Quote:
Originally Posted by Hemi-Cuda
What prompted you to sell out of curiosity? I imagine the high of selling in this market would be tempered pretty quick if you then have to try and buy a new place to move into
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We signed to purchase and build a new home back in October of last year when some of the commodity pricing settled down and without fear of an any escalation clauses. Our original possession was January 2023 but we made ourselves available to our builder for any short notice and cancellation appointments and were fortunate enough to have our possession bumped up to mid-October of this year. It just so happened the sale market went absolutely batcrap crazy and we opted to capitalize before it cooled down.
With a July possession date of our existing home we planned on going to Europe to see family for 6 weeks in the summer and then move into my parents for 60-90 days before our new home is ready. I am thankful it all kind of just worked out.