Thinking of Making an Offer? 4 Tips for Success

Thinking of Making an Offer? 4 Tips for Success | Simplifying The Market

So you’ve been searching for that perfect house to call a ‘home,’ and you finally found one! The price is right, and in such a competitive market that you want to make sure you make a good offer so that you can guarantee your dream of making this house yours comes true!

Freddie Mac covered “4 Tips for Making an Offer” in their latest Executive Perspective. Here are the 4 Tips they covered along with some additional information for your consideration:

1. Understand How Much You Can Afford

“While it’s not nearly as fun as house hunting, fully understanding your finances is critical in making an offer.”

This ‘tip’ or ‘step’ really should take place before you start your home search process.

As we’ve mentioned before, getting pre-approved is one of many steps that will show home sellers that you are serious about buying, and will allow you to make your offer with the confidence of knowing that you have already been approved for a mortgage for that amount. You will also need to know if you are prepared to make any repairs that may need to be made to the house (ex: new roof, new furnace).

2. Act Fast

“Even though there are fewer investors, the inventory of homes for sale is also low and competition for housing continues to heat up in many parts of the country.”

According to the latest Existing Home Sales Report, the inventory of homes for sale is currently at a 3.6-month supply; This is well below the 6-month supply that is needed for a ‘normal’ market. Buyer demand has continued to outpace the supply of homes for sale, causing buyers to compete with each other for their dream homes.

Make sure that as soon as you decide that you want to make an offer, you work with your agent to present it as soon as possible.

3. Make a Solid Offer

Freddie Mac offers this advice to help make your offer the strongest it can be:

“Your strongest offer will be comparable with other sales and listings in the neighborhood. A licensed real estate agent active in the neighborhoods you are considering will be instrumental in helping you put in a solid offer based on their experience and other key considerations such as recent sales of similar homes, the condition of the house and what you can afford.”

Consider ways of making your offer stand out! Many buyers write a personal letter to the seller letting them know how much they would love to be the new homeowners. Your agent will be able to help you figure out if there are any other ways your offer could stand out above the rest.

4. Be Prepared to Negotiate

“It’s likely that you’ll get at least one counteroffer from the sellers so be prepared. The two things most likely to be negotiated are the selling price and closing date. Given that, you’ll be glad you did your homework first to understand how much you can afford.

Your agent will also be key in the negotiation process, giving you guidance on the counteroffer and making sure that the agreed-to contract terms are met.”

If your offer is approved, Freddie Mac urges you to “always get an independent home inspection, so you know the true condition of the home.” If the inspection uncovers undisclosed problems or issues, you can discuss any repairs that may need to be made, with the seller, or cancel the contract.

Bottom Line 

Whether buying your first home or your fifth, having a local professional on your side who is an expert in their market is your best bet to make sure the process goes smoothly. Give me a call and we’ll make it happen – J.P. Cook – 602-320-4253.

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3402 N 63rd Street Scottsdale, AZ 85251

$1,895,000
3 Beds
3 Baths
2,421 SqFt
Status Active Under Contract
MLS # 6782713
Property Type Single Family Residence
Price Type --
Elegant 3-Bedroom Home with Exquisite Craftsmanship and Premium Finishes Step into refined living with this 3-bedroom, 3-bathroom home, where custom craftsmanship by Rysso Peters sets the standard in luxury. Iron windows and grand exterior doors flood open spaces with light, enhancing the warm, inviting ambiance. Solid-core white oak doors and premium flooring blend elegance with durability. The gourmet kitchen features custom cabinetry, top-tier appliances, and a spacious island, perfect for gathering. Each bathroom provides a spa-like experience with modern fixtures and premium materials. Outside, a beautiful space awaits for relaxation or entertaining. Located near top schools, shopping, and dining, this home offers the perfect blend of comfort and upscale living.

