Any updated information? We are in the same situation and would like to know if it is possible to ask more relocation expenses (including selling old house and buy new house). Can I ask if I can use part of the start-up funding to cover the relocation expense? Thanks
we did not get it this time. But, we think we will use the first year summer pay toward the house-selling and house-buying. after-tax money. we only got some exact money to cover the house-hunting trip for my family. you may check with your department head to ask. I know UC has the policy to have 50% lower mortgage rate to faculty. Good luck.
Everything is possible for private institution. I know some schools have houses for very big bulls. For public, it is very hard to go over what the state law allows.
UC only covers house-hunting trip and 50% of moving expenses, although you can use your startup to cover the rest. UC has its own mortgage program. Typically the rates are below market rates. For example UC rate is currently 3% for 30-year term. However, it is a variable rate, and changes every year.