6 Tips for Rental Lease Cancellation Assistance

Employee relocation often involves those who rent or lease their residence. Relocation policies should reflect this situation and offer assistance to those transferees in need. Monetary penalties for lease cancellation typically are manageable, particularly if the employer designs their policy carefully. Longer-term leases, with extended time to run, can generate some larger monetary penalties,

Employer and Employee Benefits of House Hunting Trips

Whether you are a homeowner or renter, when relocating to a new, unfamiliar area, you certainly would appreciate assistance from your employer. Whether you're a senior executive or a new lower-level hire, all relocating employees can use employer help in finding a new residence. The best employee relocation policies contain this important feature. They can take various forms, all of which are

New Home Purchase Assistance

A major component of professional corporate relocation programs has always been – and remains – assistance with selling the transferee's current home and purchasing a new residence in an unfamiliar area. The recent recession and accompanying housing crash has made this relocation component even more vital to a successful executive move. The continuing uncertainty regarding a consistent economic

Rental Lease Cancellation and Assistance

Relocation assistance often focuses on helping new or transferred employees sell their homes. Often overlooked is the help needed for those key employees who are renting or leasing homes. When relocating at their employer's wishes, renters often need help in making graceful and financially reasonable exits from their current homes. Legal Lease/Rental Termination Conditions You'll not be

Relocation Policy Varieties

Employers offer different relocation policy varieties. However, most policies fall into one of two primary categories, sometimes with identical components. Employers may have a single "one size fits all" policy for all transferred employees, regardless of their position. A second popular relocation policy is a tiered variety, with benefits that vary with the employee's grade or pay level. Tiered

CapRelo’s “Guess the Monument” Contest

We are excited for the Worldwide ERC Global Workforce Symposium in Washington, D.C. Because the conference is taking place in our hometown, we invite you to participate in our “Guess the Monument” contest starting September 10th. Why play? Everyone who enters will receive an exclusive relocation article. You will have a chance to win a weekly prize. You will have a chance to win the grand prize,

Who Are Home Buyers Today?

Each year, the National Association of REALTORS® Profile of Home Buyers and Sellers survey provides the latest demographics, preferences and experiences of recent home buyers and sellers. Highlights from the 2011 Characteristics of Home Buyers[1] can help you see the challenges your relocating employees face in the real estate market: First-time home buyers make up 37% of the market, a drop

The Current State of Real Estate

After several years of sluggish sales, declining markets, and increased REO's we finally see a light at the end of this tunnel that should help transferees trying to sell homes. Across the country, markets are starting to recover with increased sales and decreased inventories, causing a modest increase in prices. In addition, overall mortgage rates are the lowest in 50 years with 30 year fixed

Using BVO in Government Relocation Programs

For years, the Guaranteed Home Buyout program has been a great benefit for government employees. This type of program is a safety net in the event the employee can't sell their home on their own. The program features a guaranteed offer from a third party relocation company based on the average of two appraisals. Once the relocation company buys the home, the employee is relieved of the financial

Exclusive Webinar: Tornadoes, Hurricanes and Earthquakes: Is Your Relocation Program Ready for a Natural Disaster?

Unfortunately, it seems that almost every day we hear more stories about big storms, earthquakes, or wildfires, and the damage they cause. These disasters can pose unique problems for you and your relocating employee. We invite you to our free, exclusive WERC Learning Zone webinar on August 14th at 2 pm ET, “Tornadoes, Hurricanes, and Earthquakes: Is Your Relocation Program Ready for a Natural