Thinking of Making an Offer? 4 Tips for Success

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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4633 N 49th Place Phoenix, AZ 85018

$2,350,000

5 Beds

4 Baths

2,827 SqFt

Status Active

MLS # 6763909

Property Type Single Family Residence

Price Type --

Beautiful property on a 0.7 acre lot with breathtaking Camelback views ! Boasting an incredible backyard it's an entertainer's dream. Imagine relaxing by the sparkling pool, enjoying the sunset or hosting gatherings in your expansive outdoor space. The home was renovated and furnished with high end material in 2020. The gourmet kitchen and elegant finishes are remarkable. There are a lot of natural lights pouring through the large windows, enhancing the open-concept floorplan. 3 primary bedrooms with ensuite to provide comfort and luxury. Everything is included you simply need to bring your suitcase. This property has been an incredible rental producer, this could be your investment gold mine! Located just minutes from Scottsdale's Fashion Square, a variety of world-class restaurants. and premier golf courses, this home offers easy access to the best of both Arcadia and Scottsdale living. Whether you're looking for a serene retreat or a place to entertain, this property is an absolute gem. Don't miss out on the opportunity to live in one of Phoenix's most desirable neighborhoods with views that will leave you in awe!

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3749 E Juniper Circle Mesa, AZ 85205

$2,350,000

5 Beds

5.5 Baths

4,374 SqFt

Status Active

MLS # 6754049

Property Type Single Family Residence

Price Type --

This home is a collector's paradise, boasting unparalleled elegance and move-in readiness. With recent upgrades enhancing every corner, it offers the pinnacle of luxury living. The open floor plan features bedrooms each with their own ensuite, complemented by walk-out patios and a private backyard oasis that promises a resort-like experience. The home shines with fresh interior paint and a state-of-the-art misting system, alongside top-tier amenities like the Ferrari of Toto Toilets, a new AC unit, and water heaters. A whole-house water filtration and soft water system, therapeutic hot tub, and indoor/outdoor Minka Fans further elevate the living experience. For car enthusiasts, the property includes a true 6-car garage with Swiss Trax flooring and air conditioning for extra comfort. The chef's kitchen is a dream, equipped with Subzero/Wolf appliances and an extension of the outdoor kitchen ideal for entertaining. Every detail in this home has been meticulously attended to, making it a one-of-a-kind property on the market. Don't miss out on the opportunity to explore all the exceptional features when you view this home & receive a complete list of enhancements!

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240 Casitas Court Sedona, AZ 86351

$2,350,000

4 Beds

5 Baths

3,624 SqFt

Status Active

MLS # 6777299

Property Type Single Family Residence

Price Type --

Contemporary Luxury with Spectacular Views! This stunning, to-be-built modern home offers breathtaking, panoramic views of Bell Rock, Castle Rock, Lee Mountain, and Courthouse Butte. With no HOA restrictions and short-term rentals allowed, this property is the perfect blend of elegance and investment potential. The design features a floor-to-ceiling window wall that opens up, seamlessly blending indoor and outdoor living spaces. Highlights include: 3,624 sq ft of sleek, contemporary design with 4 bedrooms and 4.5 bathrooms Energy-efficient construction with 2x8 walls, 2'' exterior foam insulation, a metal roof, and owned solar panels Multiple outdoor spaces: 3 view decks and a covered patio, including an outdoor kitchen with a built-in BBQ Spacious Great Room with a gas fireplace, open kitchen, and dining area Luxurious main-level Master Suite with stunning views and a split guest bedroom with a private bath Lower level includes 2 guest suites, a living room, and a 3-car garage Elevator shaft for future accessibility and 220 electric in the garage, ready for electric vehicles Prime location, just minutes from hiking trails, local markets, dining, and three golf courses. Conceptual images are provided, with materials and renderings subject to change. Features include stacked stone exterior, concrete flooring on the lower level, cork floors on the main level, and plush carpet in the bedrooms. This home is designed for the ultimate Sedona lifestyle with its sleek contemporary design and unbeatable views.

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7946 E Soaring Eagle Way Scottsdale, AZ 85266

$2,350,000

4 Beds

5 Baths

4,273 SqFt

Status Active

MLS # 6779316

Property Type Single Family Residence

Price Type --

Incredible custom home in Montesano at Winfield Resort. Owners have updated, upgraded, and maintained this home like few others. Mechanicals (AC's), roof, pool and 4 car garages all updated to the max. Resort pool backyard w/ built-in fireplace, bar-b-que island, htd pool/spa, covered and uncovered patios with captivating views to Winfield Mtn(75 acre boulder studded preserve). Large custom lot tucked away in tranquil cul-de-sac. Featuring three ensuite bedrooms and a full flex office/den/hobby or full 4th bedroom w/ walk in closet and 3/4 bath and private separate exit. The garages are split 2 and 2 with one side temp controlled, extended bays, workshop areas, storage room, epoxy floors, IMMACULATE. High volume ceilings, expansive kitchen/great room/ dining, master.Full resort amenities!

