Trade in property - Builder wants to list my house prior to closing

Asked by Lisa, Georgia Thu Jan 24, 2008

I am in the negotiation of buying a new house by trading in my current house. Seller (builder) wants to list my house to the market prior to the closing date. Definitely they will pay for listing fee, commissions because my house was traded in AS-IS.

Questions are
1) Is this a common practice when involving trade-in?
2) Any issues I should be aware of?
3) Should I ask for attorney’s advice?
4) Should I ask for build to pay cleaning fees?

Thanks for any advice.

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