HomeSmart Realty West
Jessica Nguyen, HomeSmart Realty WestPhone: (858) 405-0441
Email: [email protected]

Is it time to submit a home purchase offer?

by Jessica Nguyen 06/25/2023

Major signs it's time to submit a home purchase offer featured image

After conducting an in-depth home search, you may find a property fitting your needs and homebuying goals. Ultimately, there are a few significant signs to note which can indicate a great time to put in an offer, and knowing what these signs are can put you ahead of the competition. 


You find a house matching or exceeding your expectations

If you view a home and find it aligns or even exceeds your homebuying goals, this may be a sign to take the plunge with an offer to purchase.  

Consider factors such as the space and square footage, location, if it has the HOA community of your preference and more. 


You're operating in a sellers market

If you’re buying in a fast-paced market, it may be best to act quickly to secure the home of your dreams.  

A seller's market typically features a shortage of high-quality homes and an abundance of homebuyers. Acting quickly is needed to secure housing, so working with your real estate agent, you may need to form a competitive offer letter to stand out from the crowd. 


You're facing a time crunch

If you must move into a new home quickly, you may want to consider working with a real estate agent to map out a homebuying strategy, so you can efficiently find a home of your liking and turn in an offer letter.  

This may include figuring out what you’re searching for in a home, including the number of rooms needed, yard space, location and other aspects.  

Working with your real estate agent, observing the market and understanding your goals can help you figure out if it’s the right time to put in an offer to purchase.


About the Author
Author

Jessica Nguyen

"Buy, Sell, Invest with Confidence"

Whether you're in the research phase at the beginning of your real estate journey or you know exactly what you're looking to do, you'll benefit from having a real estate professional by your side. I'd be honored to put my real estate experience to work for you.

  • 2015 Pinnacle Award (Top 3 Agent/Broker in office)
  • 2017 Two Diamond Award at HomeSmart International
  • 2017 Circle of Excellence Top 5% in San Diego County
  • 2018 Diamond Award at HomeSmart International
  • 2018 Circle of Excellence in San Diego County
  • 5 Stars Zillow Agent
  • 2019 Circle of Excellence Top 5% in San Diego County Silver Award
  • 2019 Diamond Award at HomeSmart International