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Escrows updated Jun 8
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Addendum Thread

  1. Jun 5contracts
    Addendum sentInspection Addendum Response - 18006 Memorial Estates Dr Spring TX 77379▸ expand

    Hello, see attached Inspection Addendum as per the Cash+ Agreement. We have

    Hello, see attached Inspection Addendum as per the Cash+ Agreement. We have also updated the Zoodealio Platform with the proposed options, along with attaching a PDF breakdown of the numbers that you can share with the seller. Link to Platform: expressoffers.zoodealio.com?… Inspection report link: app.inspectify.com/orders/GeVquFdAnGXiMfjwhWTD4Woa/reports?… The buyer has given the seller 2 option(s). 1. Purchase price to remain the same with a 25% reserve. Seller to provide the Buyer with a $30,000 credit in lieu of repairs to remodel the home. See bid. 2. Purchase price to remain the same with a 22% reserve. Seller to provide the Buyer with a $69,900 credit in lieu of repairs to remodel the home. See bid. After you have discussed it with the seller, let us know what route they would like to travel. You would have the seller respond on page 2. Let me know if you have any questions. Thanks, Ethan *Ethan Galano - Property Project ManagerContracts Team*Trade In Holdings, LLC a: 1760 E Pecos Rd #501 Gilbert AZ 85295 *p:* (480) 536-7225 ext. 838
  2. Jun 8ellen
    Agent responseRe: Inspection Addendum Response - 18006 Memorial Estates Dr Spring TX 77379▸ expand

    Good morning! Does someone have time to get on the phone with me to go over

    Good morning! Does someone have time to get on the phone with me to go over this? I am available until about 11:45, and then after about 2:30-5. *Texas Real Estate Commission Information About Brokerage Services poolrealtygroup.com/IABS-Ellen.pdf* *Texas Real Estate Commission Consumer Protection Notice trec.texas.gov/sites/default/files/pdf-forms/CN%201-5_0.pdf*
  3. Jun 8contracts
    ReplyFwd: Inspection Addendum Response - 18006 Memorial Estates Dr Spring TX 77379▸ expand

    agent wants to go over the Inspection Addendum

    agent wants to go over the Inspection Addendum *Contracts Team*Trade In Holdings, LLC a: 1760 E Pecos Rd #501 Gilbert AZ 85295
  4. Jun 8contracts
    ReplyRe: Inspection Addendum Response - 18006 Memorial Estates Dr Spring TX 77379▸ expand

    Hey Ellen,

    Hey Ellen, Just to clarify, in a perfect world scenario, the smaller remodel bid would net the seller a larger total payout. However, the possibility of that happening is less likely due to potential buyers pointing out items that look incomplete due to partial renovations and ultimately the home sitting for longer on the market. If the larger renovation was agreed to, it is much more likely for the seller to realize more of their potential equity on the resale of the home. Best, Ethan *Ethan Galano - Property Project ManagerContracts Team*Trade In Holdings, LLC a: 1760 E Pecos Rd #501 Gilbert AZ 85295 *p:* (480) 536-7225 ext. 838
  5. Jun 8contracts
    ReplyRe: Inspection Addendum Response - 18006 Memorial Estates Dr Spring TX 77379▸ expand

    Hey Ellen,

    Hey Ellen, Just to clarify, in a perfect world scenario, the smaller remodel bid would net the seller a larger total payout. However, the possibility of that happening is less likely due to potential buyers pointing out items that look incomplete due to partial renovations and ultimately the home sitting for longer on the market. If the larger renovation was agreed to, it is much more likely for the seller to realize more of their potential equity on the resale of the home. Best, Ethan *Ethan Galano - Property Project ManagerContracts Team*Trade In Holdings, LLC a: 1760 E Pecos Rd #501 Gilbert AZ 85295 *p:* (480) 536-7225 ext. 838
  6. Jun 10ellen
    Agent responseFwd: Inspection Addendum Response - 18006 Memorial Estates Dr Spring TX 77379▸ expand

    They would like option 1. What do you need from us?

