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It will also state an introduction to the attached document prompting them to reply if they are interested in entertaining your offer. That would be the second page of your mailer. This is the sale agreement you will send them. The property details should also be stated in this sale agreement. This will let them know which property you are really referring to and if they end up returning this document to you you know it s a sure deal. The simple letter just states your intention to buy their tax delinquent property but I want to call this 2nd type of letter the simple letter with an edge.
More so if the properties you are interested in were clustered in a subdivision or in gated communities. You need to do a comprehensive research when you use this 2nd type of letter. One of the most important things you would need to find out is how much the properties in that area generally sell for. Once you have figured out a fair price to offer to the seller then you have to remember to attach a sale agreement type of document to this letter.. So what you are sending them are two separate documents stuffed in one envelope. The first page will be your letter of intent to buy with the price you are offering for their property.
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So when you are writing this type of letter even if it s the first time you are writing the seller you will be including a price that you are offering them for their tax delinquent property. You might think that this is an unusual idea. The main reason is it would require you to do a fair amount of research on these properties. If you are sending out 500 letters you need to state a price for each and every single one of those properties. A price you are willing to offer for each and every single one of these properties. This may take a lot of work and time.
This it one of the letters you can send the owner of the property that you are interested in. This letter could look something like this: "I notice you own this land in Cook County. I m very interested in purchasing it. I ll pay cash. Get rid of the burden of property ownership and contact me." The advantage of using this type of letter that it has proven to get the highest response rate of all the letters that I have prepared in the my experience. This simple letter does not say a whole lot. It just peaks the person s interest. After sending this letter the seller may just immediately call you and you can begin discussions regarding your purchase.