From the BiggerPockets Blog

 BiggerPockets Blog »

Jump to Forum View All

Click a category below to view different forum categories.


General Info

BiggerPockets Q&A, Site Questions, & Announcements

1518 topics, 14421 posts — Last Post 04/20/14, 11:38AM

BiggerPockets Exclusive PRO Area

118 topics, 840 posts — Last Post 04/20/14, 08:09AM

New Member Introductions

10899 topics, 85733 posts — Last Post 04/20/14, 11:43AM

Real Estate Success Stories

396 topics, 6161 posts — Last Post 04/19/14, 05:20PM

General Real Estate

General Real Estate

Buying & Selling Real Estate

5945 topics, 46874 posts — Last Post 04/20/14, 11:17AM


644 topics, 5822 posts — Last Post 04/20/14, 10:45AM

Get Foreclosure Help - Help Stop Foreclosure Forum

316 topics, 2557 posts — Last Post 04/16/14, 03:58AM

Home Owner Association (HOA) Issues & Problems Forum

237 topics, 1609 posts — Last Post 04/17/14, 08:53AM

Do it Yourself

657 topics, 6282 posts — Last Post 04/20/14, 11:17AM

Reviews & Feedback

Real Estate Deal Analysis and Advice

3683 topics, 29538 posts — Last Post 04/20/14, 10:51AM

Real Estate Guru, Book & Course Reviews and Discussions

1134 topics, 11564 posts — Last Post 04/20/14, 08:34AM

Ask About A Real Estate Company

741 topics, 7324 posts — Last Post 04/20/14, 09:33AM

Real Estate Investing

Real Estate Strategies


5606 topics, 43762 posts — Last Post 04/20/14, 09:57AM

Rehabbing and House Flipping

3333 topics, 31007 posts — Last Post 04/20/14, 09:58AM

Real Estate Development & New Home Construction

553 topics, 4685 posts — Last Post 04/19/14, 06:13PM

Innovative Strategies

704 topics, 6030 posts — Last Post 04/20/14, 10:54AM

Tax Liens, Notes, Paper, & Cash Flows Discussion

866 topics, 6678 posts — Last Post 04/19/14, 06:06AM

Rent to Own a.k.a. Lease Purchase, Lease Options

693 topics, 4904 posts — Last Post 04/20/14, 09:19AM

1031 Exchanges

143 topics, 1054 posts — Last Post 04/18/14, 08:41AM

Foreclosure Investing

General Foreclosure & Pre-Foreclosure Forums

1687 topics, 11293 posts — Last Post 04/20/14, 10:58AM

HUD, VA, and Tax Sales

415 topics, 3097 posts — Last Post 04/19/14, 10:19PM


1214 topics, 10578 posts — Last Post 04/20/14, 12:34AM

Short Sales

1534 topics, 13120 posts — Last Post 04/17/14, 04:44PM

Landlord & Tenant Forums

Landlord & Rental Property Questions

7209 topics, 70794 posts — Last Post 04/20/14, 11:46AM

Mobile Homes & Mobile Home Park Investing

638 topics, 5141 posts — Last Post 04/19/14, 09:49AM

Investor Basics

Starting Out

7709 topics, 60511 posts — Last Post 04/20/14, 11:37AM

Investor Psychology

431 topics, 6107 posts — Last Post 04/20/14, 06:04AM

General Real Estate Investing

4719 topics, 37219 posts — Last Post 04/20/14, 11:32AM

Real Estate Investor Marketing

1731 topics, 14094 posts — Last Post 04/19/14, 06:39AM

Commercial Real Estate

Commercial Real Estate Investing Forum

1410 topics, 8994 posts — Last Post 04/19/14, 04:34PM

Multi-Family and Apartment Investing

1110 topics, 9240 posts — Last Post 04/20/14, 11:22AM

The Business of Real Estate

Real Estate Technology and the Internet

Real Estate Technology, Social Media & Blogging

641 topics, 4897 posts — Last Post 04/20/14, 08:43AM

Business Basics

Goals, Business Plans & Entities

831 topics, 7562 posts — Last Post 04/18/14, 04:25PM

Real Estate Finance & Legal

Financial, Tax, and Legal

Tax, Legal Issues, Contracts, Self-Directed IRA

2788 topics, 20029 posts — Last Post 04/20/14, 09:41AM

Property Insurance

309 topics, 2045 posts — Last Post 04/17/14, 07:41PM

Personal Finance Discussion

328 topics, 2732 posts — Last Post 04/19/14, 06:57PM

Loans, Mortgages, Credit Lines

Private & Conventional Lending Discussion

2836 topics, 19714 posts — Last Post 04/20/14, 09:13AM

Creative Real Estate Financing

1210 topics, 8772 posts — Last Post 04/20/14, 06:59AM

Crowdfunding Real Estate

35 topics, 463 posts — Last Post 04/19/14, 06:24PM

Real Estate Professionals

Real Estate Professionals

Real Estate Agents

1211 topics, 7998 posts — Last Post 04/20/14, 11:41AM

Bankers, Lenders, and Mortgage Brokers

441 topics, 1922 posts — Last Post 04/20/14, 07:09AM


270 topics, 1684 posts — Last Post 04/20/14, 09:21AM

Local Real Estate

Local Real Estate

Local Real Estate Networking & Recommendations

1991 topics, 11620 posts — Last Post 04/20/14, 11:40AM

Americans & International Real Estate

161 topics, 566 posts — Last Post 04/14/14, 11:19AM

Foreigners Buying in the USA

62 topics, 409 posts — Last Post 04/10/14, 06:27AM

Canadian Real Estate

64 topics, 429 posts — Last Post 04/20/14, 08:33AM


Real Estate Marketplace

Real Estate Marketplace

15024 topics, 53967 posts — Last Post 04/20/14, 10:08AM

Real Estate Events and Happenings

164 topics, 2517 posts — Last Post 04/20/14, 08:35AM


Off Topic


2905 topics, 32411 posts — Last Post 04/19/14, 08:03AM

Housing News & Real Estate Market

914 topics, 8351 posts — Last Post 04/17/14, 08:41AM

BiggerPockets Real Estate Investing Summit

97 topics, 1751 posts — Last Post 04/10/14, 02:27PM

BiggerPockets Resources

Forums » General Foreclosure & Pre-Foreclosure Forums » Letter To Distressses Homeowner

Letter To Distressses Homeowner

6 posts by 4 users


