Offer Review
2639 Fairlawn Dr, Stillwater, MN
Prepared by Matt Van Voorhis - The Hockey REALTORĀ®
Evaluation Framework
How to Evaluate an Offer the Right Way
Price gets all the headlines — but the strongest offer isn't always the highest number. A great offer is one that actually closes, on your timeline, with minimal surprises along the way. Here are the four pillars we'll use to assess every offer on the table.
Price
The offer amount and how it compares to list price and market value.
Terms
Contingencies, concessions, and clauses that affect your net and your flexibility.
Risk
How likely is this offer to close? Financing strength and contingencies tell the story.
Flexibility
Does the timeline work for you? Closing date and possession terms can make or break a deal.
Side-by-Side Comparison
Offer Comparison at a Glance
Use this table to quickly compare all offers across the key categories that matter most to you as the seller. We'll go deeper on each one in the following sections.
Side-by-Side Comparison
Offer Comparison at a Glance Continued
Use this table to quickly compare all offers across the key categories that matter most to you as the seller. We'll go deeper on each one in the following sections.
Offer 1
Offer #1 — Deep Dive
Purchase Price
$410,000

Financing Type
Conventional
Down Payment
10% — $41,000
Earnest Money
$3,000— due within 2 business days
Terms Breakdown
Inspection
5 Day Inspection Contingency
Appraisal
Contingent on appraisal
Financing
Pre-approved by Cross Country Mortgage. The buyer's are pre-approved to put 20% down.
Timeline
Closing: 5/29/2026 — Possession: Immediately after closing.
Offer 1
āœ… Pros
  • Strong conventional financing with 10% down.
  • Flexible closing date aligns with your timeline.
  • Written statement date is 2 weeks prior to closing.
āš ļø Considerations
  • 5 day Inspection contingency.
  • Low earnest money at $3,000. Typical is 1% of the purchase price.
  • Written statement money refunded to buyer if the buyer is unable to close.
Offer 2
Offer #2 — Deep Dive
Purchase Price
$410,000

Financing Type
Conventional
Down Payment
3% — $12,300
Earnest Money
$7,000 — due within 2 business days
Terms Breakdown
Inspection
7 day contingency. Per the contract on line 194 seller will ensure that all attic access points are accessible, with seals broken, prior to the home inspection (not uncommon to ask).
Appraisal
Contingent on appraisal.
Financing
Pre-approved by Magnolia Bank. They are fully pre-approved.
Timeline
Closing: 5/29/2026 — Possession: Immediately after closing.
āœ… Pros
  • Above asking offer price.
  • Closing date aligns with your timeline
  • Very strong earnest money.
  • Written statement date is 2 weeks prior to closing.
āš ļø Considerations
  • Lower down payment on their financing.
  • Written statement money refunded to buyer if the buyer is unable to close.
  • Home sale contingency. The home is in the pending status and set to close on 4/22/2026.
  • Longer inspection contingency.
Offer 3
Offer #3 — Deep Dive
Purchase Price
$400,000

Financing Type
Conventional
Down Payment
5% — $20,000
Earnest Money
$4,000— due within 2 business days
Terms Breakdown
Inspection
10 Day inspection contingency
Appraisal
Contingent on appraisal
Financing
Buyer has not provided the pre-approval letter yet so unsure about their qualifications. They are asking for 3% seller paid closing costs ($12,000).
Timeline
Closing: 5/27/2026 — Possession: Immediately after closing.
āœ… Pros
  • Asking price.
  • Decent down payment.
  • 1% Earnest money.
  • Closing aligns with your timeline.
āš ļø Considerations
  • Long inspection contingency.
  • Written statement money refunded to the buyer if the buyer is unable to close.
  • Written statement date so close to closing date.
  • Pre-approval letter has not been provided yet.
  • 3% seller paid closing costs ($12,000). Buyer may not have a lot of funds to work with.
Offer 4
Offer #4 — Deep Dive
Purchase Price
$410,000

Financing Type
Conventional
Down Payment
20% — $82,000
Earnest Money
$5,000— due within 2 business days
Terms Breakdown
Inspection
7 day contingency
Appraisal
Contingent on appraisal
Financing
Fully underwritten pre-approval by Tradition Mortgage.
Timeline
Closing: 5/29/2026 — Possession: Immediately after closing
āœ… Pros
  • strong lender and pre-approval.
  • 20% down is great. They are well financed.
  • No home sale contingency.
  • Closing aligns with your timeline.
āš ļø Considerations
  • Longer inspection contingency
  • Written statement earnest money refunded to buyer.
Offer 5
Offer #5 — Deep Dive
Purchase Price
$399,990

