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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Sort by: Select Price, Low to High Price, High to Low Newer Listings First Older Listings First Open House Date

4021 W Blackhawk Drive Glendale, AZ 85308

$514,900

3 Beds

2.5 Baths

2,235 SqFt

Status Active

MLS # 6682598

Property Type Single Family Residence

Price Type --

Desirable & Great Location - Arroyo Springs Neighborhood - Open Concept Layout - 3 Bedrooms 2.5 Bathrooms - Primary Bedroom, Bathroom & Large Walk In Closet Located Downstairs - Hardwood Floors & Ceramic Tile Thru-Out - Large Formal Dining & Living Room - Modern Kitchen w/ Newer Cabinets & Appliances, Breakfast Bar, Granite Countertops, Eat In Kitchen Area & Open to Family Room - Upstairs 2 Bedrooms w/ Walk In Closets & Large Open Loft Area - Large Backyard Great for Entertaining w/ Pool, Covered Patio, Grass Area, Palm & Citrus Trees.

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6851 S 27th Street Phoenix, AZ 85042

$514,900

4 Beds

2 Baths

1,869 SqFt

Status Active

MLS # 6613819

Property Type Single Family Residence

Price Type --

Beautiful Updated home in an awesome golf course gated community. This impressive home sits on a premium cul de sac corner lot. This home is finished with tasteful modern tile, cabinets, counters, etc. Highly sought after floorplan make this home very spacious . There is plenty of natural lighting and positive energy in this happy house . Some of the items to boast is a huge organized walk-in closet, surround sound speakers, maple custom cabinets. The backyard is large with plenty of room to entertain, garden, and play ! Garage boasts built in cabinetry with epoxy floors. The community has lots of walking trails and golf course views. There are tons of stores, dining options, restaurants nearby. It is a close drive to downtown, airport, freeways, hiking trails and so much more!

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19777 N 76th Street Scottsdale, AZ 85255

Open House

$514,900

2 Beds

2.5 Baths

1,402 SqFt

Status Active

MLS # 6690047

Property Type Apartment

Price Type --

This extremely rare 2 bedroom, 2.5 bathroom floor-plan at Venu at Grayhawk, offers direct entry from the attached 2 car garage. The main floor features a generous living/dining space with plenty of natural light and a modern kitchen with upgraded cabinetry, stainless steel appliances and gorgeous granite counter tops. The gas cook-top, walk-in pantry and glass tile back-splash add to its appeal. The lower level also offers diagonally laid travertine tile floors, a gas fireplace and the convenience of a 1/2 bathroom. The large wrap-around patio is a natural extension of the interior living space, with North, East and West exposures. Both upstairs bedrooms are spacious, the primary with its own patio. Each of the upstairs bathrooms feature sleek cabinetry and modern fittings and fixtures. The location within the community is extremely private and quiet, away from road or pool noise. Venu at Grayhawk offers a fantastic array of amenities and the opportunity to utilize those of its neighboring community, Edge at Grayhawk. Multiple pools, fire features, fitness centers and game rooms... plenty of entertainment without leaving the gated oasis. When wanting to venture out, there is easy access to world class shopping, entertainment and dining options. Golf? There are top-notch courses all over the surrounding area.

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14752 W Buttonwood Drive Sun City West, AZ 85375

$514,888

3 Beds

2 Baths

2,550 SqFt

Status Active

MLS # 6560033

Property Type Single Family Residence

Price Type --

BRAND NEW ROOF 2024, DEC 2023 NEW INSULATED GARAGE DOOR, 2021 NEW HVAC & WATER HEATER. LOW TAXES & NO HOA. This home is delightful, well appointed on the perfect corner lot. Walking up to this home with lush well landscaped yard invites you to the double door entry. Upon entry you'll be welcomed by large living & dining area with grand vaulted ceiling. This popular split floor plan provides the perfect space. The Master Suite is large plenty of space for a sitting area with it's own private garden courtyard to enjoy. Master bathroom with walk-in closet, double sink, natural lighting with sky light. This home is beaming with natural light throughout including in the secondary living area and kitchen. The kitchen nook is perfect over looking the backyard beauty & garden. Kitchen spacious, wall oven , microwave, backsplash. The white on white decor is simple fresh and very inviting. To the west of the house you have the secondary bedroom with large walk in closet & Den which you could utilize as a 3rd bedroom. In-between both you have a very spacious bathroom. This home truly feels like home, it's colors, charm, aesthetics, and plan from the front to everything definitely feel like home. We welcome you to the Beauty on Buttonwood!!!

