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Buying or Selling a Home/Sell Back New Construction

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Expert: - 5/27/2008


Question
I recently moved into a new construction home where the specs where picked out by someone previous. I have made a decision to move else where. Is there a way to sell back to the construction company for even money? I have been living in it for under 6 months.

Answer
Hi Vicky-

You say that you "moved in" but you don't mention purchase.  I'll assume that you did purchase the property.
So, You bought the house.  If you bought it, you can sell it to the builder or anyone else, for any price they are willing to pay.  But why would the builder want it back?  I think that unlikely.  You will likely have to get a Realtor and sell your home on the open market.  I'm afraid buying a house is not like buying a toaster - you can't go back to the store and return it.

Sincerely,

Matt Heisler  

Buying or Selling a Home

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Matt Heisler

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I can answer questions about buying or selling your home, and questions about the market in Massachusetts, with detailed answers if you ask about my specific area in Mass, Metrowest. I can help with Investment property and the basics of financing. How to construct deals and how to find bargains and how to protect capital. Land, home sales, rehabs, fix and flips, income property are places where I could be able to assist you. I can also answer basic questions about foreclosure, short-sales, 1031 exchanges, and basic questions about how the economy and credit markets are functioning and how that affects you.

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My company sells residential real estate in Metrowest, and we have had a been selling real estate in the area for 20 years. My Blog can be read at Real Estate Sales in Massachusetts

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Vanderbilt University BA

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