Home Builders Buy Your Existing Home Direct
: 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
: 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
While every builder varies, the process generally follows one of these structures: : Some programs allow you to access your
: You typically stay in your current home until the day your new one is ready. While every builder varies, the process generally follows
: The builder lists your home through their preferred brokerage. If it doesn't sell by your new home's completion date, the builder’s partner buys it from you for a guaranteed backup price.
: Closings are often coordinated for the same day, preventing temporary housing costs.