What Drives Costs Up?
Relocation costs can vary widely depending on individual circumstances. Some of the key factors include:
- Housing market conditions (location, demand, property type)
- Credit score & loan terms that affect borrowing power
- Distance of move (local vs. cross-country relocation)
- Family size & lifestyle needs that increase moving expenses
What Drives Costs Down?
The good news is that as a physician, you have access to unique programs and partnerships that reduce costs:
- Physician loan programs (0% down, no PMI)
- Referral-based relocation agents who negotiate incentives
- Exclusive partner discounts (Truist, Doc2Doc, BHHS, and more)
- Streamlined moving packages designed for medical professionals