How does the new home liquidation sale work?

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NewHomeSale.org is a new home liquidation website for home builders, banks and others liquidating new construction homes.

Each new home being liquidated is part of a group of new homes that has an absolute end date to its sale; this date is listed on each individual listing.

Once a new home liquidation sale begins it is first come, first served. Once an offer has been approved the home is marked as sold and no other offers will be accepted.

Potential Buyers are Urged to Visit Sites

Buyers interested in purchasing a liquidated new home are urged to visit the new home as early as possible during the sale. Feel free to ask personnel on site about the home warranty and other pertinent questions.

Pricing

Each new home that is part of the new home liquidation sale is required to show its previous list price in addition to the liquidation sale price.

Making an Offer

Oregon and Washington real estate law requires all sales to be written and part of a standard state approved Earnest Money Agreement. Your offer will be submitted for approval as part of a standard approved (EMA) for the state that the home is located in.

Using a Broker

Buyers can bring a broker to represent them in purchasing one of the liquidated new homes, or they can submit their offer directly without a broker. On site personnel will be able to answer your questions and help you submit your offer.