Message from the BUYER to the SELLERS:
"Once we decided to buy a home we started looking at houses. As you can imagine we looked at lots of properties. However, for us, your home stood out for two main reasons. One is the yard. We liked the front and backyard. We have two little "fur babies," less than nine pounds total, who will truly enjoy exploring the backyard. Also, the "new lady of the house" really loves flowers and plants so this is great for her. But the main reason is your home left us feeling the house had been LOVED. That is what we want for us and our new home. We wish the best going forward for all of us." Thank you kindly, William D. Dolan, my Fiance, and 2 Fur Babies
BCO1 = $1,325,000
+ Closing Cost for Buyers $15,000
Full Offer - SCO1 & RPA FE
OFFER TERMS:
Purchase Price: $1,300,000
Escrow Period: 25
Loan Contingency: 14
Appraisal: 14
Inspection Contingency: 12 Days
Concessions: Home Waranty, and Termite Clearance 1
CMA - Comparative Market Analysis
CMA Search = 1 Mile Radius, Last 18 Months, 20% +/- SF
Best Comps:
1) 2907 Arreos San Clemente, CA 92673
$1,390,000
SOLD 2/8/24
3 Beds 2.00 Baths Year Built 1985
MLS #OC24002000
1,364 Sq. Ft. ($1,019 / sqft) Days on market: 10
+ Much better Kicthen
+ Open Concept
+ Better Bathrooms
- only 3 Bedrooms (Less SF)
2) 2894 Riachuelo San Clemente, CA 92673
$1,360,000
S O L D 8/28/23
4 Beds 3.00 Baths Year Built 1987
MLS #OC23111460
2,202 Sq. Ft. ($618 / sqft) Days on market: 34
+ Nicer Kitchen
+ Better Views
+ Better Bathrooms
- Two stories not One (only downfall)
3) 1203 Cerca San Clemente, CA 92673
$1,280,000
S O L D 9/14/23
4 Beds 2.00 Baths Year Built 1987
MLS #OC23113162
1,706 Sq. Ft. ($750 / sqft) Days on market: 59
+ Better Bathrooms
- Not as great Backyard
4) 2921 Arreos San Clemente, CA 92673
$1,442,500
SOLD 11/15/23
3 Beds 2.00 Baths Year Built 1985
MLS #OC23188397
1,877 Sq. Ft. ($769 / sqft) Days on market: 10
+ Much Superior Home in Quality and Upgrades
-Smaller SF and 1 bedroom
+ Better Flooring, Layout, Front Door, Kitchen, Bathrooms
+ Better Backyard living or Similar
COMPS Spreadsheet
PRE APPROVAL
Fully UnderWritten Loan - VA = $1,350,000
LENDER = John Riley
Mortgage Loan Originator
NMLS# 197503
Email: JRiley@premiermtg.com
Phone:561-886-0300 • Fax:561-886-0301 •
Mobile:619-250-5786
SPBB = 3% Buyer Agent
SCO = 2.5%
3% Counted Down to 2.5% OK
I cannot reduce less than 2.5%
BBA = 3%
Only Asking 2.5% From Seller - Only Covered by Seller
Proof of FUNDS
From UBS = $500k
