Selling a home and moving is expensive. No need to further add to your expenses by making costly mistakes. Here’s a handy checklist to keep you from incurring extra costs.
- Talk to your bank. Let a representative know you’re moving and make sure you’ve canceled any automatic payments on your old home. Besides the mortgage, these could include utilities, homeowner association fees, and trash pickup. This will also save you the hassle of trying to get a refund.
- Notify the U.S. Postal Service. This will ensure that bills are forwarded in a timely fashion avoiding late fees. If a bill does arrive late, talk with the vendor. Most businesses will grant a waiver.
- Triple check your closing statement. People make mistakes. Numbers get entered incorrectly. Go over the statement with your attorney and agent. Having an extra set of eyes reviewing every figure will ensure you’re getting the proper amount at closing.
- Keep your receipts. Tax payments, insurance payments, storage unit agreements, moving company contracts and invoices for repairs should all be scrutinized. You’re spending a lot of money during a stressful time period. As always, be wary of hidden fees or add-on costs that weren’t properly explained.