Finding your dream home can be frustrating and the last thing you want to deal with when you finally find it is a bidding war. So what are some tactics in winning that war? Leigh Kamping-Carder, Digital Editor at The Wall Street Journal's "Mansion" section joins Your Future Home to discuss why putting pen to paper could win you that dream home. In a recent study, 40% of recent offers for a home included a personal letter. In fact, penning a cover letter increased a buyer's odds by 52%. Kamping-Carder says you want your letter to express why you love the house and what memories you could see your family making in the house. She says people are more inclined to go for the higher bid, but a little flattery and emotion could go a long way. Plus, what are some other tactics for winning a bidding war? First, make sure you a pre-approved for a mortgage. Second, add a few incentives like a waived preinspection or financial contingency.

Share:
More In Culture
Time Exec. Editor Dan Macsai Discusses Process on 'Person of the Year' Pick
Since 1927, Time Magazine has chosen its Person of the Year to acknowledge the world's biggest and most influential change makers. This year it was global phenomenon Taylor Swift. Dan Macsai, executive editor of Time, spoke with Cheddar News about the process to make its pick and what's involved. So I got the chance to chat with times executive editor Dan Max about how time made its decision and the entire person of the year issue.
On the Scene: Tinseltown in Manhattan
Dean O'Neill, CEO and owner of Pekarna Restaurant & Event Space, joined Cheddar News to discuss a new Christmas-themed pop-up called Tinsel Town in the Upper West Side of Manhattan with some delicious food and drinks.
Load More