Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

retrowire

(10,345 posts)
Sun Aug 28, 2016, 03:47 PM Aug 2016

Mr and Mrs Retrowire are about to enter a BIDDING WAR

We’re making an offer on a house tonight…. What WILL HAPPEN?

Any advice to make the offer more appealing? Do they like baskets of fruit!!?!?

We're writing a letter to the seller, what should we write?

7 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Mr and Mrs Retrowire are about to enter a BIDDING WAR (Original Post) retrowire Aug 2016 OP
OFFER them money and 80 pounds of good chocolate, trueblue2007 Aug 2016 #1
My dear retrowire! CaliforniaPeggy Aug 2016 #2
Should it be handwritten or emailed? retrowire Aug 2016 #3
I would use a word processor, and then print it out. CaliforniaPeggy Aug 2016 #4
is there time for snail mail? mopinko Aug 2016 #5
no time for snail mail, but we can give the letter to our buyers agent retrowire Aug 2016 #7
Letter, meh. If you can, include a YUUUGE earnest money check. trof Aug 2016 #6

CaliforniaPeggy

(149,620 posts)
2. My dear retrowire!
Sun Aug 28, 2016, 04:23 PM
Aug 2016

First, Good Luck!

Secondly, in your letter, tell them why they should sell their house to you! Make your case. Talk it up, but of course, be sincere!

retrowire

(10,345 posts)
3. Should it be handwritten or emailed?
Sun Aug 28, 2016, 04:28 PM
Aug 2016

It's hard to tell these days, my wife has rewritten the letter 3 times because she doesn't like her handwriting. lol

CaliforniaPeggy

(149,620 posts)
4. I would use a word processor, and then print it out.
Sun Aug 28, 2016, 05:02 PM
Aug 2016

Hand sign, and then snail mail.

It looks better that way, than emailing.

retrowire

(10,345 posts)
7. no time for snail mail, but we can give the letter to our buyers agent
Sun Aug 28, 2016, 07:51 PM
Aug 2016

No, we haven't offered more than asking, but we're considering matching their asking price. We think our competitors are making lower offers as it's priced more than the area average.

trof

(54,256 posts)
6. Letter, meh. If you can, include a YUUUGE earnest money check.
Sun Aug 28, 2016, 07:21 PM
Aug 2016

Seriously.
Money talks.
Most buyers accompany the offer with a token $1000 check as 'earnest money'.
That money is immediately available to the sellers if they accept the terms of the contract.

Make it $10,000 or more if you can.
If they accept it, they have taken your offer.
Did I mention MONEY TALKS?
Former realtor here.

Latest Discussions»The DU Lounge»Mr and Mrs Retrowire are ...