Saturday, December 15, 2012

List of important things to do and to have when relocating to a new address

In the past, I did a couple of relocations both local and overseas. Before, during, and after relocation, it is often painful, stressful, expensive, and troublesome. The worst of the worst, is even living with people that are "good" at the beginning and bitter towards the end especially when money is on the table. The worst situation of all my relocations was to live with persons that were my "friends" at the start but then turned out to be abusers, gold diggers, preying and taking advantages of me and my kindness. When you buy a property, make sure that you buy it for yourself and that it is 100% owned by you. If you cannot afford a home, townhouse, or condo, DO NOT BUY IT WITH ANOTHER PERSON.

In the past, I bought a condo with another person and had a mortgage of 5 years fixed rate. On the second year of the mortgage, I found a good and better paying job in another province, same country. The first agreement was to sell the condo and split the profit or loss expenses in half and I would give her the payment for her first and last rent of the apartment. However, she disagreed and opted to buy the condo for herself instead. She strongly disagreed because she reasoned out that she will rent an apartment but will waste money in the drain in the long run. So, she refused the first agreement to sell the condo. She would not sign if the condo would be sold to a different person.

On the second agreement, an estimate of the costs to sell the condo was provided by the agent and sounded a reasonable choice for me instead of paying rent on my new address and at the same time paying mortgage on my old place (condo) while it is on the market and not yet sold. However, during the processing of documents related to the sale of the property, certain expenses were incurred outside and beyond the estimate and the estimated amount of expenses would be exceeded and she pressed on me to pay it 100% of the extra expenses in excess of the estimated amount and herself without spending a dime. I was devastated, it was hell living with this person and a terrible mistake to buy the property with this person!

Concerning relocation, I listed below some of the most important things for you to do and to have before, during, and after the move:

- Don't settle for a cheap place and compromise theft, crimes, and other dangers from the community
- Find a place that is convenient and close to schools, supermarkets, bus routes, malls, hospitals, etc.
- Lease insurance or mortgage insurance
- Piggyback of Power (electricity)
- Inspection of suite or apartment, take note of damages before you move in
- Make sure there is no smell of paint or other unwanted stink
- Book the elevator in advance for moving in or moving out
- Organize and pack your house goods and items nicely and squarely, convenient to carry with less risk of being damaged
- Passport, make sure it is not expired
- Cash in your wallet, for taxi and other incidental expenses
- Call and or update your change of address on file in your banks, credit cards, insurances, pension plans, bills, taxes, businesses, etc.
- Cancel your old bills and services connected to the old address
- Duplicate your keys

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