    They would like option 1. What do you need from us? TY! *Texas Real Estate Commission Information About Brokerage Services poolrealtygroup.com/IABS-Ellen.pdf* *Texas Real Estate Commission Consumer Protection Notice trec.texas.gov/sites/default/files/pdf-forms/CN%201-5_0.pdf*
  7. Jun 10contracts
    ReplyRe: Inspection Addendum Response - 18006 Memorial Estates Dr Spring TX 77379▸ expand

    Hey Ellen,

    Hey Ellen, In order to proceed with option 1, We will need the seller to fill out the "Seller's Response" section on Page 2 of the Inspection Addendum. There are 3 check boxes, you would select the 3rd check box and in the text under it notate, "Seller would like to proceed with Option 1". Then have the sellers sign underneath. Additionally the seller's signature is required on the Option 1 Bid. Once both of those documents are returned signed by the seller, We will inform title that we have agreed on terms and push towards closing. Let me know if you have any questions, Colton *Colton Gibbs - Property Project Manager* *Contracts Team*Trade In Holdings, LLC a: 1760 E Pecos Rd #501 Gilbert AZ 85295 p: (480) 536-7225 ext. 829
  8. Jun 10ellen
    Agent responseRe: Inspection Addendum Response - 18006 Memorial Estates Dr Spring TX 77379▸ expand

    Rebekah, can you send out?

    Rebekah, can you send out? *Texas Real Estate Commission Information About Brokerage Services poolrealtygroup.com/IABS-Ellen.pdf* *Texas Real Estate Commission Consumer Protection Notice trec.texas.gov/sites/default/files/pdf-forms/CN%201-5_0.pdf*
  9. Jun 10rebekah
    Agent responseRe: Inspection Addendum Response - 18006 Memorial Estates Dr Spring TX 77379▸ expand

    Yes, I will work on this now.

    Yes, I will work on this now. *Thank You,* *⚠️ As I'm sure You are aware, wire fraud is on the rise. Here are some precautionary steps to follow:* • DO NOT wire funds without personally verifying with the title company and do not verify via the contact info you receive with the wiring instructions. • NEVER trust wiring instructions sent via email or text. • CALL the title company using a publicly listed verified phone number from their official website. • BEWARE of last-minute changes—this is a major red flag. • WORK ONLY with a reputable title company. If you’re unsure, take the time to research their credentials and reviews. CONFIDENTIALITY NOTICE: This email and any attachments transmitted with it are confidential and intended solely for the use of the individual or entity to whom they are addressed. If you have received this email in error, please notify the sender immediately and delete the email from your system. Any unauthorized use, replication, disclosure, and/or distribution of this email is strictly prohibited and may be unlawful.

Offer Scenarios

2 options proposed · click Mark as signed when the agent picks
AS IS
Cash+ baseline
ARV $324,000
Purchase
− Program fee
$25,920
− Resale fee
$17,820
− Title
$3,240
− CLR
− Reserve
$81,000
1st payout
$196,020
2nd payout @ ARV
$81,000
Total to seller
$277,020
Repaired
Cash+ with Repairs
ARV $324,000
Purchase
− Program fee
$25,920
− Resale fee
$17,820
− Title
$3,240
− CLR
− Reserve
$81,000
1st payout
$166,020
2nd payout @ ARV
$81,000
Total to seller
$247,020
Delta in total seller proceeds (Repaired − AS IS): -$30,000

Bid drafts

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Inspection Activity

  1. Jun 2hello
    Inspection receivedInspection Report Ready for Viewing - 18006 Memorial Estates Dr▸ expand

    Hi Rebekah,

    Hi Rebekah, We have received your Home Inspection report. It is uploaded to your portal here: url786.inspectify.com/ls/click?… If you have any questions about the report, please do not hesitate to reach out via email. Thank you again for using Inspectify. We would love to hear feedback on your experience on how we can continue to improve our offering --- please go here to take a quick survey ( url786.inspectify.com/ls/click?… Spallone&id=406657&inspectorname=Rio Bravo Inspectify Pro Houston ). All the best, The Inspectify Team Follow Us --------- ( url786.inspectify.com/ls/click?… ) ( url786.inspectify.com/ls/click?… ) ( url786.inspectify.com/ls/click?… ) Powered By Powered By Contact us ---------- 9450 SW Gemini Dr, Suite 34868, Beaverton, Oregon 97008-7105 USA hello@inspectify.com
  2. Jun 2contracts
    ReplyFwd: Inspection Report Ready for Viewing - 18006 Memorial Estates Dr▸ expand

    Here are the details for the property 18006 Memorial Estates Dr Spring TX

    Here are the details for the property 18006 Memorial Estates Dr Spring TX 77379. *Purchase:* $324,000 *Program Fee: 8*.0% *Resale Fee:* 5.5% *Reserve:* 25% *Credit: *$30,000 *End of Inspect Period:* 06/05/2026 *Closing Date:* 06/15/2026 *CMA Sheet: docs.google.com/spreadsheets/d/…* *HOA: yes* Attached below is the Cash+ Agreement and Questionnaire. *Rachel Hill* *Contracts Team*Trade In Holdings, LLC a: 1760 E Pecos Rd #501 Gilbert AZ 85295 p: (480) 602-2919 Contracts Main Number
  3. Jun 3ethan
    ReplyRe: Inspection Report Ready for Viewing - 18006 Memorial Estates Dr▸ expand

