The unique way some sellers welcome new home owners

The unique way some sellers welcome new home owners

The unique way some sellers welcome new home owners
In competitive housing markets it is not uncommon for buyers to ask their agent to submit a personalized letter appealing to the seller along with an offer. This small touch can entice sellers to select an offer among multiple bids when they know that the potential owners will be good stewards of the home. But a growing trend is sellers who leave behind a nice note for the new owners.

Writing a letter of welcome and leaving it on a kitchen counter when you vacate a home for the final time could be a nice way to greet the new owners, particularly during this time of social distancing when the neighbors are likely to stay away.

These so-called “legacy letters” passed from one homeowner to the next can also include facts about the home like when trash pickup is, which light switches can be controlled by an Alexa device and the best place to put the Wi-Fi router to ensure optimal coverage. This type of knowledge pass-down is a courteous way to help the new owners feel right at home.

Today, conforming no-point 30-year fixed mortgage rates are averaging 2.75 percent and 15-year rates are near 2.25 percent.

Do you have a question for Real Estate & Mortgage Analyst Mehran Aram? Submit your queries about a home purchase, refinance, or reverse mortgage via Aramco.biz, social media (#AramcoReport), or over the phone at (866) 381-8888 and your questions may be featured in an upcoming article.