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    sugsanbudx's Avatar
    sugsanbudx Posts: 3, Reputation: 1
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    #1

    Jun 16, 2010, 03:50 PM
    Move-up america
    Anyone heard of www.moveupprogam.com or move-up america? Would trading in your old home to buy a new one work with these types of programs?
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #2

    Jun 16, 2010, 04:34 PM

    From the brief info I read it does not sound like you are "trading" in your home, but giving their real estate company do the selling.
    Their company or a contract real estate agent, sells your house without the larger commisison, normally about 6 or 7 percent.
    They can do this, since they are making their profit off the home sell.

    You could normally make a deal with a local agent for reduced commission if you sign a contract to allow them to sell your current home if you also bought a home though them also.

    Plus there are even real estate agents that will sell your home for a flat fee also.

    Or even sell your own home for no commission and buy a new home without what I am sure a over ride price from another company.

    Also I am sure they will require the home to be priced at a current market value, a problem for many, since home values have went down 50 to 60 percent in many areas.

    and buying a already built house is often so much cheaper now than building, due to also the flood of empty, or foreclosed properties

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