Thinking about buying new construction in Aurora, but worried about selling your current home first?
You’re not alone — and you don’t have to stress.
With the right strategy and a home sale contingency, you can move up with confidence, not chaos. Here’s how it works, what builder deals are available right now, and how to avoid the costly mistakes that trip up most buyers.
What Is a Home Sale Contingency and Why It Matters
A home sale contingency means your offer on a new home is conditional on the sale of your current home.
It’s your safety net — so you’re not stuck with two mortgages or forced into a rushed sale. In Aurora, many builders like M/I Homes and DR Horton do allow contingencies, but only when they’re structured correctly.
And right now, some of those builders are offering serious financial incentives if you act fast.
Builder Financing Deals Happening Now in Aurora
Let’s take a look at what’s on the table this month:
🏡 M/I Homes:
- 2.875% interest rate in Year 1
- 3.875% in Year 2
- Locked at 4.875% from Year 3 through 30
🏡 DR Horton:
- 4.99% for FHA/VA buyers
- 5.5% for conventional loans
But it’s not just about interest rates — builders are sweetening the deal with:
- Free finished basements
- Upgraded appliance packages
- Premium design finishes
⚠️ These promos change monthly and aren’t always listed online. Working with an agent who’s in touch with the builder reps is key to uncovering the real value.
How the Contingency Works for New Builds
Timing is everything.
If your new construction has a 6 to 9-month build time, you’ve got a perfect window to list and sell your current home — no temporary housing, no double moves.
Even if the new home is move-in ready, the contingency still works. You just need a tight plan, and that’s where I come in.
I help clients:
- Lock in financing
- Structure a strong offer
- Coordinate closings on both homes — seamlessly
When done right, it’s smoother than most people expect.
Common Mistakes to Avoid
Here are three big mistakes that can turn an exciting move into a stressful one:
1. Waiting too long to list your current home.
If you wait until the new home is nearly finished, you lose leverage and risk a rushed sale.
2. Weak contingency terms.
Builders want to see you’re serious — a vague or loose contingency often gets rejected.
3. Ignoring the fine print on builder incentives.
These deals sound great, but many have deadlines and conditions you need to meet to qualify.
Your Next Step
If you’re even thinking about buying new construction in Aurora, start by understanding what your current home is worth.
From there, I’ll help you:
- Build a smart upgrade timeline
- Write a strong, protected offer
- Maximize available builder incentives
👉 Get Your Free Home Valuation Today
📩 Email: sean@oneilpropertygroup.com
📞 Call/Text: 630-315-0723
Let’s make this move exciting — not stressful.
FAQs
Q: What is a home sale contingency in real estate?
A contingency means your new home purchase only proceeds if your current home sells. It protects you from carrying two mortgages at once.
Q: Do Aurora builders accept home sale contingencies?
Yes — many do, especially M/I Homes and DR Horton. But your offer must be strong and clearly structured.
Q: Can I buy a new construction home in Aurora before selling mine?
Absolutely. With the right plan and agent, you can buy new and sell smart — all without unnecessary pressure.
Q: What builder incentives are available in Aurora right now?
Low-interest financing, upgraded finishes, and limited-time pricing deals — all depending on the builder and month. Contact me for the latest.
More Resources
🎥 How to Buy a House Step-by-Step
🎥 7 Staging Tips to Sell Your Home Fast and for Top Dollar
📘 Aurora IL Housing Market Report – September 2025
📊 Aurora Seller Strategy: How to Maximize Your Home Sale in 2025
Request Your Free Home Valuation
START HERE: Find out what your home is really worth in today’s market. Whether you’re thinking about selling now or just curious, we’ll show you your property’s true market value — and your best options to sell for top dollar or cash.