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Some real estate agents say that personal offer letters can jeopardize a sale.”There’s a belief that a letter tips the scales to the seller when negotiating the price and the inspection,” says Karen Kostiw of Warburg Realty in New York City. “The seller may interpret the letter as the buyers ‘showing their hand,’ and it could weaken their position to negotiate.”
Mortgage rates fall to 12-month low – 30-year at 4.37%
Townhome prices would start in the $300,000s, and the single-family homes, a mix of one and two stories, would cost from the $400,000s to $600,000s.