Confidential — Seller Review Document

Offer Review

Offer Received

June 1, 2026

Property

305 Tarpon Point

Seller

Frank Sabella & Laura Sabella

Listing Agent

Matt Vigh

Buyer

Lauren Valentino

Buyer's Agent

Michelle Dinsmore

Brokerage

Keller Williams Realty

Executive Summary

A purchase offer has been submitted by Lauren Valentino for the purchase of Unit 305 at Tarpon Point.

The buyer has reviewed the disclosures provided to date and has submitted an offer based on her assessment of current condominium market conditions.

According to the buyer's agent, the buyer is motivated, has been renting for several years since relocating to Florida, and is seeking to establish permanent residency in the Tarpon Springs area.

The offer is accompanied by a mortgage pre-approval letter and includes conventional financing.

Offer Terms Summary

Purchase Price$120,000
Financing Type
Conventional Financing
Loan-to-Value
80%
Down Payment
20%
Loan Amount
$96,000
Earnest Money Deposit
2% of Purchase Price

Estimated Deposit: $2,400

Inspection Period
10 Days
Proposed Closing Date
June 30, 2026
Buyer Broker Compensation Requested
2.5% of Purchase Price

Estimated Compensation: $3,000

Buyer Financing Review

Financing Strength Assessment

Lender

Guaranteed Rate

Loan Officer

Clay Higgins

Loan Type

Conventional Fixed Rate Mortgage

Loan Amount Approved

$96,000

Purchase Price Approved

$120,000

Down Payment

20%

Pre-Approval Status

Buyer has provided a lender-issued mortgage pre-approval letter.

Observations

  • Conventional financing generally presents fewer financing restrictions than government-backed loan programs.
  • Buyer is bringing a 20% down payment.
  • Buyer has provided evidence of lender review and preliminary qualification.
  • Final approval remains subject to underwriting, appraisal, insurance, and lender requirements.

Buyer Agent Comments

The buyer's agent indicated that:

  • The buyer recognizes the property's location and overall value.
  • The offer reflects the buyer's assessment of current condominium market conditions.
  • The buyer considered current insurance costs, reserve requirements, structural review requirements, storm-related concerns, and potential future assessments when determining value.
  • The buyer is seeking a path to successful contract negotiations and closing.

Estimated Seller Net Summary

Purchase Price$120,000
Less Listing Brokerage Commission (2.5%)($3,000)
Less Buyer Broker Compensation (2.5%)($3,000)
Total Real Estate Commission (5%)($6,000)
Estimated Gross Proceeds Before Other Seller Costs$114,000

Note

This estimate does not include:

  • Documentary stamp taxes
  • Title fees
  • HOA estoppel fees
  • Prorations
  • Any negotiated credits or repairs
  • Other customary seller closing expenses

Final seller proceeds would be determined by the settlement statement prepared prior to closing.

Contract Timeline

1

Offer Submitted

June 1, 2026

2

Inspection Period

10 Days Following Effective Date

3

Financing Process

Conventional Mortgage Approval

4

Proposed Closing

June 30, 2026

Risk & Consideration Review

Financing Risk

Moderate

Buyer is financing the purchase through a conventional mortgage lender. Final approval remains contingent upon underwriting review and property appraisal.

Inspection Risk

Moderate

Buyer requests a 10-day inspection period during which inspections and evaluations may be conducted.

Appraisal Risk

Moderate

Because financing is involved, lender appraisal approval will be required.

Market Position

Moderate

Buyer's offer reflects current condominium market conditions as described by the buyer's representative.

Buyer Preparedness

Positive Indicators
  • Mortgage pre-approval provided
  • Conventional financing
  • Defined closing timeline
  • Earnest money deposit included
  • Buyer has reviewed available disclosures

Documents Provided with Offer

✓Buyer Pre-Approval Letter
✓Buyer Broker Compensation Agreement Request
✓Flood Disclosure Acknowledgement
✓Seller Property Disclosure Acknowledgement
✓Proposed Purchase Contract

Listing Agent Notes

Topics for Review

Purchase Price

Closing Timeline

Financing Terms

Inspection Period

Compensation Agreement

Potential Counteroffer Considerations

Market Positioning & Additional Notes

Seller Review Discussion

For Seller Review — Confidential

This page is intended to summarize the terms presented by the buyer and assist in reviewing the offer. No recommendation is being made regarding acceptance, rejection, or counteroffer. Final decisions should be based upon the sellers' objectives, timing, financial goals, and overall comfort with the proposed terms.

Listing Agent

Matt Vigh

Property

305 Tarpon Point

Offer Date

June 1, 2026

View Contract DocumentsSellers Estimated Net

This document is prepared for the exclusive use of Frank Sabella & Laura Sabella and is intended solely for the purpose of offer review and seller discussion.