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19735 E Sonoqui Boulevard Queen Creek, AZ 85142

$2,350,000

5 Beds

4 Baths

5,089 SqFt

Status Active

MLS # 6781997

Property Type Single Family Residence

Price Type --

ABSOLUTELY BEAUTIFUL 5 BEDROOM + DEN, 4 BATHROOM WITH 4 CAR GARAGE ON A HUGE 35,000+ SQUARE FOOT LOT IN CIRCLE G THAT HAS JUST UNDERGONE AN EXTENSIVE REMODEL (SEE PICS...ITS GORGEOUS!). HIGH CEILINGS, SEPARATE LIVING AND GREAT ROOMS, HUGE ISLAND KITCHEN WITH HIGH END APPLIANCES, QUARTZ COUNTERS, WOOD FLOORING THROUGHOUT, THE MASTER SUITE IS LARGE AND ELEGANT, SEPARATE SOAKING TUB AND HUGE SHOWER, THE BASEMENT FEATURES 2 BEDROOMS, A FULL KITCHEN AND STACKABLE WASHER DRYER AND THEATER ROOM/FAMILY ROOM. THE EXTERIOR BOASTS AN OVERSIZED 4 CAR GARAGE, TONS OF STORAGE INCLUDING A SEPARATE AIR CONDITIONED STORAGE AREA WITH ACCESS TO THE GARAGE AND BACKYARD (PERFECT FOR A CONDITIONED WORKSHOP), HUGE BACK PATIO, WITH OUTSIDE FIREPLACE, SPORT COURT, BEAUTIFUL PRIVATE POOL W GROTTO, NEW ROOF, ETC.

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4129 E Palo Verde Drive Phoenix, AZ 85018

$2,350,000

4 Beds

3 Baths

3,450 SqFt

Status Active Under Contract

MLS # 6769377

Property Type Single Family Residence

Price Type --

Location, location, location! Welcome to this beautiful 4 bedroom, 3 bathroom home, perfectly nestled in a highly sought-after cul-de-sac within the Short Hills community of 85018. Sitting on a lot just shy of half an acre, this property offers ample space and privacy, making it a true gem in the neighborhood. The interior is a unique blend of modern and timeless architecture. The outdoor space is stunning with a large covered patio, beautiful pool and spa, putting green, fire pit area and sauna. The attached mother-in-law suite provides flexibility and convenience, whether for guests or multigenerational living and has a full separate kitchen and eat in area. This home is walking distance to many incredible restaurants including Steak 44, Flower Child & The Global Ambassador! Want great schools too? Hopi, Ingleside and Arcadia! Come see for yourself.

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5101 N Casa Blanca Drive Unit 324 Paradise Valley, AZ 85253

$2,350,000

2 Beds

3 Baths

2,293 SqFt

Status Active

MLS # 6722426

Property Type Single Family Residence

Price Type --

''Yes Harriet, there is a garage in historic Casa Blanca!'' #324 is a beautiful single-level home with, 2 BR (split plan), 3 BA, and study. Relax in the wrap-around private garden patio with retractable awning and outdoor fireplace, designed by Charlie/The Green Room. Lovely natural light fills the Great Room with 13' ceilings and fireplace, the cozy den/studio/library, dining area, and gorgeous eat-in kitchen with quartz countertops ...all the things we love to live with. The primary suite features an enormous bath and walk-in closet, just a few steps from the charming ''read a book or swim'' pool..a happy, good mood place! The two-car garage has a sink and new epoxy floor. Enjoy the two other swimming pools, play tennis or pickle ball, or meander the walking paths and rose garden.

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35036 N 85th Street Scottsdale, AZ 85266

$2,350,000

3 Beds

3.5 Baths

4,433 SqFt

Status Active

MLS # 6774947

Property Type Single Family Residence

Price Type --

See property video. Stunning 2019 built home set on a spacious ¾-acre private lot within the highly sought-after gated community of Andaluza. Just minutes away from multiple grocery stores, restaurants and the Boulders Resort and Spa featuring two signature 18-hole golf courses, tennis and pickleball courts, gym, spa and more, memberships available to outside residents. The open-concept design showcases a great room layout with soaring 12ft ceilings and a gourmet chef's style kitchen, complete with two large islands, quartz countertops, a Wolf 6-burner cooktop with griddle, oversized refrigerator, dual ovens, a walk-in pantry, and an additional prep area with custom cabinetry throughout. The luxurious primary suite includes a versatile flex space, perfect for a home gym or office, and a spa-like bathroom with dual vanities, a free-standing tub, walk-in shower with dual shower heads, and two generous walk-in closets offering abundant storage. The home also features two additional ensuite bedrooms, a large dining room comfortably seating 8+, and a formal living room that could easily be converted into a home office or remain as an additional seating/entertaining area. The expansive great room is a highlight with its gas fireplace, beamed ceilings, and a 12ft bi-fold door that opens fully to the covered patio, creating seamless indoor-outdoor living - ideal for Arizona's perfect weather. Outside, the pristine backyard oasis offers a heated PebbleTec pool and spa with an automated Pentair system, an artificial turf putting green, travertine pavers, a misting system, and lush landscaping accented by landscape lighting. Additional features include dual 4-car garages with epoxy flooring and overhead storage, a wet bar with a wine fridge, custom window treatments, and more.

