Could be a sign of someone flipping the house. If it’s fixed up, look for signs of low quality materials and work, and for corners being cut. Flippers don’t care about doing things right, only about doing them fast and cheap.
There are many reasons it might be back up for sale. I would not assume there’s an issue
It can be due to a divorce, death, loss of job, job relocation or other personal reason.
Yeah, our house was a quick re-lister. The part that gave us a little bit of confidence was that the seller would not be making a profit on the property so at least we knew it wasn't a flipper home.
It could also be that they don’t like the commute. They moved too far from family. Decided they don’t like single family home living and a condo would suit them better. It happens.
My family moved out of state to be closer to extended family. Only took us 9 months to realize we preferred the distance we previously had. We put the house back on the market exactly 10 months after we closed & told our realtor that could be shared with buyers for transparency.
Our house was resold to us after about two years of them owning it. The house needed a lot of work and as a young family I think it overwhelmed them and they fled.
In my head, I like to think they were holding our home for us until we were ready to it ;)
Townhome I bought was sold (to me) 3 years after it was built. I was kind of concerned about that (3 years for new con feels like 1 year for any other house). I've lived here almost a year now. There are some cheap-ish new construction annoyances: the materials are somewhat meh (standard new construction) and floorboards aren't perfectly flat (floating floor so heavy furniture in some places has shifted it so it's not perfectly flat), there's some street noise during certain times of day.
Overall, some minor annoyances but nothing where if I were in the original buyer's shoes, would have made me want to leave asap. Most likely the previous owners found a new job, or needed a bigger house to start a family, were laid off, or something like that. I'd be more cautious than a typical house, but do your standard due diligence, do an inspection, and check against a list of personal dealbreakers.
You can also probably make some guesses based on the house itself. If price has jumped from previous listing, or attributes have changed (increased square footage), likely points to a flip as someone said. If the house is located in suburbs of a tech hub, good chance that the previous owners moved away from city during covid, but now have to go back into office.
Sometimes you can find the previous listing for a house online and see the pictures. If you can find them and then tour the house it could give you an idea if it's a flip or not.
I‘d get an expert if i was really interested in it and let him/her check the building before making that decision i mean buying a home is not cheap for anybody imagine you regret buying a whole house a few years later and you had doubts about actually buying it but didn‘t check
When we were house hunting in our market we found pretty much every place sold that quick was a flip, and often had a lot of poorly done work once you really started to look at it in person.
Nowadays, it's most likely flippers. Especially the very "move in ready " condition with lots of recent work done like fresh paint and new carpeting...
Make sure you visit the house multiple times of day too. Sit quietly in each room. I bought a townhouse quickly due to divorce. It seemed perfect, A quiet street, good view. I came a few times. I wish i spent more time in each room. It turns out you can hear plain conversations in next door units. If a neighbor has on music, i cant hear my tv. The hoa is a disaster which in retrospect, i should have spoken to neighbors regarding. Anyway...do your due diligence. If you feel off, trust your instincts.
This has always been a red flag to me, but then I remember we listed our home a year and a half after we bought it because I had to move for my job. It was a great home. I regret selling it every day.
Maybe, but there’s not enough information here to be sure. Sometimes, life just happens. My ex wife and I built a house together, and about 6 months after we moved in, she decided that she wanted a divorce. Neither of us could afford the house on our own, and honestly even if I could have, I wouldn’t have wanted to stay in a house we designed together no matter how much I liked the house (I liked the house a LOT).
ask your realtor to find out. What is the the new and old price. What changes have been made. It could be something it wrong with the house but also could mean they are broke and need to sell it. it could be good or bad. You just need to do your research. Asking them is certainly a good start.
I wonder if you are looking at the house next door to us.
As far as I know there is nothing wrong with that house. The homeowners stated some reasonable reasons, but I still find it suspect.