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40911 N Prestancia Drive Anthem, AZ 85086

Open House

$514,850

3 Beds

2 Baths

1,616 SqFt

Status Active

MLS # 6622808

Property Type Single Family Residence

Price Type --

Welcome to 40911 N Prestancia Dr, Anthem, AZ 85086, located in the prestigious Anthem Country Club. This home offers a range of desirable features and is situated in an exclusive location, makes this home all your own with some new flooring and paint!! All at an incredibly competitive price. Upon entering, you'll immediately notice the attention to detail and meticulous maintenance this home has received. The interior boasts numerous upgrades and a thoughtfully designed layout, making it both functional and visually appealing. With all-new exterior paint, this home exudes a fresh and inviting atmosphere. The kitchen is truly a highlight, featuring cherry cabinets and stunning granite countertops. It offers ample space for preparing meals and entertaining guests. MORE Whether you're an aspiring chef or enjoy cooking for loved ones, this kitchen will exceed your expectations. The great room concept creates a spacious and open living area, ensuring there is no wasted space. The large living areas provide flexibility for arranging furniture and accommodating various activities. The tile flooring throughout the home adds a touch of warmth with its neutral tones, complementing any décor. The master bedroom is generously sized and includes a large walk-in closet, offering plenty of storage for your personal belongings. This retreat provides a tranquil space to unwind and recharge after a long day. Exuding curb appeal, the front elevation of the home is impressive and beautifully landscaped. The surrounding area is exceptionally peaceful, providing a serene setting to enjoy your surroundings. Living in Anthem Country Club allows you access to a wide array of unique amenities. Whether you're a golf enthusiast, tennis player, or simply enjoy an active lifestyle, this community has something for everyone. Take advantage of the clubhouse, fitness center, pools, parks, and other recreational facilities, all within close proximity to your new home. In addition to its outstanding location and amenities, this property has been upgraded with a new reverse osmosis system, new water softener, new microwave, new refrigerator, and a brand-new AC installed in 2022. These upgrades further enhance the value and convenience of this already exceptional home. Don't miss the opportunity to own this well-maintained residence in Anthem Country Club. With its attractive design, desirable features, and access to exclusive amenities, this property represents an incredible value. Schedule a showing today and experience the charm and elegance of 40911 N Prestancia Dr.

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1750 S Torreon Lakes Drive Show Low, AZ 85901

$514,450

3 Beds

2 Baths

1,490 SqFt

Status Active

MLS # 6684599

Property Type Single Family Residence

Price Type --

BRAND NEW HOME TO BE BUILT. This virtual listing is an example of what we can build just for you. Let's build you this beautiful custom home with standard features like: stainless steel appliances, granite counters, vinyl plank flooring, soaring vaulted ceilings in the great room, low maintenance exterior with LP Smart Siding and Trex deck, covered front and back decks, etc. Open, split floor plan with 3 bedrooms and 2 bathrooms. Buyer to select exterior and interior finishes. Some modifications will be made to the floor plan to accommodate Torreon HOA Design Guidelines. To be built with the buyer's cash or construction loan. Estimated build time is 12 months from permits. Enjoy your very own home in the beautiful community of Torreon with amenities galore.

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1281 W Falls Canyon Drive Casa Grande, AZ 85122

$514,000

5 Beds

4 Baths

3,857 SqFt

Status Active

MLS # 6690273

Property Type Single Family Residence

Price Type --

Wonderful family home featuring 5 bedrooms, 4 bathrooms, large loft area and sparkling soft water pool including brand new salt water generator! This home has plenty of garage space with a tandem of 4-car garage and built-in cabinets, 240 electrical with sub panel, new garage service door, new AC and water heater as well! Huge primary suite with custom tile shower and walk-in closet. This beautiful home has no neighbors behind so you can enjoy the mountain and city light views everyday!