15215 N Kierland Boulevard Unit 311 Scottsdale, AZ 85254

$1,895,000 - 2Br/2Ba -  for Sale in Plaza Lofts, Scottsdale
New
$1,895,000
2 Beds
2 Baths
1,663 SqFt
Status Active
MLS # 6787907
Property Type Apartment
Price Type --
3 Words.....LOCATION, LOCATION, LOCATION! It's hard to put a value on having a home in Kierland Commons, especially one like this highly coveted SINGLE LEVEL 2 Bedroom above the shops...The last time this plan was available for sale with the premier location on the 3rd floor overlooking Main Street was 7 YEARS ago!! One on the 4th floor above it sold earlier this year as a Private Sale - Not MLS for 2.1M. Spacious and open, this split floor plan is almost 1700 SF with 10 foot Ceilings and 8 foot Doors. A telescoping wall of glass opens to a dining size, south facing balcony and covered terrace for people watching in Kierland Commons to your heart's content! If you are looking for something Special, this is it! This home features Gorgeous Light Travertine Floor throughout, Gourmet Chef's Kitchen w/Stainless Steel Appliances, Wine Chiller, Dark Maple cabinets, Granite Counters, Upgraded Lighting, Custom Closets, Remote Sunshades - All Rooms, Spacious Showers, Soaking Tub, Water Softener and Nest Thermostat. All furnishings are included. For a BONUS, this ideal location includes 2 Parking Spaces the private gated garage and a storage room 10'Wx17'Lx10'H. The Scottsdale airport is 3 minutes away and Phoenix Sky Harbor is only 20 minutes. Walk to more than 35 restaurants in Kierland Commons and the Scottsdale Quarter and shop at more than 100 retailers! Community amenities include on-site concierge staff and property management, a private fitness studio, 2 community lounges with catering kitchens, 2 resort-style sundecks, heated lap pool, grilling stations, pet park, reserved parking and guest parking in the private garage, and exclusive VIP discounts on shopping and dining throughout Kierland Commons, Scottsdale Quarter and surrounding areas as well as special OWNER privileges at the neighboring Westin Kierland Golf Club.

8854 E Lost Gold Circle Gold Canyon, AZ 85118

$1,895,000
4 Beds
6 Baths
4,637 SqFt
Status Active
MLS # 6785170
Property Type Single Family Residence
Price Type --
FULL GOLF MEMBERSHIP PURCHASED BY SELLER W/FULL PRICE OFFER ($100K VALUE) & $20K INTERIOR PAINTING CREDIT AT COE. ONE OF THE LOWEST PRICED HOMES IN ALL OF SUPERSTITION MOUNTAIN AT $409/SF-OVER $40/SF UNDER THE 2024 SOLD CUSTOM HOME AVERAGE. CREATED BY LYLE ANDERSON, THIS RENOWNED COMMUNITY FEATURES A 24/7 GUARD GATE, ROVING PATROL & 36 HOLES OF NICKLAUS-DESIGNED GOLF. HOME TO 8 NATIONALLY TELEVISED CHAMPION TOUR & LPGA EVENTS. LESS THAN 35 FREEWAY MINUTES TO SKY HARBOR & 20 MINUTES TO MESA GATEWAY. ONLY ONE TRAFFIC LIGHT SEPARATES RESIDENTS FROM THE ATLANTIC & PACIFIC OCEANS. Rare 4 car garage! Highly upgraded Tuscan beauty tucked away on a quiet cul de sac for privacy. Quiet street-no traffic. Distinctive architecture blends perfectly into the former 2002 ''Street of Dreams'' setting. Soaring ceilings are accented w/beams & clerestory windows. Gourmet kitchen w/Viking appliances & Sub Zero refrigerator. Large kitchen island w/breakfast bar. Formal dinning, w/butler's station & large walk-in pantry. Separate kitchen eating nook. Dual offices, one w/full bath & walk-in closet, & the other w/fireplace & built-in bookshelves. Natural wood & Versailles patterned tumble edged Travertine stone flooring. Two attractive powder rooms. Large primary suite w/dbl. sinks & closets, washer/dryer, jetted tub & stone shower, his and her closets. Secondary Primary bedroom suite. Custom cabinets & faux paint t/o. Golf Club and social memberships by separate agreement. Gold Canyon is Arizona's best kept secret. Where Else? Nowhere Else But Here!

