmom
Yes it is! Going as planned:)

Member since 6/07

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Re: Need some help/advice from those who have moved OOS please...

Posted by pnbplus1

We are moving OOS this week and here's what happened with us:

In terms of work, DH was tranferred with his current employer so that part was easy. But I would still suggest that your DH have a job first. I can't imagine the stress of needing to look for employment once you move bc the reality is that even if there are jobs available, so much more plays into whether or not you actually get the job. So I say job 1st.

Once the job was secure, we put our house up for sale. I was pregnant so we also waited until a couple of weeks until after I gave birth. DH was lucky in that he was able to stay working in the NY office for several months.

We also went house hunting in FL once we knew the job was secure. We decided to build a house which in a way made things easier bc we only had to give a small downpayment and the build was scheduled to take 8 months. So we in essence had a house even though it wasn't officially ours, kwim.

In turns out that we closed on the sale of our house today Chat Icon and are closing in Florida on Wednesday. While it worked out great, it wasn't easy. It came down to the wire bc the new house was almost completed when we finally went to contract to sell here and we needed the downpayment from this sale to fund the new house. It was stressful and we thought that we'd lose the new house at one point.

Had our house in NY sold sooner, we would have just moved in with my parents here on LI or rented in FL. Bc of where we are moving and having a small school-aged child, renting for a year or more wasn't an option for us but I think it can be a smart move for some people. GL!



wow! Congratulations on closing on the sale of your house today. Thank you for telling me your story. DH will absolutely find a job first. He's a manager in an accounting firm and unfortunately will not be able to transfer with his job as they are only based out of LI. My dad does live down where we are going but with 3 kids and 2 dogs I'd hate to impose on my dad and his wife. Renting Renting until we find a new place could be an option though. We couldn't move in with any family here in NY because no one has the room for us, lol. This is the only thing that makes me nervous. Not leaving here just having
it all come together. Good luck to you and your family!!!!

Posted 5/5/14 9:51 PM
 

luckysmom
Yes it is! Going as planned:)

Member since 6/07

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Re: Need some help/advice from those who have moved OOS please...

Posted by Janice

Where at in NC?
Our move to NC, we did not have a house to sell...so we just moved down without jobs and winged it.
We since then have moved 5 hours away..had a house to sell.
It was a transfer,we moved and his company had paid the mortage for a long time, then we finally sold.



We are looking In the mooresville area right outside of charlotte. DH has seen online that there is a lot out there as far as jobs And he would not take much of a pay cut which would be nice. But the whole process is making me nervous. Him actually finding a job, selling this house then finding another one. hes going to bring all of this up to the head hunter. I'm sure they deal with this stuff all of the time.

Posted 5/5/14 9:59 PM
 

Janice
Sweet Jessie Quinn

Member since 5/05

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Janice

Need some help/advice from those who have moved OOS please...

We were Charlotte/Huntersville at one point.
I would 100% recommend renting first when you move. Almost everyone wishes they would have bought in a different area if they buy blindly from ny.
Dh was down here and used headhunter. He ended up being hired right away, still with original company 7.5 yrs later.
Good luck!

Message edited 5/5/2014 10:03:05 PM.

Posted 5/5/14 10:01 PM
 

KevinNKristin8-15-08
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Kristin

Re: Need some help/advice from those who have moved OOS please...

Posted by Janice

We were Charlotte/Huntersville at one point.
I would 100% recommend renting first when you move. Almost everyone wishes they would have bought in a different area if they buy blindly from ny.
Dh was down here and used headhunter. He ended up being hired right away, still with original company 7.5 yrs later.
Good luck!



I was just going to suggest this. I'm not moving oos, but know plenty of people who did. Some rented and others did not, however the story was always the same- they were either happy they rented or regretted that they didn't. So the recommendation from these people was to rent first. Some didn't like the area and a few others I know actually moved back to ny because they didn't like the way of living, etc (those able to since they rented). I know someone who bought a house and then got stuck in it and hated the area.

And I also want to add- make sure dh has a job before the move. I've also heard stories of people moving and they couldn't find a job.

Lots of luck with everything!!!! Have faith it does seem to all work out in the end.

Message edited 5/6/2014 2:56:13 AM.

Posted 5/6/14 2:52 AM
 

luckysmom
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Need some help/advice from those who have moved OOS please...

Well unfortunately renting is not an option for us unless we absolutely had to because we didn't find a house yet. We have family in the area we are looking we really like it there plus the school district seems to be really good. With 3 kids under 4 and 2 dogs we'd rather only move once. We wil check out the surrounding towns though as well. Dh will definitely have a job before we move down there. Thanks ladies!

Posted 5/6/14 9:22 AM
 

Lucky09
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Re: Need some help/advice from those who have moved OOS please...

Our neighbors just moved from NY to TN.

-Her DH got a new job that started immediately (transfer within his current company) and he moved down there into a small apartment
-She stayed in NY and put house on market.
-House took 4 months to sell
-She had 2 small children (in preschool) so she would go visit him with the kids for long weekends and sometimes he would fly up.
-They figured out where they wanted to live down there before the NY house sold and they put money down to start the process to build a house
-Sold house in NY and closed a week before their new house was ready
-Moved into new house in TN

It was stressful for her being alone for the sale of their NY house without her DH but in the end they are very happy they made the move.

