: 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
: You avoid the hassle of staging, showings, and open houses while living in the home. : 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 preventing temporary housing costs.
While every builder varies, the process generally follows one of these structures:
: Closings are often coordinated for the same day, preventing temporary housing costs.