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Don't bother writing a 'love letter' to home sellers. They're a waste of time and someone could get screwed
8 days ago - By Business Insider
IStock; Robyn Phelps/Insider
Some home bidders write personal letters to sellers to win their favor and get their dream house.
Buyers may feel "love letters" help them win bidding wars, but they also pose big problems.
Buyers can lie, sellers may unconsciously discriminate, and brokers could get in legal trouble.
When Lauren Byington and husband, Warren, listed their home outside San Antonio, Texas, for sale in 2020, she was relieved when they quickly received three offers close to the full asking price of $975,000.
One prospective buyer, though, included a letter with her bid that...
Read more ...
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