    Hey Team,

    Hey Team, Called the agent yesterday, her assistant answered as she's attending her daughters wedding for the next few days but let her know this property looks promising just needs some updates. The assistant Melissa said she'll try to find some of the agents comps to let me know how she feels it will perform on the market. Thanks, Ethan
  4. Jun 3jason
    ReplyRe: Inspection Report Ready for Viewing - 18006 Memorial Estates Dr▸ expand

    Ethan,

    Ethan, What does this mean? Did we review the inspection yet? [image: Logo] zoodealio.com Jason Laos | Chief Revenue Officer a: Zoodealio | 1760 E Pecos Rd Ste 501 | Gilbert, AZ 85295 e: jason@zoodealio.com | w: zoodealio.com zoodealio.com m: 602-770-8003 | p: 480-733-8500
  5. Jun 3ethan
    ReplyRe: Inspection Report Ready for Viewing - 18006 Memorial Estates Dr▸ expand

    Jason,

    Jason, Not fully reviewed yet. I'm still working on my synopsis. Our current OOP is that once we receive the inspection from the contracts team, we reach out to the agent and start building rapport as well as try to find any information regarding the agents ability to visit the property or insight on what they think about it.
  6. Jun 3jason
    ReplyRe: Inspection Report Ready for Viewing - 18006 Memorial Estates Dr▸ expand

    Ethan,

    Ethan, Ok I understand now. Thanks for the update. [image: Logo] zoodealio.com Jason Laos | Chief Revenue Officer a: Zoodealio | 1760 E Pecos Rd Ste 501 | Gilbert, AZ 85295 e: jason@zoodealio.com | w: zoodealio.com zoodealio.com m: 602-770-8003 | p: 480-733-8500
  7. Jun 4jason
    ReplyRe: Inspection Report Ready for Viewing - 18006 Memorial Estates Dr▸ expand

    Ethan,

    Ethan, I reviewed the inspection report and seller disclosures and have a few questions: 1. The inspection report indicates that the roof is approximately 1 year old, while the seller's disclosure states that the roof is 15 years old. Can you help clarify this discrepancy? Was the roof replaced recently, or is one of these reports incorrect? 2. It appears the inspector may not have physically accessed the roof, as the photos in the report seem to have been taken from the ground. Can you confirm whether the roof was actually inspected or if the age estimate was based on a visual observation? 3. In the seller's disclosures, the seller notes that permitted work was completed to increase the square footage of the home. Can you provide details regarding what improvements were made and when they were completed? 4. There also appears to be a discrepancy in the reported square footage. Zoodealio shows the property at 2,554 sq. ft., while Zillow and Redfin show 2,354 sq. ft. Can you confirm the correct square footage and provide any supporting documentation if available? Thank you. I appreciate your help in clarifying these items. [image: Logo] zoodealio.com Jason Laos | Chief Revenue Officer a: Zoodealio | 1760 E Pecos Rd Ste 501 | Gilbert, AZ 85295 e: jason@zoodealio.com | w: zoodealio.com zoodealio.com m: 602-770-8003 | p: 480-733-8500
  8. Jun 4ethan
    Remodel bid sentRe: Inspection Report Ready for Viewing - 18006 Memorial Estates Dr▸ expand

