Need to time the sell of our current house with buying a new build

We bought our first house (new build) in 2021 and have a nice interest rate. However, as a family of 5, we’ve quickly outgrown this 3-bedroom house, and the neighborhood isn’t the best. We found a DR Horton 5-bedroom in a phase 2 community that we’re on the interest list for. However, in order to sign a purchase contract, they say our current house has to be under escrow. They’re giving us a timeline of completion in April/May. I’m just worried about getting screwed because my kids are homeschooled and my husband and I both work from home. We need the funds from the sale of our current home to put the down payment on the next house. When should I put my house on the market?

It sounds like you’re in a bit of a tricky situation. Ideally, you’d want to list your house about 6-8 weeks before you need to be under escrow, especially since it may take time to find the right buyer.

With kids being homeschooled, you might want to consider listing your house during a school break or at a time that’s least disruptive for your family. This way, showings won’t interfere too much with your daily routine.

Check the local market trends too. If houses are selling fast in your area, you might want to list sooner rather than later to ensure you get the best price.

You might also want to talk to your real estate agent about a contingency plan. Like, what happens if you find a buyer but your new build isn’t ready yet? They might have insights on how to navigate that.

I totally get the stress. It can feel like a lot. Just remember, it’s okay to take your time and make sure everything aligns right for your family.