If you`re in the market for a new home, it can be frustrating to find a property you love only to discover it`s already under contract. This means someone else has made an offer and the seller has accepted it, leaving little chance for you to swoop in and make your own offer. But how do you find out if a house is under contract? Here are some tips:
1. Check online real estate listings: Many websites list properties that are for sale, and some will indicate if a property is under contract. Look for phrases like “pending” or “under contract” in the listing description.
2. Contact a real estate agent: A good real estate agent will have access to the multiple listing service (MLS) database, which is updated in real time with the status of properties. An agent can quickly tell you if a property is under contract and provide you with other options that may meet your needs.
3. Drive by the property: If you`re in the area, take a quick drive by the property in question. Look for a “sold” sign in the yard or a lockbox on the front door. These are indicators that the property is under contract or has already been sold.
4. Contact the seller directly: If you`re feeling bold, you can always contact the seller directly and ask if the property is still available. Keep in mind that some sellers may not want to disclose this information, especially if they`ve already accepted an offer.
5. Wait and watch: If you`ve exhausted all the other options and still aren`t sure if a property is under contract, you may need to wait and watch. If the property is still listed for sale after a few weeks, chances are it`s still available. However, if it disappears from listings altogether, it`s likely under contract.
In conclusion, finding out if a house is under contract can be a challenge, but it`s not impossible. Use these tips to help you determine the status of a property and keep searching until you find the perfect home for you.
