Navigating today’s housing market to find a suitable apartment for your lifestyle and budget is challenging enough even if you are searching within a state you are familiar with – let alone when trying to find out-of-state accommodation!
But, if you are set on your decision to move, there are a few strategies to make your apartment search easier. Thanks to listings with available virtual apartment tours to resources to learn more about the local cost of living, moving to another state does not have to be as daunting as you think.
Learn how in the guide below!
Visit Your New State Before Moving There
If it is possible for you to visit your new state, you should do so without thinking twice about it! Even a short visit can help you better understand the quality of life in a certain neighborhood or the lifestyle in a specific area of the city.
Experiencing a potential new home in person can also guide you in your apartment search, even if you decide to carry on with it from your home state or remotely.
Research the Local Cost of Living and Housing Market
One of the easiest mistakes to make when moving to another state is to assume that the local cost of living and rentals will be similar to the ones in your home state. However, no two states have the same housing market, inventory supply, or average rental prices!
For example, according to 2022 statistics, renting a one-bedroom apartment in Hawaii could set you back $1,718, while the same accommodation type costs around $703 in North Dakota. Given these fluctuations, make sure to research the housing market in advance to avoid unpleasant surprises.
Put Your Finances in Order and Get Your Deposit Ready
Moving to another state can be a costly project! So, the next steps are to take a hard look at your finances, determine how the new rent will impact your budget, and get your deposit ready.
If you are looking to reduce expenses, starting your apartment search in advance, comparing rental deals, and working with the cheapest moving companies can help you get out of your out-of-state move financially unscathed.
Work With a Local Estate Agent That Offers Virtual Apartment Tours
If you are not familiar with the real estate market in your destination state, consider working with a local real estate agent who can help you navigate the highly competitive landscape.
What’s more, choosing listings and companies that offer virtual apartment tours can help you reduce the risk of falling victim to real estate scams, which have spiked in frequency in hot real estate market areas such as Boston.
Review Your Rental Lease
Once you have found your dream apartment and you are ready to move in, make sure to review your rental lease agreement before signing it! Some of the key aspects to assess include your landlord’s smoking policy, guest and noise policy, and whether subletting is allowed in the state.
After all, the last thing you’ll want is to lose your deposit by inadvertently breaking the contract’s terms!
5 Key Questions To Ask Your Out-of-State Landlord Before Moving In
There might be hundreds of questions that you might want to ask your future landlord. However, the five below are not to be skipped!
● What Does the Rental Cost Include?
Depending on your landlord, your rent cost might also include utilities and some taxes. Be sure to clarify how much you’ll be spending each month. What’s more, don’t forget to inquire about additional fees such as late fees, hidden charges, rent increases, and security deposit requirements.
● Who Has Access to the Apartment and When Should I Expect Inspections?
Although the landlord might visit the apartment at any time given that he or she has provided at least 24 hours’ written notice, you might also expect routine inspections, checks, and maintenance visits. Know what to expect to avoid future inconveniences.
● Who Can I Contact for Emergencies or Repairs?
Safety and maintenance emergencies can happen, and knowing who to call can save you more than one headache! Be sure to write down the contact details and working hours of your landlord and appointed maintenance managers.
● Is There Something About the Apartment I Should Know?
Double-check with your landlord about other details you should be made aware of, including existing damage to the apartment and planned building works.
● Do I Need Renters Insurance?
Although all renters are recommended to invest in renters insurance, some rental apartments and landlords make it mandatory for occupants to take out insurance. Check with your landlord to learn more.