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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3510 E Claremont Avenue Paradise Valley, AZ 85253

$2,250,000

6 Beds

4 Baths

3,718 SqFt

Status Active Under Contract

MLS # 6707201

Property Type Single Family Residence

Price Type --

Nestled in the tranquil back of a cul-de-sac within the prestigious Mirada Los Arcos subdivision of Paradise Valley, this extraordinary property offers breathtaking mountain views in multiple directions. Its prime location places you close to the finest amenities that Paradise Valley, Scottsdale, and Phoenix have to offer, including the scenic Phoenix Mountain Preserve trails, an array of popular restaurants, boutique shops, and top-rated public and private schools. The expansive lot tucked into the back of a gorgeous cul-de-sac provides the perfect opportunity to build your dream home, creating a custom living space that takes full advantage of the stunning natural surroundings. This one-of-a-kind property combines a prime location, stunning views, and exceptional potential. This is an unparalleled opportunity to create a luxurious and personalized living environment in one of the most desirable areas of Paradise Valley.

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8526 N 82nd Street Scottsdale, AZ 85258

$2,250,000

3 Beds

2.5 Baths

2,925 SqFt

Status Active

MLS # 6763740

Property Type Single Family Residence

Price Type --

DESIGN PERFECTION & TIMELESS SOPHISTICATION captured in this enchanting Santa Barbara Style home. Meticulous attention to detail has been given to this flawlessly remodeled home loaded with high-end upgrades. Located in the highly sought after neighborhood, The Islands at McCormick Ranch, on a premium size corner lot. The beautifully designed interior captures you upon entry with a stately great room, lofty ceilings adorned with tongue & groove detail, inviting fireplace, and large picture windows flooding the space with natural light. The thoughtfully designed split floorplan offers privacy and space, featuring a spacious primary suite, two guest suites, versatile den/office and elegant formal living & dining rooms. A chef's dream kitchen with custom cabinetry, Thermador appliances, induction cooktop, farmhouse sink, ambient lighting, walk-in pantry and eat-in breakfast area. Other Signature Elements that elevate the home include designer chandeliers, custom closet systems, sophisticated window treatments, 2-fireplaces, intricate ceiling details throughout, Anlin windows, new HVAC units (2021) and more. To complete the high-end design, the exterior underwent a complete renovation by Berghoff Design Group creating a resort style atmosphere. Lush mature landscaping, custom iron gates, courtyard entry, expansive paver patios/walkways, designated entertaining areas, private pool with tranquil water feature, beautifully illuminated landscape lighting making this home a true haven for relaxation or hosting gatherings. McCormich Ranch offers Fabulous Living & Lifestyle with greenbelt walkability and biking paths, nearby conveniences, shopping, restaurants and more. Minutes to Old Town Scottsdale, Spring Training, Arts, hiking and world class event venues. **Furniture can be available on a separate bill with the exception of staging pieces**

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7262 E Baker Drive Scottsdale, AZ 85266

$2,250,000

5 Beds

4.5 Baths

5,741 SqFt

Status Active

MLS # 6725493

Property Type Single Family Residence

Price Type --

Major price improvement! Don't miss this stunning Monterey Home situated on the best private 1.6 acre lot in the coveted gated community of Trovia! The incredible open concept floor plan with gorgeous site lines is the perfect mix of form & function. This well-designed, single level home features the primary bedroom and office on one side, and four large bedrooms and a plush game room on the other. Spacious open kitchen features top notch appliances, granite countertops, kitchen island, upgraded cabinetry, Viking six-burner gas stove and a built-in refrigerator. That is just the beginning as this home features a top of the line cinema-like home theater, a full sauna and exercise room and a 4 car oversized garage! The backyard oasis is incredible for entertaining and family gatherings. A large over-sized pool, separate heated spa, built-in Viking BBQ, and huge extended covered patio tops off the outdoor experience. Furnishings and accessories available on separate bill of sale.

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6111 E Hearn Road Scottsdale, AZ 85254

Open House

$2,250,000

4 Beds

3 Baths

3,260 SqFt

Status Active

MLS # 6759479

Property Type Single Family Residence

Price Type --

SELLER SAYS - BRING AN OFFER!! The Magic Zipcode just got more Magical! Welcome to 6111 E Hearn Rd, a very special extensive rebuild that is like none other! This beautifully re-imagined property has spared no expense to deliver all the essentials and luxury touches you desire, with the feel of new construction on a large lot in a fantastic established neighborhood. The split floor plan offers additional privacy for the main primary suite, which features a jumbo sized master shower and separate soaking tub, dual sinks, water closet, and walk in closet with custom cabinetry and shelving. The secondary primary suite on the east wing was specifically designed with additional accessibility in mind, the zero grade shower also has a full bench and an enlarged door less entry with separate shower heads and controls for comfort and ease. The gorgeous, jaw dropping kitchen includes quartzite countertops and a huge custom island with drawer microwave, imported Italian Bertazzoni appliance package with induction stove, under cabinet lighting and a bedroom sized walk in pantry with shelving and cabinets. The custom built wine cooler has double sided dry bars with ice maker and mini fridge, plus shelving and storage. Enter the large grassy backyard through the multi-directional arcadia doors and enjoy mountain views, plus a full sized play pool ready for soaking, sunning or volleyball. Large, three car garage and no HOA makes this the perfect home for anyone.

