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Updated almost 10 years ago on . Most recent reply

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2
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Connor Nevelle
  • Fall City, WA
0
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2
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Yellow Letter Criticism for New Investor

Connor Nevelle
  • Fall City, WA
Posted

New (hopeful) investor looking to get into land buying. Sophomore in college, spent some of summer money to try to get started in this business. I am hoping to send my first yellow letter out within the next few days. Please tell me what you think/what you would do differently. Thanks in advance!

Dear <Home owner name>

My name is < > and I am contacting you to make a <Offer Price> cash offer on the <Number of Properties> <property/properties> you own in <County Name> ,Washington. Before you write another check to the government for a property you do not use, allow me write you one. I wish to purchase the property “as is” immediately, and will pay off all delinquent taxes owed relieving you of that financial burden.

I am ready to purchase your home as soon as convenient for you, and can have a licensed courier deliver a <Offer Price> check or cash to you within the next 5 days. I would like to make this process as convenient as possible for you, and can meet you at your home, your work, or a local business at a time of your choosing.

In addition to purchasing your land, I will also cover all the fees on your end a property seller typically incurs. I will pay for the <Cost> Title search, <Cost> fee a real estate agent takes, <Cost> closing costs, <Cost> title insurance, and <cost> courier fee. When factoring in the total costs on my end, that is an adjusted offer of <Sum> for your property.

My phone number is:

<Phone>

I have attached a purchase contract to demonstrate my eagerness to get this deal done and money in your hands. Look forward to hearing from you.

<Signature>

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