    Hey Team,

    Hey Team, Here are my findings for 18006 Memorial Estates Dr Spring TX 77379 Remodel Bid docs.google.com/spreadsheets/d/… *CURRENTLY ACTIVE HOMES: 389* *SOLD IN THE LAST MONTH: 78* *PENDING HOMES: 99* 5 months of inventory on the market *Reserve:* AS IS - $324,000 Purchase Price, 30% Reserve ($97,200), $226,800 Basis Repaired Opt 1 - 25% with a $30,000 credit in lieu of repairs (Current Offer), $243,000 Basis Repaired Opt 2 - 20% with a $52,000 credit in lieu of repairs, $259,200 Basis *Sold:* 8602 Canyon Pine Dr redfin.com/TX/Spring/8602-Canyon-Pine-Dr-77379/home/30615156: "Sold" @ $320,000 - Nice Curb Appeal, Good Location, Decent Backyard, Little to no modern updates. 9122 Cypress Square Dr redfin.com/TX/Spring/9122-Cypress-Square-Dr-77379/home/…: "Sold" @ $298,000 - Updated Interior, Nice Curb appeal, Great Lawn + Backyard, Smaller SqFt, Small Kitchen. 17203 Kettle Creek Dr redfin.com/TX/Spring/17203-Kettle-Creek-Dr-77379/home/…: "Sold" @ $279,000 - Some Interior Updates, Nice Backyard, Nice Curb Appeal, Smaller SqFt. *Active:* 9414 Calwood Cir redfin.com/TX/Spring/9414-Calwood-Cir-77379/home/30570207: Listed @ $320,000 - Decent Curb Appeal, Somewhat dated interior (still decent kitchen), layed brick covering most of backyard (still nice). 7611 Theisswood Rd redfin.com/TX/Spring/7611-Theisswood-Rd-77379/home/30246743: Listed @ $309,000 - Decent Interior, No Major Updates, Large lot but grass isnt in as good condition. 7910 Oak Moss Dr redfin.com/TX/Spring/7910-Oak-Moss-Dr-77379/home/30258504: Listed @ $350,000 - Great Curb Appeal, Extra Bed, Fully Updated Interior, Kitchen is kinda small, Has a Pool (Nice Backyard). *Pending:* 7610 Theisswood Rd redfin.com/TX/Spring/7610-Theisswood-Rd-77379/home/30246564: Pending @ $359,000 - Fully Updated Interior, Reasonably Large SqFt, Spacious Kitchen, Nice Large Backyard. 17311 Vintage Wood Ln redfin.com/TX/Spring/17311-Vintage-Wood-Ln-77379/home/…: Pending @ $380,000 - Great Curb Appeal, Has a Pool and 3 Car Garage, Rather Nice Interior (not the most modern), Nice Backyard. 9102 Woodhouse Dr redfin.com/TX/Spring/9102-Woodhouse-Dr-77379/home/30443315: Pending @ $282,000 - Little to No Modern Updates, Backyard has a Patio Cover, Lawn in Great Condition, Decent Curb Appeal. *Things to Note:* - *We're in rather good condition and great location.* - *Great curb appeal but needing modern updates* - *Within walking distance of a middle school with a track and tennis/basketball courts and a very short trip from local stores* - *This is Texas so we don't have records of the official closing price* - *A lot of comps in this area are lacking major interior updates, granted there are a few, but I don't think it's a requirement for us to sell at a good price* Let us know what you think. Thanks! Ethan
  9. Jun 4jason
    Remodel bid sentRe: Inspection Report Ready for Viewing - 18006 Memorial Estates Dr▸ expand

    Ethan,

    Ethan, Where is the $52k bid? Can you send it to me? [image: Logo] zoodealio.com Jason Laos | Chief Revenue Officer a: Zoodealio | 1760 E Pecos Rd Ste 501 | Gilbert, AZ 85295 e: jason@zoodealio.com | w: zoodealio.com zoodealio.com m: 602-770-8003 | p: 480-733-8500
  10. Jun 5jason
    Remodel bid sentRe: Inspection Report Ready for Viewing - 18006 Memorial Estates Dr▸ expand

    Hi Team,

    Hi Team, Here's the approach we're going to take on this property. We'll keep the overall deal structure the same, but we'd like to present an upgraded remodel option designed to maximize the value and marketability of the second sale. *Option #2 – Enhanced Remodel* - Purchase Price: *$324,000* - Reserve: *22%* - Remodel Credit: *$69,900* This enhanced renovation budget will allow for a much more comprehensive remodel and should significantly improve the home's appeal and resale potential. Please see the attached bid for details. I've also included the scope of work for the standard *$30,000 remodel option* for comparison. When presenting this opportunity, lead with the *enhanced remodel option* and emphasize the potential upside of investing more upfront to create a stronger finished product and maximize resale value. Let's sell the vision and help the buyer understand the value of doing it right the first time. Thanks, everyone. [image: Logo] zoodealio.com Jason Laos | Chief Revenue Officer a: Zoodealio | 1760 E Pecos Rd Ste 501 | Gilbert, AZ 85295 e: jason@zoodealio.com | w: zoodealio.com zoodealio.com m: 602-770-8003 | p: 480-733-8500
  11. Jun 8ethan
    Remodel bid sentRe: Inspection Report Ready for Viewing - 18006 Memorial Estates Dr▸ expand

    Hey Team,

    Hey Team, Just spoke with the agent to explain the possibilities for both options that were sent on our addendum. She was confused on how the payouts and how the seller could possibly realize more equity on the larger remodel if the payouts are bigger for the smaller scope. I broke it down by telling her that in a perfect world the smaller option would net the seller a larger payout but its less likely than if we were to do a larger remodel and sold the home faster. I let her know that this is due back by Wednesday which she said shouldn't be a problem. I'll check back in tomorrow for an update. Thanks, Ethan

Notes

  • Added from Escrows sheet (status: Inspection Period).