Good luck to you!!!

Posted 5/6/14 12:14 PM
 

LSP2005
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Re: Need some help/advice from those who have moved OOS please...

Find the job first. He may need to live either with family or in a residence inn style hotel for a few weeks. I would put the house up for sale, at the same time, but aim to close after he starts the job. I would look for a house but have contingencies if necessary.

Posted 5/6/14 1:03 PM
 

luckysmom
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Re: Need some help/advice from those who have moved OOS please...

Thanks ladies! If he had to he could live with family until things were settled up here with selling our current house. We are hoping not to have to be separated, but obviously we will do what we have to if it comes down to it. We've both been pretty excited about this but secretly inside i am freaking out and stressing about this part of it. All DH needs to hear from the head hunter is that he can easily get a job making decent money doing what he loves and we will start the process of getting off Long Island. It's just so nerve wracking when you've got small kids to think about too...

Posted 5/6/14 4:04 PM
 

ave1024
I Took The Wrong Road

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That Led To The Wrong Tendencies

Re: Need some help/advice from those who have moved OOS please...

Why the rush to buy? Rent first.

Posted 5/6/14 4:15 PM
 

luckysmom
Yes it is! Going as planned:)

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Re: Need some help/advice from those who have moved OOS please...

Posted by ave1024

Why the rush to buy? Rent first.



Because with 3 kids under 4, 2 dogs and a sh!t ton of stuff, we don't want to move our stuff out of one house, into another house or into storage just to do it again. Its just not an option for us unless its absolutely necessary. We know where we want to be and there are brand new houses that we love that are just being built so we'd rather just buy.

Posted 5/6/14 4:25 PM
 

ave1024
I Took The Wrong Road

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That Led To The Wrong Tendencies

Re: Need some help/advice from those who have moved OOS please...

Posted by luckysmom

Posted by ave1024

Why the rush to buy? Rent first.



Because with 3 kids under 4, 2 dogs and a sh!t ton of stuff, we don't want to move our stuff out of one house, into another house or into storage just to do it again. Its just not an option for us unless its absolutely necessary. We know where we want to be and there are brand new houses that we love that are just being built so we'd rather just buy.




Unfortunately some things when moving can be inconvenient. You are basically asking a bank to approve you for a mortgage without having a steady job with history. Are you working or do you have a job lined up? Are you at least putting a significant amount of money down?

I really don't see a bank handing out a mortgage to somebody that is just starting a new job (or about to start) without having a significant down payment.

I would think most people when relocating and having to start a new job (not a job transfer) would usually rent first. Build job history. Then buy. But hey that's my two cents. If banks are more willing to hand out mortgages, then maybe times have changed.

Posted 5/6/14 5:33 PM
 

luckysmom
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Re: Need some help/advice from those who have moved OOS please...

Posted by ave1024

Posted by luckysmom

Posted by ave1024

Why the rush to buy? Rent first.



Because with 3 kids under 4, 2 dogs and a sh!t ton of stuff, we don't want to move our stuff out of one house, into another house or into storage just to do it again. Its just not an option for us unless its absolutely necessary. We know where we want to be and there are brand new houses that we love that are just being built so we'd rather just buy.




Unfortunately some things when moving can be inconvenient. You are basically asking a bank to approve you for a mortgage without having a steady job with history. Are you working or do you have a job lined up? Are you at least putting a significant amount of money down?

I really don't see a bank handing out a mortgage to somebody that is just starting a new job (or about to start) without having a significant down payment.

I would think most people when relocating and having to start a new job (not a job transfer) would usually rent first. Build job history. Then buy. But hey that's my two cents. If banks are more willing to hand out mortgages, then maybe times have changed.



The mortgage is a non issue and was not part of my question. I simply asked how others handled it and how it worked out for them.

Thanks to those of you who answered my questions. It'll be one heck of a process but we know what we have to do now and what some of our options could be.

Message edited 5/6/2014 6:10:38 PM.

Posted 5/6/14 6:10 PM
 

Bellaocchi
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Re: Need some help/advice from those who have moved OOS please...

Hi Luckysmom,

My husband, my 2.5 year old, my dog and myself moved OOS recently to Florida.

I would definitely say the job should be secured first. Then you can move forward with deciding what you're going to do. Which I am sure, since you posted your original post; you guys kind of know what direction you're heading in.

In our case, My husband's job was a voluntary transfer through his company.
We visited in January and decided what was best for us was to rent out our home in NY.
We decided to rent here in Florida as well for the first year or two until we decide which area we want to buy in.

We've been here in Florida for about 7 weeks now. We love it! I will never want to move back to NY. Wish we could have moved here sooner..

Good luck to you and your family. In the end.. things really do have a way of working themselves out if it's meant to be! Chat Icon

Posted 5/23/14 3:49 PM
 
 

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