Anyone have any sample form letters they use to send to distressed home owners they would be willing to share?


A few examples were given in a newsletter series. I'll post a couple. I wrote something more personal (from a more emotional standpoint) I'm not sure what works yet because I'm just starting :-)

Dear (insert name(s) of homeowner):
My name is Tom. It has come to my attention that your property may be in danger of public auction and I would like the opportunity to either buy or save your home. If none of this is true, then I sincerely apologize for any inconvenience this may have caused you by sending this letter.
If this is true, then I would like to talk to you about your home. I am a local Real Estate investor. I am not an agent. I like to help people, in fact there may be some things you can do to save your home. There are several different solutions you have as a homeowner which I can talk to you about.
If you have already listed your home with an agent or have found a temporary solution - that's ok. Most people like to have a 2nd option " just in case" .
So, if you are interested in finding a workable solution to avoid any long-term effects, please contact me at 555-555-5555 or email me (insert your email address) at your earliest convenience.
I would be happy to talk to you about finding a workable solution to help you out of your situation.
Tom Solver


Home Management, Inc.

Dear Homeowner:
It looks like I missed you. Today I popped by to chat with you about your situation. It is important that you work quickly or the bank will foreclose on your home. Your probably asking your self What's going to happen to me now? When will the bank foreclose? Should I file for Bankruptcy? I've successfully helped dozens of families in your position. Each situation is unique but the questions are always the same.
How Can I stop the foreclosure? Ext. 1
How much time do I have? Ext. 2
I've already filed for Bankruptcy, isn't that enough? Ext. 3
What's a short sale and how will it effect my credit? Ext. 4
When Will the Bank Kick me out? Ext. 5
Beware of Scams? Ext. 6
Find out the 4 most common mistakes made! Ext. 7
Do you qualify to receive up to $1000 from your bank? Ext. 8
There are 3 ways you can save your home right now! Ext. 9
For free recorded answers to these questions please call 1-888-555-5555. This free answer hot line service is available 24 hrs/day. Simply dial the toll free number and put in the extension number next to the question.
Best of all my services are free when you decide to short sale your home! Call me today for the facts on how the foreclosure process works. I offer the facts with Absolutely no pressure or obligation.
Most people in your position mentally freeze and do nothing. If you wait and do nothing. one of two things will probably happen:
1. If you have equity in your home, your mortgage holder will force you out of your home, auction off your home and you will loose all your equity.
2. If you do not have any equity, your mortgage holder will force you out of your home, sell your home, and file a judgement against you for the balance still owed. If you can not pay what you owe, you will have to file for bankruptcy to get rid of the debt.
There are alternatives! Most accountants, bankers, friends, attorneys, and real estate agents are not aware of these alternatives and will advise you to " walk away" and file bankruptcy which may or may not be the best solution.

Act quickly, you are running out of time.

Bob Townsley

Thanks, I really liked the sound of what you are getting across in these.

I don't mean to take any credit on these, they were example letters from a newsletter series on a web site I signed up to. Looks like the name of the web site was not in my post (I think until I have enough posts I am not able to post them) anyway - hope you found them helpful.


Real Estate Investor · Suitland, Maryland

Thanks for the info...

· San Francisco, California

At this juncture, there are probably lots of letters written by tons of investors. What may be effective is focusing on them personally.

Words such as hotline, 24/7, "questions are always the same," inconvenience sound like a late night infommercial and very impersonal.

Try speaking to them instead of at them. Number one, take the time to find out their NAME.

Dear {use their name],

During an economic downturn, you may be experiencing a very distressful situation. There are many reasons, each very personal, as to why a person isn't able to keep up payments. This isn't due to negative character traits, sometimes life becomes quickly overwhelming.

At this time, there may be a lot of contact from businessmen that is very impersonal and cold. Regardless of what anyone is saying, the most important is that the option is best for you.

This is a complex situation with many possible solutions. A home is more than just an asset, it's filled with memories of friends and family. Though not an agent, financial insight may remedy your situation.

Again, it's what is best for you that matters. Some options require a timely action as this process moves along.

Please feel free to call my mobile at XXX-XXX-XXXX after deciding what's best.

Sign up