Home Builders Buy Your Existing | Home

: By securing a buyout offer, the builder treats you as a "non-contingent" buyer, allowing you to lock in a new construction contract immediately. 2. Common Benefits

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 home builders buy your existing home

: You avoid the hassle of staging, showings, and open houses while living in the home. : By securing a buyout offer, the builder

: You typically stay in your current home until the day your new one is ready. : By securing a buyout offer

While every builder varies, the process generally follows one of these structures: