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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5541 E Crocus Drive Scottsdale, AZ 85254

$1,890,000
5 Beds
3 Baths
4,073 SqFt
Status Active
MLS # 6697564
Property Type Single Family Residence
Price Type --
Gorgeous 5 bedroom 2 office remodel. Dramatic vaulted ceilings. Open floor plan. Solid hardwood flooring. Custom cabinets. Magnificent Gourmet kitchen perfect for entertaining. High end thermador appliances, 2 refrigerators, wine bar with wine refrigerator, and built in coffee machine. Formal dining room, separate large eat in kitchen with solid wood top that seats 8.Split floor plan.Theater room.Large master bedroom suite with separate seating/office/exercise area.Private grotto off master bedroom w/ private access door. Just remodeled master bath with oversized walk in shower.Lush landscaping front and back. Expansive entertaining backyard with huge pool, waterfall/slide, big built in bar, bbq for pool days/nights. Gazebo with fire place. Full mister system, fire pit, new putting greens

5178 W Encanto Paseo Drive San Tan Valley, AZ 85144

$1,890,000
5 Beds
3.5 Baths
5,158 SqFt
Status Active
MLS # 6725778
Property Type Single Family Residence
Price Type --
This stunning 5,158sqft custom home exemplifies luxurious living and beautiful design. Perched on an acre corner lot inside a private, gated community. A huge 4+ car garage with AC complements the modern design. The main living areas unfold with an open-concept living room, dining area, and gourmet kitchen. High-end appliances, custom cabinetry, and a generous island define your culinary experience. A sunken gazebo with an outdoor kitchen offers secluded relaxation, a well appointed outdoor kitchen, and sheltered design ensuring year-round enjoyment, The detached RV car garage with AC for multiple vehicles and ample space for grown up toys. Thoughtful design and high-end finishes throughout ensure comfort and elegance, perfect for both quiet retreats and lavish entertaining.

8347 E Arroyo Hondo Road Scottsdale, AZ 85266

$1,890,000
4 Beds
3.5 Baths
3,567 SqFt
Status Active
MLS # 6749616
Property Type Single Family Residence
Price Type --
BEAUTIFULLY updated home on a large PRIVATE lot w/ Black Mountain Views! This 4 bedroom/3.5 bath/ 3 car garage home with a den is the PERFECT retreat ! Endless tasteful upgrades include: light fixtures, ceiling fans, hardwood floors, beamed ceilings, remodeled kitchen & bathrooms, master bathroom w/ a Miele Coffee Bar & fridge. Enjoy the outdoor living with plenty of space for entertaining. Enter the spacious backyard area through a expansive retractable glass wall to a large outdoor dining area w/ patio heaters, bar/TV, fireplace, fire pit, built in BBQ w/fridge, newly surfaced Pebble-Tec pool, hot tub & grass areas. This home is a turnkey opportunity fully decorated by a professional interior designer. Furniture/decor can be purchased on a separate bill of sale. Just move in & relax!

6525 E Cave Creek Road Unit 18 Cave Creek, AZ 85331

$1,890,000
4 Beds
4.5 Baths
3,502 SqFt
Status Active
MLS # 6764016
Property Type Single Family Residence
Price Type --
Indulge in the epitome of luxury living with this impeccably crafted residence nestled in the heart of Cave Creek's coveted Hidden Rock community. Offering a seamless fusion of contemporary sophistication and timeless charm, this home is a true masterpiece. Step inside to discover a captivating open floor plan, adorned with soaring ceilings that invite natural light to dance throughout the space. The gourmet kitchen, a culinary enthusiast's dream, showcases top-of-the-line Thermador appliances and a magnificent 8-foot wine fridge, elevating every cooking experience to new heights of culinary delight. Designed for ultimate comfort and convenience, the ground floor boasts not one, but two master bedrooms, providing unparalleled flexibility and privacy. Ascend the staircase to find two additional master suites, each exuding a sense of opulence and tranquility, along with a versatile loft area that beckons for moments of relaxation or entertainment. Outside, a haven of serenity awaits, where meticulously landscaped grounds blend harmoniously with the surrounding natural beauty. Take in breathtaking mountain vistas from the front deck, or retreat to the rear deck to marvel at the awe-inspiring sight of Black Mountain, a majestic backdrop to your daily adventures. The backyard is a sanctuary of leisure and luxury, featuring a picturesque blend of stone accents and lush artificial turf, creating an idyllic setting for outdoor gatherings or quiet moments of reflection. Immerse yourself in pure bliss as you unwind in the private inground spool/hot tub, enveloped by the soothing embrace of warm water and starlit skies. Conveniently located just moments away from a myriad of coffee shops, restaurants, and boutique stores, this home offers the quintessential Cave Creek lifestyle. Don't miss your chance to experience the pinnacle of elegance and exclusivity in this exceptional Hidden Rock retreat.

4102 E Scorpio Place Chandler, AZ 85249

$1,890,000
7 Beds
5.5 Baths
6,751 SqFt
Status Active
MLS # 6772164
Property Type Single Family Residence
Price Type --
You won't believe how low the utilities are on this meticulous 7000 sf custom home! Averaging just $200/mo year round, you won't find another house more energy efficient. Welcome to the gated community of Falcon Estates in Chandler, AZ. This 7 bedroom, 5.5 bathroom home with detached casita sits on a basement and is full of luxury upgrades, top of the line finishes and superior construction. Enter through the custom iron door into the grand entry with beautiful tempered glass windows, tons of natural light, 14 foot ceilings, 24'' travertine and open concept floorplan. The chef's kitchen is complete with an oversized island, eat in bar, Sub Zero separate refrigerator and freezer, 48'' dual gas stove , beverage station, trash compactor, warming drawer, wine cooler, butler's/prep pantry and walk in pantry. The eat in kitchen nook is completely surrounded by windows that overlook the peaceful backyard. The master retreat features a beautiful fireplace, separate sitting area full of windows, beautiful natural bamboo flooring, huge ensuite with 2 walk in closets, jet spa, and snail shower as well as direct access to the backyard patio. First floor has 3 additional bedrooms (all with beautiful bamboo flooring) 2 featuring a private full bathroom and walk in closet and the third is currently an office with dual closets. The gorgeous spiral staircase takes you downstairs to the basement that is perfect for more entraining. With a large open family room, expansive wet bar with barstool seating equipped with mini fridge, dishwasher and trash compactor, 2 more bedrooms, jack and jill bathroom and a separate powder bath, you have everything you need in this bright airy space. The detach casita is perfect for guests with a private entrance, large bedroom and full bathroom. The low maintenance serene backyard is full of mature fruit trees, multiple covered patios, seating/gathering areas, water fountain, extended pavers, beautiful trellises, outdoor fireplace and many variations of plants. A gardener's dream. Plenty of room for a pool, virtual design available. Centrally located to the 202, SanTan Mall, dining, entertainment, hospitals, top notch schools and community parks, this home is a must see! Welcome home!

150 E Wing Drive Sedona, AZ 86336

$1,890,000 - 3Br/3Ba -  for Sale in East Cup Of Gold Estates, Sedona
Open House
$1,890,000
3 Beds
2.5 Baths
2,117 SqFt
Status Active
MLS # 6783845
Property Type Single Family Residence
Price Type --
Discover a stunning private retreat in a dream outdoor setting! This turn-key vacation rental, located in the charming Cup of Gold Estates, features a huge fenced yard, a saltwater pool/spa, + oversized party patio. Just steps from Oak Creek, local hiking/biking trails, and miles of national forest, this idyllic home boasts 3 BD 2.5 BA 2119 sq ft on .73 acres. Total renovation completed in 2021, this home offers tranquility, comfort, and luxury. Enjoy breathtaking sunsets over the expansive 18,500-gallon pool, surrounded by rolling red rock hills and endless outdoor adventures. Currently an award-winning 5-star Airbnb for 3 years, there's an option to purchase all furniture and supplies for a turnkey vacation rental, complete with 2025 bookings. Seller is owner agent. See supplement. 10 REASONS YOU WILL FALL IN LOVE WITH THIS PROPERTY: 1. PRIME LOCATION: Situated on the nature park side of West Sedona, this home is walking distance to Oak Creek, Red Rock State Park, local hiking trails, and endless national forest. Located blissfully away from the traffic congestion of Uptown Sedona & VOC, this property offers seclusion yet convenience. Enjoy peace, privacy, and a feeling of being away from it all while still only a 5 mile drive to the conveniences of West Sedona. 2. SO MUCH MORE THAN A HOUSE: This stunning property features a spacious 2,119 sq ft primary residence, complemented by a charming 352 sq ft fully screened Arizona Room. Enjoy outdoor living on a sprawling 2,000+ sq ft red rock flagstone patio, a luxurious oversized saltwater pool with a hot tub, and a fully fenced backyard complete with a fire pit and cozy seatingall nestled on .73 acres of serene private land in the picturesque Cup of Gold Estates. 3. TURN KEY VACATION RENTAL: With airbnb bookings on the calendar through September 2025 & a $100K furniture package option (through separate bill of sale), this property can be purchased as a fully furnished, turn key vacation rental, complete with the important items necessary to run a successful STR: TVs, furniture, beds, mattresses, plenty of towels, sheets, bedding, dishes, pots/pans, appliances, ping pong table, pool floats, guest robes, baby crib, toys, coloring books, patio furniture and more. Step into ownership of an award-winning 5-star vacation rental easily and quickly. All you need to do is take over the booking calendar! 5. OAK CREEK ACCESS: Experience the beauty of nature just steps away from Sedona's year-round Oak Creek. With community access for Cup of Gold property owners via a designated parcel adjacent to the property, you can stroll along the creek, exploring the scenic paths that lead east to Cross Creek Ranch or west into miles of expansive national forest. Don't miss the enchanting falls at Oak Creek, where you can relax on majestic boulders while enjoying the soothing sounds of gentle waterfalls. 6. UNPARALLELED OUTDOOR SANCTUARY: Immerse yourself in resort-style living with an 18,500+ gallon, beautifully curved saltwater pool, ideal for a refreshing dip under the Sedona sun. The extra-large beautifully curved red rock flagstone patio offers the perfect space for outdoor grilling, dining al fresco, sunbathing, and taking in the surrounding red rock views. The 8-person saltwater hot tub/jacuzzi adorned with cobalt blue Spanish tile gets piping hot with the touch of a button, providing the ultimate spot for unwinding and stargazing. 7. EMBRACE NATURE'S WONDER: Discover the enchanting beauty of the outdoors, with delightful surprises around every corner. Witness year-round hummingbirds, hot air balloons gracing the early morning skies, and gentle deer, along with spirited javelinas strolling through the front yard. Experience the vibrant colors of changing leaves in the fall and the serene charm of a snow-covered landscape in winter. The property is alive with butterflies, vibrant songbirds, morning doves, and curious dragonflies, all drawn to the wild rosemary and blooming desert flora. 8. OUTDOOR ENTHUSIAST'S PARADISE: Step out the front door of this property to endless outdoor adventures! Walk to nearby Lime Kiln Trail, where a brief hike leads you to breathtaking views of the surrounding landscape and Sedona's iconic Cathedral Rock. For nature lovers, the neighboring Red Rock State Park offers a stunning 286-acre preserve featuring a five-mile network of hiking trails (please note that an entrance fee is required). Equestrians will delight in the numerous scenic trails available for horseback riding. Additionally, thrill-seekers will appreciate the proximity to off-roading trails like the Cliffhanger Trail, located just one mile from your doorstepperfect for exhilarating ATV and UTV rides. 9. TOP TO BOTTOM RENOVATION: Experience the luxury of a fully remodeled home, where every detail has been meticulously upgraded. Revel in the grandeur of a brand-new, spacious kitchen, all new appliances, as well as beautifully renovated bathrooms and bedrooms. Fresh doors, trim, and new interior and exterior paint enhance the home's appeal. The Arizona Room has been transformed with new screens, flooring, and doors, providing a seamless connection to the outdoors. You'll also find new blinds on all windows and stunning new flooring throughout. The pièce de résistance is the addition of a resort-style party patio, complete with a saltwater pool and spa, an inviting outdoor fire pit, and a sprawling fenced yardperfect for entertaining and relaxation! 10. ULTIMATE PRIVACY: Whether you envision this home as your primary residence, a cozy second vacation home, or a fully functional short-term rental, you'll truly value the privacy it offers. Surrounded by mature juniper trees and featuring a spacious, fully fenced backyard, this property ensures the perfect blend of seclusion and tranquility, allowing you to unwind in peace.

14914 E Zapata Drive Fountain Hills, AZ 85268

$1,888,888
3 Beds
3.5 Baths
2,708 SqFt
Status Active
MLS # 6784099
Property Type Single Family Residence
Price Type --
Welcome to your mountain sanctuary! Perched atop a serene peak, this new custom-built home that has never been occupied offers breathtaking 360-degree unobstructed views of nature's finest panoramas with no neighbors in sight to interrupt the tranquility. This exclusive cul-de-sac lot provides the utmost privacy with a private gate and long driveway that offers 8 car slab parking. As you enter, you'll be greeted by soaring 15 ft high ceilings in the living room and dining room, perfect for entertaining guests or enjoying cozy evenings by the 75-inch fireplace. The heart of this home lies in the kitchen with state-of-the-art appliances, massive 66-inch stainless steel refrigerator with ice maker and water dispenser spacious walk-in pantry, 42-inch cabinets with soft close, wine cooler. Pot filler, microwave wall oven combo, and a remarkable 10x6 ft waterfall edge island with double sink that seamlessly integrates style and functionality. Retreat to the sanctuary of the master suite, complete with a double sink, private toilet room, walk-in rain shower and separate tub, fireplace, and a huge walk-in closet. Each of the bedrooms boasts 12 ft high ceilings and large walk-in closets, ensuring comfort and convenience for every member of the family. With 1.5 acres of pristine land surrounding your home, there's ample space to create your own outdoor oasis. A stunning infinity pool and spa that not only offers refreshment on hot summer days but also serves as a mesmerizing centerpiece against the backdrop of the majestic mountains. Step outside through the slider doors to the patio, where indoor-outdoor living reaches new heights. Host unforgettable gatherings around the barbecue grill, or simply unwind and admire the mountain views with ceiling fans to keep you comfortable. Additional features include quartz countertops throughout the house, 8 ft high doors, ceiling fans for year-round comfort, 3-car garage, 8 ft high garage doors, pre-wired with EV charging capability and the perfect touch of elegance with a second fireplace in the living room. Vinyl plank flooring & upgraded window coverings add the perfect finishing touches. The home is pre-plumbed for a water softener. Water circulation plumb that provides instant hot water. 2x6 ft wood framing with spray foam insulation which can save utilities up to 50% compared with standard insulation!

6711 E Camelback Road Unit 3 Scottsdale, AZ 85251

$1,885,000 - 3Br/4Ba -  for Sale in Pavoreal, Scottsdale
Open House
$1,885,000
3 Beds
3.5 Baths
3,240 SqFt
Status Active
MLS # 6759570
Property Type Townhouse
Price Type --
This stunning Santa Fe style townhome in the highly sought-after Pavoreal community showcases timeless upgrades that match the character and charm of this special architecture. The newer modern custom kitchen is the heart of the home. The great room includes a living/dining area with a wet bar and wine cooler, perfect for entertaining guests. Featuring 2 fireplaces, 2 primary suites, and a large third bedroom, this offers flexible living spaces to suit your needs. Each bedroom has an en-suite bathroom and lots of closet space.Outside, enjoy a relaxing water feature in the rear patio, providing a peaceful retreat within the heart of downtown Scottsdale just minutes from the Phoenician Resort and Spa. Pavoreal is guard-gated for added security and is just a short walk to Fashion Square.

