I’ll be losing my job at the end of the year. Don’t worry about me, I’ve got a pretty decent severance package, and I was looking for an excuse to move to another state anyway. But jeez this whole process is about as stressful as things get. It’s hard to move and change jobs at the same time, especially over such a long distance.
The issue boils down to this:
My realtor can’t show me any more homes until I bring a preapproval letter from a lender. The lenders don’t want to preapprove anything because I won’t have a job then. It doesn’t matter that my severance payments will be the same as my regular paycheck, because it’s not forever.
The order of things is making it difficult. My current house is worth a good deal more than I have left on the mortgage, so I should be making a profit. But I don’t get that until after I sell it, which is after I move, when I could really use that money for the move itself.
I could go ahead and apply for a job up there, but I wouldn’t be able to start until mid-January. So basically I need to get hired for a job I can’t work at yet, just so I can say I have a job.
I could temporarily move into an apartment in the new state, until I get a job. But the problem with that, besides having to move twice, is that we’re unlikely to get one large enough for all our stuff. One of the reasons we’re moving is to get more square feet for all our stuff. It would suck to have to sell half our stuff just so we can move into a temporary apartment. And that’s if we can even find an apartment that allows three cats.
And yeah, we can rent a storage unit for some of our stuff, but that’s just more money on top of everything else.
I can’t be the first person to move to a new state between jobs. Seriously, how do people do this?
Anyway, the usual self-promotion: If you're reading this and want to help, buy my books or buy me a coffee.