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18018 N 135th Avenue Sun City West, AZ 85375

New

$514,000

2 Beds

2 Baths

2,424 SqFt

Status Active

MLS # 6693018

Property Type Single Family Residence

Price Type --

Welcome to a backyard Oasis with a Beautiful sparkling Pool. The backyard is plenty green with many fruit trees to choose from. The 2 Large split bedrooms give complete privacy for other family members or guests and both bedrooms offer a large walk-in closet. The Living Room is also separated from a Large extended Family Room for plenty of room to entertain or simply sit back and relax. The Kitchen has an abundance of cabinets as well as in the laundry room with a granite countertop and a new refrigerator to see. Solar is leased. See Doc tab for info on Solar. Home is furnished and all furniture can be purchased outside of escrow. So much to enjoy here. This home is also available for lease.

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9455 E Purdue Avenue Scottsdale, AZ 85258

$514,000

2 Beds

2 Baths

1,496 SqFt

Status Active

MLS # 6679853

Property Type Apartment

Price Type --

Stop by and check out this charming and well appointed 2 bedroom + den/bonus room, 2 bath, 1496 square foot ground level condo in Scottsdale's sought after Starfire at the Villages community! Primary suite with sliding door access to the covered patio, ensuite bath with dual sinks, granite countertops and a walk in closet! Kitchen boasts granite countertops, stainless steel appliances, a breakfast nook and lots of cabinet space! Spacious family room with sliding glass doors to the patio, ceiling fan and fireplace too! Reserved covered parking, community pool/spa, tennis, hiking/biking trails and a fantastic Scottsdale location just minutes from the Loop 101, Old Town, the Shea corridor, spring training, shopping and more!

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15989 N 74th Lane Peoria, AZ 85382

$514,000

3 Beds

2.5 Baths

1,975 SqFt

Status Active

MLS # 6685842

Property Type Single Family Residence

Price Type --

Location...Northwest Corridor just min from Arrowhead Mall & 101. This Awesome home is now available located at Bella Brisa at 75th Ave and Bell Rd. The 3 bedrooms, 2.5 baths and bonus/flex room that offers the ability to work from home or workout room. Beautifully, finished kitchen with extended counter including gas range for the chef in you. The Primary room is oversized with beautiful bath and walk-in closet. The laundry room includes tall built-in custom cabinets. The backyard includes synthetic grass easy maintenaince. ome check out your new home! This community, located in North Peoria! Easy access to bike/running trails, hundreds of restaurants, shopping, ballpark, and entertainment. ALL just minutes away!

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12336 W Pinnacle Vista Drive Peoria, AZ 85383

$513,900

2 Beds

2 Baths

1,635 SqFt

Status Active

MLS # 6632392

Property Type Single Family Residence

Price Type --

Beautiful Shea Home with open floorplan and lots of windows/natural light. Very private location in one of the original sections of Trilogy. North/South exposure. Entertain in the beautiful North-facing backyard or use the South-facing courtyard in front. Both are covered but allow for beautiful desert landscape views. Owner has recently updated cabinets to lighten and brighten spaces throughout the home. Fantastic floorplan with a generously sized kitchen with plenty of cabinets, storage, and an island. Granite counters compliment the stainless steel appliances. Two bedrooms have plenty of room and closet space. A Den with double doors makes a great office, bonus room or third sleeping area. Owners suite has a walk in closet and sliding doors to backyard patio. Other features include: Tankless water heater, water filtration system, fenced backyard, blinds, ceiling fans, newer air conditioner, built in BBQ, fruit trees, and plenty of shade on both the patio and under the front court yard pergola. This home is move in ready!

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5313 W Notch Hill Road Laveen, AZ 85339

$513,875

4 Beds

3 Baths

2,146 SqFt

Status Active

MLS # 6655298

Property Type Single Family Residence

Price Type --

Up to 3% of total purchase price towards closing costs incentive offer. Additional eligibility and limited time restrictions apply. MLS#6655298 REPRESENTATIVE PHOTOS ADDED. April Completion! THe Sterling at Tierra Montana Encore. This expansive one-story residence starts with a charming front porch entry. The foyer welcomes guests with its bright and airy ambiance, and just steps away is a spacious guest bedroom adorned with large windows and a nearby full bathroom. Moving beyond the foyer, you'll be delighted by the open-concept kitchen, showcasing 42'' upper cabinetry, quartz countertops, an island, and a dining room that seamlessly flows into the great room, offering a stunning view of the covered patio. Two secondary bedrooms share a bath conveniently located across the hall from the dining area. The owner's suite is tucked in the back of the home, just across the hall from the convenient laundry room. Within walking distance to K-8 school. Tierra Montana is nestled near South Mountain and the Estrella Mountains with close proximity to Loop 202.

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