This form is a sample letter in Word format covering the subject matter of the title of the form.
Subject: Virginia Sample Letter for Offer by Client to Sell Property Keywords: Virginia, sample letter, offer, client, sell property Dear [Client's Name], I hope this letter finds you well. I am delighted to inform you that I have received an offer for your property located in [property address] in the beautiful state of Virginia. This letter serves as a formal expression of interest from a prospective buyer. [Type 1]: Virginia Sample Letter for Offer by Client to Sell Property — Cash Offer If the offer you received is a cash offer, it means that the prospective buyer is willing to make a full payment in cash without requiring any financing assistance. This type of offer is often attractive to sellers as it provides a quick and straightforward transaction process. [Type 2]: Virginia Sample Letter for Offer by Client to Sell Property — Financing Offer Alternatively, if the offer is structured as a financing offer, the buyer intends to secure a loan or mortgage to facilitate the purchase of your property. This type of offer may take longer to finalize as it is subject to the buyer's loan approval and other necessary processes. The offer received for your property stands at [offer amount] and is valid until [expiry date]. The potential buyer has also expressed their interest in completing the purchase within the timeframe of [offer deadline]. Please find enclosed a copy of the offer letter provided by the prospective buyer. I have thoroughly reviewed it, and it includes the following key elements: 1. Property Details: — Full property address, including city, state, and zip code — Legal description of thpropertyrt— - Lot size and any additional relevant details about the land 2. Offer Amount: — Clearly stated purchase price being offered by the buyer — Any contingencies or conditions related to the offer amount 3. Proposed Financing: — If applicable, information about the financing arrangement — Details regarding the buyer's down payment and loan terms 4. Deposit: — The amount of earnest money deposit the buyer is willing to provide — Instructions on how the deposit will be held and when it becomes non-refundable 5. Closing and Possession: — The desired closing dattibiaeye— - Any preferred terms regarding possession or occupancy 6. Specific Contingencies: — Any contingencies that must be met for the offer to remain valid — Examples include home inspections, appraisal, or loan approval 7. Expiration: — A specified timeframe in which the offer remains valid Please take your time to thoroughly review the offer and its terms. If you have any questions, concerns, or require further guidance, do not hesitate to reach out to me. I am here to provide you with any assistance you might need. Once you have made a decision regarding this offer, please inform me promptly, and I will proceed accordingly. Remember, time is of the essence when dealing with potential buyers. Thank you for entrusting me with the responsibility of handling your property sale. I look forward to receiving your instructions and standing by you throughout this process. Warm regards, [Your Name] [Your Contact Information]
