Ignite FB Tracking Pixel3 Signs That Now Is a Good Time to Submit an Offer to Purchase - Terry Naber

3 Signs That Now Is a Good Time to Submit an Offer to Purchase

by Terry Naber 02/09/2020

After conducting an in-depth home search, you probably have discovered that many outstanding houses are available. Yet you're still on the fence about whether to submit an offer to purchase a residence.

Ultimately, there are many signs that now may be the ideal time to submit an offer to purchase a residence, and these include:

1. You find a house that matches or exceeds your expectations.

If you view a home and find that it matches or exceeds your expectations, you may want to submit an offer to purchase this residence. Because if a home seller accepts your proposal, you then can conduct a house inspection to alleviate any potential concerns.

Remember, a house that matches or exceeds your expectations now may fail to do so following an inspection. Lucky for you, an inspection provides a valuable learning opportunity. If you discover you no longer wish to purchase a house following an inspection, you can rescind your offer to purchase and reenter the housing market.

2. You're operating in a seller's market.

A seller's market generally features a shortage of high-quality houses and an abundance of buyers. Thus, if you find a home that you want to buy in a seller's market, you should not hesitate to submit an offer to purchase. Because if you wait too long, you may miss out on the opportunity to buy your dream residence.

If you submit an offer to purchase a home in a seller's market, it is important to provide a competitive homebuying proposal. By doing so, you can increase the likelihood of receiving an instant "Yes" from a seller and move quickly to acquire your ideal house.

3. You're facing a time crunch.

If you want to move to a new home soon, there is no need to wait to submit an offer to purchase. In this scenario, you should submit an offer to purchase as soon as you discover your dream house. That way, you can speed up the process of relocating from one address to another.

Of course, if you face a time crunch, you should map out your home search as much as possible. Just because you have a limited amount of time at your disposal does not mean you should be forced to settle for an inferior home. Fortunately, if you create a homebuying strategy, you can find ways to optimize your time and resources throughout your home search.

For homebuyers who are uncertain about whether to submit an offer to purchase a house, it may be beneficial to work with a real estate agent too. A real estate agent can offer expert insights into the housing sector. As such, this housing market professional can help you determine whether now is the right time to submit an offer to purchase a house.

Hire a real estate agent today, and you can get the help you need to discover your ideal residence and acquire this house at a price that matches your budget.

About the Author
Author

Terry Naber

Your "Good Neighbor" In Colorado Springs Real Estate Since 1990

Broker Associate (28+ years experience)

Certifications:

  • CRS
  • CDPE
  • LHP
  • MRS
  • CFE
  • MRE
  • CNE
  • IRES
  • SRES

Specializing in

Specialties:

  •  Buyer's Agent
  •  Listing Agent
  •  Relocation
  •  Foreclosure
  •  Senior Real Estate Specialist

Terry is long time resident of Colorado Springs and has been an award-winning licensed Realtor since 1990 when Colorado Springs was "Repo Capital" of the United States.  Getting into the business when most agents were getting out of the business was a challenge, but one that she eagerly embraced because she came in with a different business philosophy of putting her clients interest above all else, serving them with integrity and care, She soon had all the business she could handle from appreciative buyers and sellers.  Terry's commitment to being at the top of the profession for her clients has resulted in awards for every year of her 28 years in real estate and several prestigious designations:

  •  RE/MAX Properties 2015 Client Service Award
  •  RE/MAX Lifetime Achievement Award for sales surpassing $100 million
  •  RE/MAX International Hall of Fame Award
  •  The CRS (Certified Residential Specialist designation held by only about 7% of all agents); CDPE-Certified Distressed Property Expert; CNE-Certified Negotiation Expert; RFC-Residential Finance Certification; IRES-International Residential Specialist; LHP-Luxury Home Professional
  • Managing Broker's License

Terry can help you in any phase of Residential Real Estates-buying or selling single family homes; investment properties, luxury properties; town-homes/condos; income properties; new construction and resales; vacant land, short-sales; foreclosures and more.  Call her today for a free consultation 719-590-4796.

Experience, Commitment, Hard Work, Enthusiasm, Integrity, Results

When it comes to a successful real estate transaction, you should have seasoned experienced agent on your side.  Terry is experienced, confident, knowledgeable, and above all, she cares.  Whether you’re selling or buying a home, having an agent of our caliber representing you is invaluable.  She will be your advocate, your advisor and will relentlessly use her expertise to pursue your goals!

Get a positive, helpful partner for buying or selling a home:

  • Trusted resource for answers about the process
  • Innovative marketing strategies
  • Expertise about neighborhood features
  • Ability to target home searches
  • Strong negotiation skills
  • Support through the closing and beyond
  • Years of Experience

Find Your Next Home

In this incredibly difficult Seller's market, you need someone who knows how to beat the other buyers to the best homes, get your offer accepted and knows the area inside and out !  Terry can work with you to find the right home at the right price for you, including the neighborhood amenities that matter - not to mention the essential criteria you have for your ideal home.

Sell a Home

When it's time to move, you need someone who will market and advertise your home, show to prospective buyers, negotiate the purchase contract, arrange financing, oversee the inspections, handle all necessary paperwork and supervise the closing.  But even more importantly, an agent who has the experience and knowledge to prevent problems from the get-go and solve the ones that can sink your real estate ship.  She can take care of everything you need, from start to close, making the difficult task of selling less stressful.

Consult on Home Selling Tactics

Often times buyers don't visualize living in your home the way you do.  Terry can help you make your home attractive to its ideal audience - which can help you get top dollar in the shortest time.  Staging and photographing your home, recommending minor repairs or improvements can make the difference between a home getting stale on the market and one that is sold quickly for the maximum net to you.