We just got a direct mail piece, saying how Ricky Li and his wife have been looking for a house with our floor plan for over a year with no luck. They are not going to repeat the mistakes that others made, so they have an all cash offer of 5% over the worth of our house.

Thoughts:

1. Suspicious that first name is close to  my last name. And last name is close to my wife's. A fun psychological fact, you truth those more that have a name similar to yours. It may be coincidence, but...
2. Letter was a form letter mass mailed, in color. My guess is the mailing cost at least $1 per mailed piece.
3. It shows the Rowland Heights market is super hot.

Labels: bubble, housing, real estate, rowland heights