Real Estate Homestead

Flatter first. Your offer to purchase letter is an emotional pitch. Get to the point. You may have 10 great ideas that you'd like to tell the seller. Paint a picture. Don't remodel the house. Show stability. Show humility. Don't whine. Close your offer to purchase letter with clarity.

Realize what a letter offering to purchase real estate is designed to do. Call them by name. Speak to their good taste and flatter them. Look for similarities between them and you. Be descriptive about how you and your family would live in the home. Don't tell them you're going to change things in the home.

Make your opener as personal as possible. Tell them about yourself. Point out the home's attributes. Find a connection. Explain your bid, even if it's low. Close with lots of thanks.

Final closing disclosure. Promissory note. Mortgage or security instrument, aka the deed of trust. Initial escrow disclosure. Mortgage servicing disclosure. Right to cancel form.

Address the Seller By Name. Highlight What You Like Most About the Home. Share Something About Yourself. Throw in a Personal Picture. Discuss What You Have in Common. Keep it Short. Close the Letter Appropriately. The Bottom Line.

Always put an offer in writing. The offer needs to be in writing so an email or letter is fine. Add 'subject to contract' to any offer in writing. Include as much detail as possible. Be as flexible as possible on timing. Use evidence to back up your price.

Many experts recommend writing a personal offer letter to the seller. If there are multiple offers, we always suggest buyers write a letter of introduction as a way to put a personality behind the number, says Josh Rubin, a broker at Douglas Elliman in New York City. After all, selling is an emotional process.

Address the Seller By Name. Highlight What You Like Most About the Home. Share Something About Yourself. Throw in a Personal Picture. Discuss What You Have in Common. Keep it Short. Close the Letter Appropriately. The Bottom Line.