Buy Before You Sell — Lendia California
How Long Do I Have to Sell My Current Home After Buying the New One?
Most Buy Before You Sell programs give you a window of 6 to 12 months to sell your departing residence after closing on your new home. The exact timeframe depends on the specific BBYS program and provider.
Why the Window Exists
The BBYS provider has extended an advance or bridge against your departing residence. They need the sale to occur within a defined period so the advance can be repaid. The sale window is a contractual requirement, not a suggestion.
What Happens During the Window
You are expected to list the property and actively work toward a sale. Most programs require that the home be listed for sale within a set number of days of closing on the new purchase — typically 30 to 90 days. You and your real estate agent control the listing price, showings, and negotiations.
California Market Context
In Southern California’s active real estate market, most well-priced homes sell within 30 to 90 days. A 6–12 month window provides substantial buffer for most sellers, even in slower market conditions.
Extending the Window
Some programs allow for extensions if the home has not sold within the initial window, potentially for a fee or adjusted terms. This should be discussed with your BBYS provider before you commit to the program.
- What Is Buy Before You Sell and How Does It Work?
- Who Qualifies?
- BBYS vs. BYOC — What Is the Difference?
- How Is the Departing Residence Handled?
- Do I Need to Sell First?
- How Is Income Qualified with Two Properties?
- What Loan Types Are Compatible?
- How Long Do I Have to Sell?
- What Happens If My Home Doesn’t Sell in Time?
- What Are the Fees and Costs?
- Is It Available for Investment Properties?
- How Does It Affect My DTI?
- Is It a Good Fit for California’s Market?