Financing Type
Conventional
Down Payment
10% — $39,999
Earnest Money
$4,000— due within 2 business days
Terms Breakdown
Inspection
4 day contingency.
Appraisal
Contingent on appraisal
Financing
Full pre-approval through Guaranteed Rate. Credit, income, and assets verified.
Timeline
Closing: Seller's choice. Possession immediately after closing
āœ… Pros
  • Clean terms.
  • No home sale contingency.
  • short 4 day inspection contingency.
  • Pre-approved by a quality lender.
  • Good downpayment.
āš ļø Considerations
  • Lower purchase price compared to other offers.
  • $13,000 in seller paid closing costs.
Offer 6
Offer #6 — Deep Dive
Purchase Price
$450,000

Financing Type
Conventional
Down Payment
30% — $135,000
Earnest Money
$4,500 — due within 2 business days
Terms Breakdown
Inspection
They did not write how many days. However, the purchase is not contingent on the inspection.
Appraisal
Full appraisal gap guarantee.
Financing
Fully Pre-approved through City Wide Home Mortgage.
Timeline
Closing: 5/27/2026— Possession: Immediately after closing.
āœ… Pros
  • High purchase price.
  • Full appraisal guarantee.
  • Not contingent on inspection, however they are still going to conduct one.
  • Meets your closing timeline.
  • Strong financing.
āš ļø Considerations
  • N/A

Offer 7
Offer #7 — Deep Dive
Purchase Price
$420,000

Financing Type
Conventional
Down Payment
7% — $29,400
Earnest Money
$5,000 — due within 2 business days
Terms Breakdown
Inspection
Waived
Appraisal
Contingent on appraisal
Financing
Fully Pre-approved through Granite Bank. Assets, credit and income verified
Timeline
Closing: on or before 6/5/2026 — Possession: Immediately after closing.
āœ… Pros
  • Strong offer price.
  • Waived Inspection
āš ļø Considerations
  • No appraisal coverage.
Offer 8
Offer #8 — Deep Dive
Purchase Price
$430,000

Financing Type
Conventional
Down Payment
3% — $12,900
Earnest Money
$10,000— due within 2 business days
Terms Breakdown
Inspection
12 Days
Appraisal
Contingent on appraisal
Financing
Fully approved through Bell Bank.
Timeline
Closing: 6/2/2026 — Possession: Immediately after closing
āœ… Pros
  • Good offer price
  • Strong earnest money
  • Bell Bank is a highly reputable lender
āš ļø Considerations
  • Long inspection contingency
  • Low down payment
Offer 9
Offer #9 — Deep Dive
Purchase Price
$410,000

Financing Type
Conventional
Down Payment
20% — $82,000
Earnest Money
$5,000 — due within 2 business days
Terms Breakdown
Inspection
7 Days
Appraisal
Contingent on appraisal
Financing
First State Bank
Timeline
Closing: 5/28/2026 — Possession: Immediately after closing
āœ… Pros
  • Strong financing
āš ļø Considerations

Offer 10
Offer #10 — Deep Dive
Purchase Price
$395,000

Financing Type
Conventional
Down Payment
20% — $79,000
Earnest Money
$10,000 — due within 2 business days
Terms Breakdown
Inspection
Waived
Appraisal
Contingent on appraisal
Financing
Approved through Better Mortgage
Timeline
Closing: 5/1/2026 — Possession: Immediately after closing.
āœ… Pros

āš ļø Considerations
Offer 11
Offer #11 — Deep Dive
Purchase Price
$420,000

Financing Type
FHA
Down Payment
3.5% — $14,700
Earnest Money
$4,200 — due within 2 business days
Terms Breakdown
Inspection
6 Days
Appraisal
Contingent on appraisal
Financing
Pre-approved with Luminate Bank.
Timeline
Closing: 5/28/2026 — Possession: Immediately
āœ… Pros

āš ļø Considerations
Offer 12
Offer #12 — Deep Dive
Purchase Price
$412,000

Financing Type
Conventional
Down Payment
20% — $82,400
Earnest Money
$5,000 — due within 2 business days
Terms Breakdown
Inspection
7 Days
Appraisal
Contingent on appraisal
Financing
Pre-approved through Wells Fargo.
Timeline
Closing: 5/29/2026 — Possession: Immediately
āœ… Pros

āš ļø Considerations
Net Sheet Snapshot
What You Actually Walk Away With
Purchase price is the headline — but your estimated net proceeds tell the real story. After accounting for commission, seller-paid costs, closing fees, and any concessions, here's how each offer stacks up in your po