Why Buying and Moving to a New Home Is So Expensive

Just when you thought your down payment was the last big check leaving your bank account, you’re hit with more fees at the end of the home buying process. From closings costs to moving expenses, the amount of money often required to actually buy and move to a new home can be downright staggering. Purchasing a new home is only half the battle. The other half is figuring out how to physically move your belongings (and yourself) in the most economical and efficient way possible. Unfortunately, these moving expenses and closings costs add up quickly. Below, we’ve included a list of important expenses to consider before you decide to buy and move to a new home.

9 Moving Expenses Involved When Buying and Moving to a New Home

Your moving expenses may include making necessary home repairs

You may have to pay for a home appraisal

You’ll have to pay for a home inspection

You may have to pay Realtor fees

You may have to pay mortgage broker fees

You may have to pay for a moving company or DIY moving services

You’ll probably have to buy moving supplies

Your new place may require new furniture

You may need a storage unit

Moving soon?

We know buying and moving to a new home is stressful. Costly moving expenses certainly don’t make it any easier. Fortunately, we’re here to help. Our comprehensive Move Planner provides you with a customizable moving checklist, personal tasks list, helpful recommendations, email reminders and plenty of coupons to get you organized and help you save money. Best of luck and happy moving!