At first glance, you may not think that a VA loan home purchase and buyer love letters go together. But, the hot new trend in home buying today is to include a “love letter” with your offer. A properly penned love letter could help seal the deal. The letter serves to convince the seller that they’ve found the right one — the right buyer, that is
The housing market continues to improve, and it’s not uncommon for several buyers to compete for the same home. A love letter may give Veterans and servicemembers a leg up when buying homes. Already, a no-down-payment VA loan help a seller feel more confident that the buyer can meet the financial conditions of the contract. But, a letter that expresses what this house means to your military family could set you miles apart from other candidates.
More and more letters are being included with real estate offers because an offer just isn’t enough for some sellers anymore. You’ve heard the old saying YOUR HOME IS YOUR CASTLE. Many sellers consider buyers as heirs to their thrones, so to speak. Although some sellers only care about their bottom lines, most have some emotional attachment to their homes, and will want to see them go to people who will take good care of them.
Use Your Real Estate Love Letter To Connect With The Seller
A good real estate love letter doesn’t have to get too personal or discuss any plans to change the house. Rather, the “love letter” should pull at the seller’s heartstrings. Most of all it should detail why the house and neighborhood are ideal. The letter can also be used to echo strong points of the offer such as full asking price or no contingencies.
Be specific when describing what you love about the home – paint a picture for the seller of how you would make a life there. If you have children, use their names. Talk about your profession, or how you and your partner met. These details could strike a chord with the seller. It may be enough to push your offer ahead of other offers, even if you can’t pay as much.
For more on VA loan home purchase contact a direct lender.