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2543 E Linda Lane Gilbert, AZ 85234

Open House

$2,250,000

5 Beds

5.5 Baths

5,164 SqFt

Status Active

MLS # 6735153

Property Type Single Family Residence

Price Type --

Seller is MOTIVATED!! Experience this REMODELED custom home of your dreams! Over $270,000 in upgrades! BRAND new roof and custom finishes. This exquisite luxury property, located in Whitewing at Wiehl Estates, is a true masterpiece of modern living. Every detail has been meticulously crafted to offer ultimate sophistication. This stunning kitchen is truly a chef's paradise, designed to encourage culinary imagination. Recent updates include a stunning gold-plated range hood, gold pot filler, gold handles on new Monogram gas cooktop that perfectly compliments new black and gold light fixtures and fans. The kitchen features a dedicated espresso area, a built-in Wolf fridge and a Wolf built-in microwave. The large primary bedroom looks out to the best view of the backyard and pool. The primary closet is a dream come true with personalized cabinets that extend to the ceiling, providing ample storage space. Indulge in the beautifully designed primary bath, complete with gold faucets designed for drinking, oval dual sink vanity, surround sound, tile to the ceiling, new commode, make the bathroom experience magical. Relax in the matching oval-shaped soaker tub or enjoy the two-sided, extra-large shower room. Perfect for guests or extended family, the detached casita includes a custom-made Murphy bed and its own bathroom. A separate entrance for the casita for convenience. A spacious apoxy floor three-car garage ensures ample parking, while the property also features a new roof and freshly painted exterior, enhancing its curb appeal. Each of the upstairs bedrooms comes with its own ensuite bathroom, ensuring comfort and privacy for everyone. The expansive, extremely private backyard is perfect for entertaining or relaxing, also including a sports court. This home is a true gem, offering the perfect blend of luxury, comfort, and modern amenities. Don't miss the opportunity to own the finest property in the neighborhood. Contact us today and experience the epitome of lavish living.

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5535 W Corliss Circle Prescott, AZ 86305

$2,249,900

5 Beds

5.5 Baths

3,712 SqFt

Status Active

MLS # 6770392

Property Type Single Family Residence

Price Type --

Truly one of the more magnificent homes in the entire community of Whispering Canyon and the Williamson Valley area. Perched atop a level 1.97 acre mountain ridge with sweeping and dramatic long distance views this home makes a statement. Single level residence with 5 Suites, 5.5 bathrooms, an oversized 3.5 car garage, patios for outside entertaining and plenty of space for storage. Features include beamed ceilings, Porcelain tile flooring, real stone accents throughout, ''Milgard'' clerestory windows, power blinds, two fireplaces, premium built-in appliances and Wine Cellar. Mountain modern finishes throughout the home add a touch of contemporary elegance, while every window strategically captures a picturesque view. Professional landscaping in front & back with drip systems.

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8513 E Belgian Trail Scottsdale, AZ 85258

Open House

$2,249,000

4 Beds

2.5 Baths

3,079 SqFt

Status Active

MLS # 6760712

Property Type Single Family Residence

Price Type --

Step into this stunning McCormick Ranch home, located in the desirable Arabian Trail Loop of Paradise Park Trails. Nestled on a quiet cul-de-sac with greenbelt access, this Scottsdale gem offers privacy and convenience, just minutes from shopping and dining. Renovated in 2024, it features a brand-new roof, two HVAC systems, ductwork, windows, doors, and engineered wood floors. The kitchen boasts high-end appliances, including double dishwashers, a 36'' electric cooktop, and 33'' all freezer/refrigerator. With 4 spacious bedrooms, a flex room, den/office, full-size laundry, oversized 2-car garage, and a resort-style backyard with pool and travertine patio. This home offers luxurious living in the 3 C's school district.

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3765 E Palm Street Mesa, AZ 85215

$2,245,000

6 Beds

4.5 Baths

5,454 SqFt

Status Active

MLS # 6782523

Property Type Single Family Residence

Price Type --

Don't miss 3D walkthrough and fly through video links! Rare custom home on almost one acre with RV garage, sparkling pool and flood irrigation! 6 bedrooms, 4.5 baths, and parking for 4 cars plus RV garage! New HVAC units and roof in 2023! Extended pavered patio area next to pool, pool fence, above ground spa, sunscreens, and soft water system in 2022. Master suite features large bedroom area with walkout to back patio, coffered ceilings, engineered wood floors and space for sitting area. Separate tub and shower and two closets! Beautiful kitchen with double stacked white cabinets with glass doors, wall oven, cook top and quartz counter top at island. Two large secondary bedrooms on same side of home as master that share jack and jill bathroom. Two more bedrooms on other side of home that also share jack and jill bathroom. Dedicated office with built-ins. Formal living and family rooms with an addition that includes large bonus/game room, and second master bedroom with full bath and separate tub/shower and RV garage. Bonus area opens up to pool and has wet bar with mini fridge and full upper and lower cabinets. Huge laundry with lots of counters that can also be used as craft room. RV garage is almost 34' deep, almost 23' wide. 4 car garage is 26' feet deep. Lots of covered patio area for entertaining and huge irrigated grassy backyard!

