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2.
A final party to celebrate moving out of a place.

Opposite of "House Warming Party".

Instead of guests bringing gifts for your new home, they can be given things you want to get rid of.
We're moving out of our place next month, so please come to our house cooling party this weekend. Be prepared to bid on some great things.
by The C Money January 31, 2005
 
1.
Opposite of House Warming Party.

A party to celebrate moving out of a place.
We're moving out of our place next month, so you're invited to our house cooling party this Saturday. Please bring your own bag, and be prepared to go home with some lovely parting gifts.
by The C Money January 31, 2005