3478 N Mountain Cove Place Unit 59 Buckeye, AZ 85396

$1,895,000
4 Beds
3.5 Baths
3,790 SqFt
Status Active
MLS # 6636713
Property Type Single Family Residence
Price Type --
Fully approved by the HOA & ready to break ground! This is your opportunity to build an exquisite custom home in Verrado boasting a captivating great room floor plan and situated on an expansive, almost an acre lot, providing the perfect canvas for your vision of luxury living. With the unique opportunity for the buyer to choose all finishes, this remarkable residence promises an unparalleled level of customization and sophistication. Step into the heart of this home, and be greeted by a kitchen that is as functional as it is beautiful. The buyer has the freedom to select their desired stone for the island, countertops, and backsplash, creating a kitchen that reflects their personal style and taste. Every cabinet in this culinary haven is equipped with slow-close drawers and doors, embodying the seamless blend of convenience and refine craftsmanship. A pot filler adds an elegant touch to the culinary experience, while the presence of a butler pantry with a separate food prep area allows for seamless organization and efficiency. With 42 upper cabinets and 30 lower cabinets, ample storage space is provided, ensuring a clutter-free environment. The 3cm countertop edge profile adds a luxurious finishing touch to this stunning kitchen. The elegance continues throughout the home with a choice of 12x24 or 24x36 tiles in all wet areas, creating a cohesive and visually pleasing aesthetic. The 8 baseboards and solid core doors add an extra layer of sophistication and durability. Step outside and discover an oasis of relaxation and entertainment. The outdoor space boasts a fully equipped kitchen with a grill, icemaker, and dual burner gas cooktop, offering the perfect setting for al fresco dining and culinary adventures. An outdoor wood-burning fireplace sets the stage for cozy gatherings on cool evenings. The centerpiece of the outdoor area is the stunning 25x50 swim-up beach pool with a separate spill-over hot tub, providing a luxurious retreat for relaxation and recreation. Every bathroom in this custom home features custom stone and tile showers, exuding opulence and sophistication. The master shower is equipped with dual body systems, ensuring a spa-like experience in the comfort of your own home. Satin nickel Moen fixtures add a sleek and modern touch throughout. For effortless entertaining, a wet bar area is thoughtfully incorporated, complete with a sink, refrigerator, and icemaker, ensuring that refreshments are always close at hand. Indulge in the opportunity to create your dream home with this exceptional custom residence. From the meticulously designed kitchen to the luxurious outdoor oasis, every detail has been carefully considered to provide the ultimate in comfort, style, and functionality. Embrace the chance to curate a space that reflects your unique vision, and experience the epitome of elegance and refinement in this remarkable custom home. Renders are for visualization purposes only and do not represent finishes. Buyer has the opportunity to pick the style & finishes of their liking.

6504 W Avenida Del Sol -- Glendale, AZ 85310

$1,895,000
5 Beds
5 Baths
4,619 SqFt
Status Active
MLS # 6763614
Property Type Single Family Residence
Price Type --
Welcome to this stunning luxury custom home located in the exclusive gated subdivision of Burning Sky Ranch. This magnificent residence is built for entertaining. Mountain views, on a 19,142 sq ft lot and features 4 bedrooms and 4 bathrooms in the main house, plus a 410 sf casita for an additional bedroom and bathroom. The home boasts soaring ceilings, a gourmet kitchen with top-of-the-line appliances, and a 4-car garage. The resort-style backyard is an entertainer's dream, complete with a 950 sq ft pool and spa, fire accents, and a putting green. The front gated courtyard offers a pizza oven, Green Egg BBQ, gas BBQ, professional griddle, extended granite counter, gas fireplace, and water features. This property seamlessly blends elegance, comfort, and modern amenities.