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21413 W Glen Street Buckeye, AZ 85396

$2,227,300

4 Beds

3 Baths

4,204 SqFt

Status Active

MLS # 6641942

Property Type Single Family Residence

Price Type --

Designed, approved and ready to be built New VIP Custom Home! VIP has built thousands of quality energy efficient custom homes across the valley and several in Verrado. Click on the documents tab to see this beautiful layout. Selections have been made but buyer able to make some changes. Buyer can visit design center to see all selections.

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6515 N 31st Way Phoenix, AZ 85016

$2,225,000

3 Beds

3.5 Baths

3,315 SqFt

Status Active

MLS # 6769804

Property Type Single Family Residence

Price Type --

Stunning views of Camelback Mountain and the Phoenix Mountain Preserve from one of the best lots at Biltmore Hillside Villas. This is a rare opportunity to enjoy privacy & nature from a beautifully maintained lock 'n leave home backing to natural desert that will never be developed. The light-filled floor plan takes advantage of this perch from almost every room including the den/study where you can see Downtown Phoenix city lights. Extra touches include vaulted ceilings, stone flooring, clerestory windows & beautiful built-in cabinetry. This coveted guard-gated community offers sophisticated architecture, a central location & walking distance to shops, restaurants & hiking trails. Biltmore Fashion Park, the Camelback Corridor & the 51 Freeway to Downtown are all just a short drive away.

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4131 E Roma Avenue Phoenix, AZ 85018

$2,219,000

5 Beds

4.5 Baths

3,727 SqFt

Status Active

MLS # 6744606

Property Type Single Family Residence

Price Type --

An address that gets you into Hopi Elementary, plus timeless, contemporary design that features generous-sized bedrooms, high ceilings and large windows that let in gorgeous natural light. This property features a great floor plan: on the main floor you'll find the owner's suite (complete with stackable W/D in the closet), an open concept living area, beautiful kitchen, plus another en-suite bedroom and powder bath. Upstairs, you'll love the vaulted ceiling and breathtaking views of Camelback and the Phoenix Mtn Preserve. The second level features a large bonus room, three bedrooms, a powder bath, laundry room and generous patio - perfect to sit outside and savor the scenery. A heated pool and low-maintenance yard means more time to enjoy nearby Kachina Park and popular Arcadia hot spots.

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86 Linda Vista -- Sedona, AZ 86336

$2,200,000

4 Beds

4 Baths

4,634 SqFt

Status Active

MLS # 6767898

Property Type Single Family Residence

Price Type --

This 4,364 sq. ft. home in the gated Foothills S subdivision sits on .47 acres offering Thunder Mountain Red Rock VIEWS and NEW SOLAR & HVAC! The GREAT ROOM features NEWER wood floors, cedar wood ceilings, a stone gas fireplace, and floor-to-ceiling windows flooding the space with natural light. The chef's kitchen boasts NEW quartz countertops, a gas Viking cooktop, Wolfe double ovens, a Sub-Zero refrigerator, and a Wolfe microwave. The main level offers a luxurious master suite with a sitting room, gas fireplace, private deck, and a stunningly remodeled bathroom. Oversized 2-car garage + Tesla charger. Expansive deck with a fireplace for entertaining. The lower level features a home theater, gym, 2 guest bedrooms, and 2 baths plus 2 bonus rooms not added in sqft! SIMPLY STUNNING! Property Highlights: - Panoramic Views of Thunder Mountain and Red Rock from every corner of the home - Recent Remodels include new wood floors, quartz countertops, and top-of-the-line appliances - .47 Acres of private, serene land Close to Sedona's Best Attractions and amenities - Spacious Great Room with new wood floors, cedar wood ceilings, and a stunning stone gas fireplace - Commercial-Grade Open Kitchen with new quartz countertops, a gas Viking cooktop, new Wolfe double ovens, a new Sub-Zero refrigerator, and a new Wolfe microwave - Eat-in Kitchen with a bar counter for informal dining - Primary Suite with a separate sitting room, gas fireplace, and private deck off primary bedroom - Powder Room with quartz countertops - Oversized 2-Car Garage - Massive Outdoor Deck with a fireplace for entertaining and BBQs - Lower Level features 2 additional bedrooms, a flex room, 2 bathrooms, and a theater room - Desirable Gated Community in West Sedona Buyer Appeal - Ideal for Buyers seeking an open, spacious, entertaining home in a desirable location - Panoramic VIEWS and high-end finishes make this property stand out - Gated Community provides added security and privacy

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