Moving from an old home to a new one can be challenging, especially if you cannot control the timeline. Thus, sometimes you may need to move from your old house before finding the perfect new one.
Many options will involve storing your possessions. If you need to move early, inquire about storage possibilities with your professional mover. Most movers can easily store your goods until you need them.
Here are some options if you find yourself needing to move before you’ve found a new home.
Bunking With a Friend or Family Member
If the time between moves is short, you may consider moving in with a friend or family member temporarily. This option works better if you are single or have a small family. This option may be free or relatively low cost; however, it could damage your friendship if it continues for too long.
House Sitting
Some companies send employees on extended work assignments in other locations and may seek someone to stay in that employee’s house during that time. In addition, institutions, such as universities offer sabbaticals to faculty members, which may also provide an opportunity for house sitting.
You might find these opportunities by inquiring locally, but you can also join one of several online platforms for a nominal fee. You may even receive a small stipend, which would cover the cost of storing your belongings.
Short-term Rentals
Short-term apartment rentals are another option. Standard lease lengths are three or six months, although some apartments rent month-to-month. Short-term rentals typically come furnished, so you could store your furniture and belongings with the moving company until your long-term home is ready.
Calling a property management or leasing company is one way to find a short-term rental. You can also ask around; sometimes, people seek to sublet their apartments for short periods. Online platforms also offer the opportunity to search for short-term apartments with specific features.
Extended-stay hotels and corporate furnished housing are other options if your stay is short. These tend to be a little more expensive, however.
Leaseback Agreement
If you own your home and sell it before finding a new place to live, a leaseback agreement is another option. In a leaseback agreement, sometimes also called a sale-leaseback, you close the home sale as usual and then become the purchaser’s temporary tenant after closing. The rent will cover the cost of the buyer’s mortgage payment.
In some markets, leaseback agreements occur in about 25 percent of sales. The buyer must have a flexible moving date for this option to be feasible. If feasible, you could save the storage cost and only need to move once.
When the Time is Right
We can help you relocate to your new home. Contact us for a free quote. From packing to storage and more, we can help you plan your upcoming move and make it easy.