3410 N 45th Place Phoenix, AZ 85018

$1,895,000
6 Beds
4.5 Baths
3,193 SqFt
Status Active
MLS # 6775354
Property Type Single Family Residence
Price Type --
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6310 E Dove Valley Road Cave Creek, AZ 85331

$1,895,000
5 Beds
4 Baths
4,445 SqFt
Status Active
MLS # 6681590
Property Type Single Family Residence
Price Type --
This amazing home is now $100,000 below a recent appraisal and ready for you to make your own! This exceptional custom-built 3,757 sq ft estate boasts a gorgeous main home accompanied by a full 688 sq ft guest home with full kitchen and garage! You will enjoy a wonderful pool and spa for play, relaxation or enjoying Arizona's spectacular sunsets! Summer comfort awaits with the Newer HVAC's on the main home with solar! Situated on over an acre of maintained desert landscape in the prime location of the highly sought-after N. Scottsdale/Cave Creek corridor. The captivating main residence features 4 bedrooms, 3 full bathrooms, a private executive office, and breathtaking views of Black Mountain and the Boulders. As you step into your dream home, you're greeted by a picturesque ... front courtyard adorned with custom iron gates, two outdoor fireplaces and a striking fountain. Inside, the home boasts an inviting open floor plan with rich wood flooring, beamed ceilings, and NEW custom oversized windows that frame the stunning mountain vistas. The kitchen, a chef's haven, showcases Quartz countertops, a Subzero fridge, stainless steel appliances, stylish cabinetry, and a GE Profile oven with a center island induction cooktop. The spa-inspired master ensuite offers dual sinks, a separate soaking tub, and shower, ensuring a luxurious retreat. The spacious one-bedroom guest home is strategically positioned on the property, providing separate living quarters complete with its own private driveway, single car garage, full bath, eat-in kitchen, and covered patios, catering ideally to multi-generational families, guests or even renters. It has been used as an $AirBnB$ earning an average of $3,000 per month. Outside, the sprawling resort-style backyard is an entertainer's paradise, featuring a covered patio, built-in BBQ, bar seating, and a second Kiva fireplace. Overlooking a beautifully gated, pool, spa, Baja shelf and rock waterfall, the outdoor space offers mesmerizing mountain views, complemented by custom hardscapes, lush landscaping, and extensive stone walkways, inviting you to explore your desert sanctuary. This is a must see!

40455 N 26th Street Cave Creek, AZ 85331

$1,893,500
4 Beds
3.5 Baths
3,157 SqFt
Status Active
MLS # 6727474
Property Type Single Family Residence
Price Type --
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6044 E Hodges Street Cave Creek, AZ 85331

$1,890,000
5 Beds
4.5 Baths
4,025 SqFt
Status Active
MLS # 6726429
Property Type Single Family Residence
Price Type --
Beautiful (like new-seasonal owners)! Fantastic Black Mountain views and large NAOS area. Four bedrooms, 3.5 bath, full guest suite/casita with separate entrance, 3-car garage, putting green, pool, spa! Grassed and rock entrance. Courtyard and gate to covered porch. Separate entrance to Guest Suite/Casita from porch. Guest suite/casita has living area, bedroom, full bath and walk-in closet. The foyer at entry into main home has over-sized office/den with double glassed doors on one side and formal dining room on the other side. Dining room has butler's pantry with beverage cooler, glass top cabinetry fronts and wet bar. Powder room off this area. Large beautiful chef's open kitchen design. Lots of rich cabinetry and granite counters. Click the More tab for more information. Large island has bookend design with step-up counter for private prep/clean-up. Designer pendants over island. Built-in SS refrigerator, wall microwave and oven, gas range top with stainless range hood. Walk-in pantry. Breakfast/dining nook area. Great split primary bedroom plan. Primary bedroom large with dual walk-in closets and convenient oversized laundry room off largest closet. Primary bathroom is spa paradise. Walk up soaking tub and walk-in shower with partial glass enclosure. Dual vanities. Opposite side of house has remaining bedrooms. Second bedroom has mountain views and bathroom with walk-in closet. Third and Fourth bedroom have connecting full bathroom. Garage entrance to home has valet area for electronic/technology drop and coat hang/shoe change area. Garage has cabinetry for additional storage. Back and side yards beautifully landscaped with grass (both real and artificial), a putting area, pool, spa, multiple seating areas including firepit area, patio with seating and dining, travertine paving, RV gate and NAOS plus gorgeous mountain views! Fabulous home!

