Think Twice Before Writing a Real Estate Love Letter
Love is insincere when there is money involved. How many successful businesspeople find themselves the center of attention at networking events, but when they get home, their spouses revile them, their children want nothing to do with them, and their extended family members only contact them when they need money? Almost anyone who has interacted with a dating site has met people who will only go on as many dates with you as you will pay for. Even the oldest pieces of wisdom literature, and even proverbs that predate the invention of writing, remind us that there are things that money cannot buy, and these are the things that we desire the most ardently. The worst are the things that require piles of money and a boatload of charm, and even then, might still be beyond reach. Real estate properties, especially in competitive markets like New York, are virtually impossible to obtain. Until recently, some buyers tried to win with love what they could not win with money alone. Real estate agents are now warning prospective buyers against using so-called love letters to close the deal. For help completing a real estate purchase without resorting to gimmicks like love letters, contact a Bronx real estate attorney.
Real Estate Purchases Are Not Sorority Rush
If you want to see a place where people spend exorbitant sums of money to impress people, look no farther than sorority rush. People blow their entire budgets buying thoughtful gifts for people they just met, people who are evaluating them on their physical appearance and perceived wealth. Friendship is just a ruse.
Real estate love letters work the same way. The prospective buyer writes a letter to the prospective seller, describing their love for the house and the memories they hope to create there. These letters tell personal stories, and sometimes they include pictures of the prospective buyer’s adorable children. Etsy has even started selling real estate love letter stationery.
It is easy to see how real estate love letters are a recipe for housing discrimination. They tell the seller much more than the seller should know about the prospective buyer’s ethnic and religious background. A seller should sell a house because the buyer makes a satisfactory offer, not because the seller wants the house to remain a place where blond children will pose for pictures in front of a tastefully adorned Christmas tree. Buyers’ agents have begun to discourage prospective buyers from writing real estate love letters. Sometimes they even refuse to show the letters to the seller when buyers write them. Real estate purchases should be about money and about clearly defined rules, not about love.
Schedule a Confidential Consultation With a Bronx Real Estate Attorney
A real estate lawyer can help you buy a real estate property without having to tie yourself in knots to impress a prospective buyer; professionalism should count more than charm does. Contact Cavallo & Cavallo in the Bronx, New York to set up a consultation.
Source:
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