Re: CS course has no letter of intent!!! - Posted by Rob FL
Posted by Rob FL on November 04, 2000 at 20:20:12:
The only time I use them is on seriously lowball offers. I only do this on Realtor listed property. The reason why is so that the seller and the seller’s agent don’t get totally pi$$ed off at me. My letter is worded to sort of cushion the blow and get some response.
It basically says something like “I am interested in purchasing the property at 123 Elm Street. The offer is $50,000, all cash, subject to inspection, closing in 30 days. If this is acceptable or they wish to counter-offer, please let me know right away and I will immediately put together a contract. If they find the offer totally unacceptable, please let me know their bottom line and I will try to work with it the best I can. Thanks.”
Something like that.