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Here's a great letter to use when you are making initial contact with sellers who are in default on their mortgage. Thanks to Martin Ortner for submitting it. Candlewood Home Buyers, LLC. PO Box 600, Brookfield, CT 06804 Tel.: (xxx) xxx-xxxx
Fax: (xxx) xxx-xxxx Email: your email address here Mr. Seller, Address Address
Dear Mr. Seller,
We are real estate investors and counselors, looking to purchase several houses in your area, and we saw in the legal notices that your house is scheduled for public sale shortly.
WE MAY BE ABLE TO SAVE YOUR HOME FROM GOING INTO FORECLOSURE!!
Although I'm very respectful of your privacy in this matter, I'm writing to see if you would be interested in stopping the foreclosure process by selling your house to us. As an investor, I can quickly pay cash for your equity before it's lost forever. Even if you have no equity, I might be able to prevent the foreclosure by making up the back payments on your loan.
Call me at xxx-xxxx and I will be glad to share with you some of the options you still have available at this time if you act quickly.
There is no cost for my services. Since I am not a Realtor, I don't charge any fees or commissions. I'm just an honest investor, looking to buy more houses in your area and I'm very creative in solving homeowners' financial problems. If you're interested in finding a solution to your current situation, then perhaps I can make you an acceptable offer.
Give me a call and let's see how we might work together.
Sincerely, Martin H. Ortner PS: If my offer is not the best option for you, you will be under absolutely no obligation, and of course, any conversation we may have would be strictly in confidence. Time is running out, but we may be able to help, before it's too late. Call me today at xxx-xxxx. |