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An informational source for people who are relocating, with a particular focus on moving to the Carlsbad area of North County San Diego (and nearby coastal communities), with advice, guidance and true stories to help you on your way and make it a great journey, from a REALTOR� with plenty of personal (4 major moves, most recently from Boston to Carlsbad, California) and professional relocation experience. Are you running into problems selling your home? Need to find a new one quickly? Never moved before and haven't a clue? You'll find some great tips on how to solve your relocation issues here. Or ask me a question any time and I'll share some solutions or tell you where to get more information. CA DRE License #01490977


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Renting before Buying

Is it better to rent first or buy in your new location?!

That's a tough one, and it depends on your personal situation, how you want to live, if you have a house full of pets, your financial concerns, children and schools, etc. I've done it both ways. We rented when we moved from Minneapolis back to Boston; we bought before we moved from Boston to California.

The advantage to renting first is that you can take the time to really get to know the area and decide where you want to look , plus you have time to look more carefully before you buy. Say, for example, renting for 6 months. On a house hunting trip you are limited in time and may have to buy quickly even if you are not ready. I think renting can work if you really don't have time to find and buy a home while you are relocating. It's best, I believe, if it's a conscious decision and not one that is forced on you.

In my opinion, there are some disadvantages - (1) you have to move twice in a short period of time,  (2) you may not have all your furniture and "stuff," (3) finding a rental that takes pets can be a challenge, (4) finding a short term rental can likewise be tough (although perhaps less in this slower market), (5) finding the right rental in the same town where you want to buy so your kids don't have to change schools twice in 1 year may be hard to do, (6) financially it may cost you more since you have to pay the rent plus 1-2 months security and maybe the last month's rent in advance, (7) psychologically and emotionally it can be hard to move to a rental in a new place (and the condition may not be what you are accustomed to).

I can't give you the answer, but am simply suggesting this may be something to ponder, and think about the pros and cons.


Posted: 2:22 PM, Sep. 29, 2006
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