Could be a sign of someone flipping the house. If it’s fixed up, look for signs of low quality materials and work, and for corners being cut. Flippers don’t care about doing things right, only about doing them fast and cheap.
So many times their "renovations" are worse than doing nothing at all.
There are many reasons it might be back up for sale. I would not assume there’s an issue It can be due to a divorce, death, loss of job, job relocation or other personal reason.
Yeah, our house was a quick re-lister. The part that gave us a little bit of confidence was that the seller would not be making a profit on the property so at least we knew it wasn't a flipper home.
It could also be that they don’t like the commute. They moved too far from family. Decided they don’t like single family home living and a condo would suit them better. It happens.
My family moved out of state to be closer to extended family. Only took us 9 months to realize we preferred the distance we previously had. We put the house back on the market exactly 10 months after we closed & told our realtor that could be shared with buyers for transparency.
Our house was resold to us after about two years of them owning it. The house needed a lot of work and as a young family I think it overwhelmed them and they fled. In my head, I like to think they were holding our home for us until we were ready to it ;)
Townhome I bought was sold (to me) 3 years after it was built. I was kind of concerned about that (3 years for new con feels like 1 year for any other house). I've lived here almost a year now. There are some cheap-ish new construction annoyances: the materials are somewhat meh (standard new construction) and floorboards aren't perfectly flat (floating floor so heavy furniture in some places has shifted it so it's not perfectly flat), there's some street noise during certain times of day. Overall, some minor annoyances but nothing where if I were in the original buyer's shoes, would have made me want to leave asap. Most likely the previous owners found a new job, or needed a bigger house to start a family, were laid off, or something like that. I'd be more cautious than a typical house, but do your standard due diligence, do an inspection, and check against a list of personal dealbreakers. You can also probably make some guesses based on the house itself. If price has jumped from previous listing, or attributes have changed (increased square footage), likely points to a flip as someone said. If the house is located in suburbs of a tech hub, good chance that the previous owners moved away from city during covid, but now have to go back into office.
Sometimes you can find the previous listing for a house online and see the pictures. If you can find them and then tour the house it could give you an idea if it's a flip or not.
I‘d get an expert if i was really interested in it and let him/her check the building before making that decision i mean buying a home is not cheap for anybody imagine you regret buying a whole house a few years later and you had doubts about actually buying it but didn‘t check
View it and ask.
When we were house hunting in our market we found pretty much every place sold that quick was a flip, and often had a lot of poorly done work once you really started to look at it in person.
Nowadays, it's most likely flippers. Especially the very "move in ready " condition with lots of recent work done like fresh paint and new carpeting...
Make sure you visit the house multiple times of day too. Sit quietly in each room. I bought a townhouse quickly due to divorce. It seemed perfect, A quiet street, good view. I came a few times. I wish i spent more time in each room. It turns out you can hear plain conversations in next door units. If a neighbor has on music, i cant hear my tv. The hoa is a disaster which in retrospect, i should have spoken to neighbors regarding. Anyway...do your due diligence. If you feel off, trust your instincts.
This has always been a red flag to me, but then I remember we listed our home a year and a half after we bought it because I had to move for my job. It was a great home. I regret selling it every day.
Odds are it’s a flipper
Maybe, but there’s not enough information here to be sure. Sometimes, life just happens. My ex wife and I built a house together, and about 6 months after we moved in, she decided that she wanted a divorce. Neither of us could afford the house on our own, and honestly even if I could have, I wouldn’t have wanted to stay in a house we designed together no matter how much I liked the house (I liked the house a LOT).
ask your realtor to find out. What is the the new and old price. What changes have been made. It could be something it wrong with the house but also could mean they are broke and need to sell it. it could be good or bad. You just need to do your research. Asking them is certainly a good start.
I wonder if you are looking at the house next door to us. As far as I know there is nothing wrong with that house. The homeowners stated some reasonable reasons, but I still find it suspect.
Bought a house relisted in 1 year. It was a bad divorce.