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5112 N 35th Street Phoenix, AZ 85018

Open House

$2,350,000

5 Beds

3.5 Baths

4,093 SqFt

Status Active

MLS # 6777220

Property Type Single Family Residence

Price Type --

Turkey, completely remodeled 2 story home in highly desirable Biltmore Heights neighborhood. Charming 5 bed, 3.5 bath home with bright natural light with white oak flooring & chef's kitchen with white custom cabinets, quartz waterfall island, & stainless-steel appliances. Split floorplan where primary bedroom includes dual sink vanity, oversized shower with freestanding tub, & walk-in closet. Backyard perfect for entertaining with pool, covered patio, & vegetable garden. Upstairs you will find five additional rooms, including a massive flex room that can be used as a loft, bedroom, game room or office. Home also features huge laundry room with farmhouse sink, quartz counters & mud room area. Prime location, minutes from the best shops, restaurants and amenities in both Arcadia & Old Town.

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6990 E Buckhorn Trail Scottsdale, AZ 85266

$2,349,000

6 Beds

5.5 Baths

5,944 SqFt

Status Active

MLS # 6645697

Property Type Single Family Residence

Price Type --

Welcome to paradise in north Scottsdale! This sanctuary estate sits at the end of a short private cul-de-sac in the prestigious community of Lomas Verdes. Completely refurbished inside and out, featuring a large open kitchen and great room with high ceilings. The perfectly balanced floor plan will please even the most discerning buyers, providing comfortable two-person living as well as expansive living for larger families! This beautiful home also offers to keep everyone entertained with activities, including a pickle ball court, a beautiful pool and spa, and two outdoor fireplaces. The additional 1,000 square foot finished basement features a wet bar, and living and entertaining spaces. The 3 HVAC systems are newly installed with manufacturer warranties. New quartz counters throughout.

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9370 E Wethersfield Road Scottsdale, AZ 85260

$2,349,000

3 Beds

3.5 Baths

3,343 SqFt

Status Active

MLS # 6757519

Property Type Single Family Residence

Price Type --

Newly built smart home situated in the exclusive gated community at Wildhorse Estates is available now! Perfectly located in the desirable Cactus Corridor in North Scottsdale, minutes from the 101 Hwy with endless entertainment, dining, and shopping - this modern home is in the middle of it all and has all the trimmings. Wolf appliances throughout a spacious kitchen with a walk-in pantry, an oversized island with waterfall edge, stacked cabinets with soft-closing drawers, two dishwashers, multiple ovens, a 48'' Miele refrigerator with a full wet bar and a beautiful fireplace that's perfect for entertaining. Home also comes equipped with reverse accent ceilings, LED lighting throughout, upgraded baseboards, and elegant French-doors leading to office area. The open master bedroom has a great accent wall and luxury bathroom that includes a stand-alone tub and walk-in shower. You must see the grand open corner sliding glass doors leading to your backyard oasis that includes a pool, spa, fire-pit, and BBQ grill. Great insulation with top-of-the-line air purifiers that's built-in throughout entire house. Both garages are fully insulated with dedicated split AC units and stunning epoxy floors that you'll love. Other features include motorized blinds, water softener system, tankless water heater and security cameras safely covering all angles of home. Act now, you don't want to miss this one!

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8396 E Sunnyside Drive Scottsdale, AZ 85260

$2,349,000

4 Beds

4.5 Baths

3,900 SqFt

Status Active

MLS # 6767129

Property Type Single Family Residence

Price Type --

Discover the ideal family floor plan in this beautifully remodeled 4-bedroom, 4.5-bathroom home, featuring an office. Each bedroom includes its own ensuite for added privacy. Enjoy stunning golf course and mountain views from this corner lot, with high ceilings enhancing the spacious feel. The inviting layout includes a large family room and oversized living/dining area, perfect for gatherings. A standout feature is the 16-foot folding patio door, seamlessly connecting indoor and outdoor spaces, leading to pavered yards. The newly renovated pool boasts a pebble sheen finish, while a resurfaced basketball court adds to entertainment options. Key updates include fresh paint, an epoxy garage floor, and new lighting. The gourmet kitchen is a chef's dream with custom cabinets, high-end appliances, and a large quartz island. The luxurious master suite features a glass-enclosed shower and custom vanity. Additional highlights include a custom wine bar, elegant flooring, and solid wood doors. This home is truly move-in readydon't miss out!

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