Signs You Need To Act Fast On A Home For Sale

Posted on

Finding a home you adore, only for it to be sold to someone else before you get the chance to make an offer is very frustrating. This happens a lot, especially when it comes to single-family homes. The good ones tend to fly off the market. So when browsing home listings, what are some signs that a house might be gone before you know it and that you need to act quickly? Take a look.

1. The house is priced below market value.

You should be able to get a pretty good idea of what homes in a particular neighborhood are worth by looking at what homes have recently sold for in that area. If a house is listed for less than you would expect it to sell for based on other local sales, then you can expect it to fly off the market. Sellers do this on purpose. If a family really needs to move ASAP, they will list a home low and take less for it just so they can be certain it will sell within days. If you act fast, you can snag a good deal and feel good about the fact that the fast sale is also helping out the previous owners.

2. The house is in a good school district.

In most counties, there are one or two really great school districts that everyone wants to be in. When a family home goes up for sale in these districts, it flies off the market because buying it means the buyers will be able to get their kids into a better school. To make sure you are prepared for this situation, research your local school districts, and know which ones are currently "hot."

3. The home is listed as "turnkey."

People buying family homes are generally busy. They're juggling kids, work, school, and other obligations, so they don't want to spend a lot of time fixing things or updating a home. If a single-family home is listed as turnkey, this means it is move-in ready. You can expect it to go fast because other buyers, like you, know buying it will save them precious time.

Sometimes you can afford to take your time when looking at a home, but other times, you need to act fast. If you come across a house listing for a home in a great school district, a turnkey home, or one that is priced below market value, then you don't have time to dawdle. Schedule a showing, and make an offer ASAP.

To learn more about single-family homes for sale in your area, contact a local real estate agent.