23461 N 80th Way Scottsdale, AZ 85255

$1,890,000
4 Beds
5.5 Baths
3,829 SqFt
Status Active
MLS # 6785634
Property Type Single Family Residence
Price Type --
Nestled in the exclusive gated community of Desierto Vida, this luxurious custom territorial home offers unparalleled privacy and breathtaking views of Pinnacle Peak and lush saguaro cacti throughout property. Boasting 12' ceilings and a bright, open, single-level split floor plan, whole house sound system the home is designed for effortless elegance. Floor-to-ceiling windows frame the serene backyard, where a sparkling pool, spa, water feature, and 3600 sq. ft. of pavers create an entertainer's paradise. The gourmet kitchen features a large island, gas cooktop, Sub-Zero refrigerator, dual ovens, and a walk-in pantry, flowing seamlessly into the family room and nook. The beautiful primary suite includes a fireplace, dual walk-in closets, dual vanities, a soaking tub, and backyard access.. Secondary Bedrooms feauture either an ensuite or jack and jill bath set up, both with walk-in closets. On nearly an acre, this estate also offers a circular driveway, a 3-car garage with epoxy floors, a new roof, and newer AC units, embodying luxury at every turn.

5452 E Windstone Trail Cave Creek, AZ 85331

$1,890,000
4 Beds
3.5 Baths
3,944 SqFt
Status Active
MLS # 6780789
Property Type Single Family Residence
Price Type --
Welcome to Montevista, a highly desirable community in Cave Creek, Arizona. This gated community with impeccably manicured common areas, lush landscaping, and large grassy community park, complete with a playground, basketball/pickleball courts, social events, and covered spaces, creates a welcoming atmosphere. One of the best lots in the community, this home is nestled on a private, premium lot, that backs up to a serene NOAS with mountain views, offering unmatched privacy. As you enter the grand entrance, you'll be greeted by soaring ceilings, stunning chandelier lighting as well as an abundance of natural light. With almost 4,000 square feet of meticulously maintained living space, you will step into a world of elegance. The open concept split floor plan allows for comfort and privacy for family and guests. The spacious living room has a wet bar, built-in drink shelf, wine closet, and fireplace. Off that area is space for a dining room, piano room or additional sitting room. The kitchen, which opens to the family room, is tastefully updated with high end appliances, a prep island, walk-in pantry and tons of counter and cabinet space. Eat at the breakfast bar or dine in kitchen. Retreat to the amazing primary suite complete with dual vanities, a step-in shower, and two walk-in closets. Relax in front of the fireplace, soak in the tub, read in the sitting area or dream your nights away. Walk out to your private garden area with citrus trees, grassy area and lined path. Bedrooms 2-3 share a bath with dual sinks and a step-in shower. Bedroom 4 is an ensuite with it's own bath. The final room can be a bedroom, office or workout room, you choose. Outside, you're greeted by a resort-style backyard. The private heated pool with water feature and spa, surrounded by lush greenery, offers the perfect space to relax or entertain. Sit under the pergola and enjoy the fire on chilly Arizona nights. The BBQ grill area with bar area, also covered is another space to entertain. The covered patio with motorized shades, the oversized fire pit, turf area with fountain and all other areas to enjoy the serene views of the desert and create a true Arizona outdoor living experience. This community is perfectly located near shops, dining, the quaint towns of Cave Creek/Carefree. This is more than a home; it's the ideal fusion of luxury, comfort, and privacy. Envision yourself here, embracing everything that Montevista and Cave Creek have to offer. Upgrades include; 3 brand new HVAC systems, new ducts, furnace, pool motor, BBQ grill, outdoor lighting boxes, plants and more!

6405 N 75th Avenue Glendale, AZ 85303

$1,890,000
3 Beds
1 Bath
1,904 SqFt
Status Active
MLS # 6633881
Property Type Single Family Residence
Price Type --
Property is currently zoned for R-1 Max 3.525 units/dwellings per acre Can be subdivided for high density allowing for smaller lot sizes. Rezoning is not a requirement for high density Rezoning would be required for multi-family and a pre-application meeting is required. Great investment opportunity for multi-family or multi housing, rezoning would be required. The main entrance is from 75th Avenue. This property is the perfect opportunity for multifamily development, a rehabilitation center, the possibilities for capital gains are endless! Main home will need to be demolished per seller's instructions.

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