How A Furnished Condo Or Apartment Helps When Selling Your Home
Corporate housing earned its name years ago when companies would reserve properties for its employees and contractors
. When the demands of the business required workers to travel to other locations, the companies would have fully-furnished apartments, condos, and townhouses ready to accommodate them. This allowed businesses to avoid the high cost of placing employees in hotels for extended stays.
The service is no longer limited to those who work for corporations. Property managers, realizing many people want the comfort and convenience of staying in a furnished living space while on the road, have extended the service to others. This includes business travelers, vacationing couples, and those who are in the middle of selling their homes.
Below, we'll describe how corporate housing can offer an ideal solution for those who are dealing with the stress of moving. We'll also take a closer look at the details of relocating a family.
When A Furnished Apartment Or Condo Is A Good Fit
When you sell your home, you and your family need to have a place to move into. The problem is, finding a home you like within a neighborhood that offers the features you want requires research. For example, you should learn about the neighboring city's crime rate, employment rate, HOAs, and availability of hospitals, police departments, schools, parks, and other amenities. This type of research, of course, takes time.
In this situation - selling your home and moving into another - you have a few options. First, you can buy a new place before closing escrow on your current home. There is clearly a high degree of risk since escrow can fall through.
Second, you can choose a new home quickly after selling your current one. However, without first conducting research on the surrounding city, this might entail making a hasty purchase you'll regret down the road.
Your third option is to sell your home, and then take your time when looking for a new place. Doing so would give you an opportunity to ensure a new property and the neighborhood in which it is located offers everything you want.
This latter option is where a furnished apartment or condominium offers a practical solution. You'll have access to the amenities you normally enjoy at home, such as high-quality furnishings, a fully-stocked kitchen, and modern appliances (including a personal washer and dryer). Most properties come with high-speed net access, cable television, and an LCD TV. Your utilities are included in the monthly invoice, so there's no need to worry about paying them individually.
Many corporate housing facilities also provide access to biking and hiking trails as well as a community gym and pool. Some allow pets while others are designed to accommodate busy executives. Some are especially well-suited for families with young children.
Temporary, fully-furnished housing is a good short-term solution for those who are selling their homes, and have yet to purchase new ones. It alleviates the need to rush a purchase decision out of necessity or desperation.
Factors To Consider When Moving Your Family
Moving is always stressful. You're forced to leave familiar surroundings for less familiar territory. Moreover, there are countless details to manage, such as home inspections, utility hookups, and unpacking. Relocating your spouse and children adds another layer of complexity and stress.
You'll need to find out information about local schools near your new home. You want to be comfortable that your kids are attending a school that provides the learning opportunities they need to excel. You might also want to investigate local churches and other religious institutions. As a parent, you may want your neighborhood to offer recreational facilities for your children.
If your spouse intends to work after the relocation, you'll need to evaluate job availability and industry growth near your home. Additionally, will the neighborhood offer opportunities to make friends with others?
These and many other details should be researched prior to buying a new house. Hurrying the purchase without this type of information can lead to regrets in the future. For many people facing this problem, corporate housing provides a short-term answer that eliminates a lot of the stress.
by: Jason Hindle
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