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Home Owner Tips, Upgrades and Maintenance General information on what to do with your new home. Garden, yard, driveway, basement finishing, and everything in between.


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Old 2005-09-21, 06:38 PM
Melfice Melfice is offline
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At what stage of the new house should we sell our old home? When basement is poured and going to get frame, or should we wait a bit longer? TIA!
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Old 2005-09-21, 07:26 PM
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GregS GregS is offline
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Your builder may have concern over you listing it prior to the closing date because it's not yours until then.

Best to consult the lawyer who is handling your transaction to find out what your options are.
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Old 2005-09-21, 07:31 PM
Melfice Melfice is offline
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Huh? I said my old home, not the one is being build, guess you misunderstood me.
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Old 2005-09-21, 08:47 PM
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GregS GregS is offline
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Silly me. I appologize... I'm in the process of selling mine too.

When is the best time to sell your _old_ home? (duh!)

You can list it anytime you want, but it can sell in 2 days or 6 months.

The sooner you get it up the better, just make sure you detail the earliest closing date to perspective buyers.

But keep in mind, just because your closing date is X with the builder, doesn't mean it's going to happen on X. If the builder does have a delay, you may be able to ask your buyers if you can delay the closing of the old house sale.. Or if possible, find temporary lodging for your and your stuff.
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Old 2005-09-21, 11:43 PM
Leah & David Leah & David is offline
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Your Real Estate Agent should be able to help you determine a good date by looking at the cycle in your area. My area was hot in spring and summer but historically slowed down in the fall. We listed in June, sold in a week with a late October closing. We were concerned that the closing date would be an issue for a buyer but it wasn't and we built in a 3 week cusion (have to bridge now) but if the builder delayed we had some extra time. We also kept asking the builder if they expected delays and we have been lucky. We close in a couple of weeks. I had an excellent agent and that does make a difference.
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