350 Arcwood Rd, Mahtomedi, MN

Presented by Matt Van Voorhis

Zillow Listing

How to Read This Dashboard

No real estate jargon. Here's exactly what each column means — in plain English.

💰 Price

What the buyer is offering to pay for your home.

🧾 Terms

The conditions attached — these define your risk and flexibility.

🏦 Financing

How the buyer is paying — this determines how likely the deal is to close.

🔍 Contingencies

Exit clauses the buyer can use to back out or renegotiate.

Offer Comparison Table

Net Proceeds by Offer

See how each offer stacks up where it matters most — your bottom line

Offer #1

Offer #1 — Breakdown

Offer Details

Price: $555,000

Net to Seller: $293,115

Financing: Cash

Down Payment: 100%

Earnest Money: $6,000

Inspection: 8 Days

Closing Date: 7/14/2026

Seller Paid Closing Costs: $0

Buyer Agent Commission: 2.7%

Notes

-The agent noted that the proof of funds letter only states $500,000. He has indicated to me that he has done business with the family before and it sounds like they are well funded. We will need to get proof of that from them.

Agent Insight

-Overall it is a well written offer and the agent has presented it very professionally. The agent did about $4.6 million in volume last year, but has had years where he has down over $10 million.

-I would like to see a shorter inspection contingency, but I do believe that is something we could negotiate down to a tighter timeline. She is not contingent on the sale of another property which is great as well.

Offer #2

Offer #2 — Breakdown

Offer Details

Price: $560,000

Net to Seller: $302,820

Financing: Conventional

Down Payment: 20%

Earnest Money: $10,000

Inspection: Waived

Closing Date: 7/6/2026

Seller Paid Closing Costs: $0

Written Statement: 7/2/2026

Buyer Agent Commission: 2.7%

Other:

-The buyer has agreed to cover any appraisal difference of up to $20,000.

-The buyer has included an escalation clause in their offer. They have agreed to offer $5,000 higher than the highest offer up to $580,000.

Notes

-Pre-approved through Bell Bank. The loan officer believes they have a chance at a waiver that the buyer is good with using if that is the case. Obviously no guarantee that they will be able to obtain it.

Agent Insight

-The buyer's really like the home and were blown away by it when they came through the open house.

-The terms they have provided are very solid. This is well written and great terms for the seller.