Home Builders Buy Your Existing Home -
: You typically stay in your current home until the day your new one is ready.
: The builder (or a partner company) buys your home outright at a predetermined price, usually shortly before you close on your new home. home builders buy your existing home
: Closings are often coordinated for the same day, preventing temporary housing costs. : You typically stay in your current home
: Some programs allow you to access your home’s equity early to use as a down payment or to pay off debt for loan approval. 3. Key Trade-offs to Consider Trade Your Home - Granite Ridge Builders : Some programs allow you to access your
Home builders often offer programs to buy your existing home—commonly called or Buyout programs —to remove the hurdle of selling before you can move into a new construction. These programs typically function as a "guaranteed sale," ensuring you aren't stuck with two mortgages. 1. How These Programs Work