We are in Raleigh NC area. Kids have moved out, and we have decided to downsize. We have signed a contract with a builder, and he expects to finish construction and close in June, depending upon weather, etc. We are concerned about the timing of putting our current home on the market and the risk of aligning the sale and closing of the current house with the new house.
I understand we can incorporate the date to close in the contract to sell, but what if the construction is delayed and we need to reschedule?
We have been considering an "IBuyer" like OpenDoor since it seems to have more flexibility so we can align the date for both closings. However it looks like the offer price is lower than we will get by selling through a realtor. I also understand OpenDoor has some hidden fees.
Looking for recommendations. Thanks
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source https://www.reddit.com/r/RealEstate/comments/1hihvvf/building_a_new_house_and_concerned_about_timing/
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