12746 E Casitas Del Rio Drive Scottsdale, AZ 85255

$1,881,995
3 Beds
3.5 Baths
2,599 SqFt
Status Active
MLS # 6707716
Property Type Townhouse
Price Type --
NEW CONSTRUCTION - ESTIMATED COMPLETION DECEMBER 2024, Modern, Desert Contemporary style architecture! This open 3bdr/3.5bth/Study floor plan offers ample space for entertaining. The Caullins' welcoming covered entry and inviting foyer lead to the spacious great room and dining room, with views of the large covered patio beyond that opens to natural area open space. The well-designed kitchen is equipped with a large center island with breakfast bar, plenty of counter and cabinet space, and ample dual pantries. The beautiful primary bedroom suite is highlighted by a huge walk-in closet and deluxe primary bath with dual-sink vanity, large soaking tub, luxe glass-enclosed shower and private water closet. Landscape includes spool, outdoor kitchen and fire feature.

2748 E Hummingbird Way Gilbert, AZ 85297

$1,880,000
3 Beds
3.5 Baths
4,092 SqFt
Status Active Under Contract
MLS # 6728237
Property Type Single Family Residence
Price Type --
Welcome to Elegance Redefined - Nestled in the heart of a serene neighborhood of Whitewing at Germann Estates, this exquisite residence boasts an architectural masterpiece that seamlessly blends modern luxury with timeless charm. As you enter through the grand entrance, you're greeted by a breathtaking courtyard that sets the tone for the opulent experience that awaits. The heart of the home is the gourmet kitchen, a culinary haven equipped with state-of-the-art appliances, sleek quartz countertops, and a spacious island that invites social gatherings. The open-plan living area, bathed in natural light, features soaring ceilings and a chic fireplace, creating an ambiance of warmth and sophistication. Retreat to the primary suite, a sanctuary of tranquility with its private bathroom that offers a spa-like experience where a soaking tub and rain shower await to wash away the stresses of the day. The finishes and thoughtful design create a space that's both functional and aesthetically pleasing. Each bedroom is complete with en suites, providing the ultimate in comfort and convenience. The den and/or craft room is complete with built in cabinets and shelves. The flex room is a perfect place to turn into any space that you seem fit with its endless possibilities, along with all the natural light that pours in, and access to another outside patio. Outside to the backyard oasis - an entertainer's dream with a sparkling pool, spa, an outdoor shower that adds a touch of indulgence, perfect for cooling down on warm summer days or rinsing off after a dip in the pool. An entertaining space, along with plenty of open space to truly make it your own. This home is not just a dwelling but a statement of luxury and comfort. It's where every detail is meticulously crafted to offer an unparalleled living experience. Make it yours and live the life you've always dreamed of.

4452 E Lincoln Drive Paradise Valley, AZ 85253

$1,880,000
4 Beds
3 Baths
3,817 SqFt
Status Active
MLS # 6734421
Property Type Single Family Residence
Price Type --
Enjoy breathtaking Camelback Mountain views from the kitchen and dining room. Situated over an acre of land with an RV Garage, this home offers plenty of space to roam. The gourmet kitchen features a massive center island, perfect for entertaining. Cozy up to the impressive two-sided stone fireplace. Don't miss this rare opportunity for a New Construction home or renovation in Paradise Valley.

7571 E Visao Drive Scottsdale, AZ 85266

$1,880,000
4 Beds
3.5 Baths
3,306 SqFt
Status Active
MLS # 6773848
Property Type Single Family Residence
Price Type --
Premium oversized lot!This home is set to be featured on an upcoming episode of HGTV. Look no further for a contemporary residence with a resort-style backyard - your dream home awaits! Jewel box designer home. TURN KEY! Situated in the exclusive guard-gated community of Bellasera, this impeccably renovated estate, crafted by the esteemed Designs by Alexandra based in California, presents a sophisticated living experience. Boasting 4 bedrooms, including a GUEST HOUSE with a private exterior entrance, 3.5 bathrooms, a 2-car epoxy garage, and more, this residence is a true gem. Upon entering, you'll be captivated by the sun-drenched living room featuring a wall of glass that seamlessly opens to the beautifully landscaped resort-style backyard with a desert oasis vibe and a brand new pool!

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