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If you've seen a house you want to turn into a home, how do you stand out? One way to get the seller's attention, and possibly get them to accept your offer, is to write a ?Letter of Interest.? It's an offer letter you email as a potential home buyer, to the sellers, explaining why they might want to sell to you.
An offer letter for a home is similar to an offer letter for a potential job. It outlines your homeownership goals, a bit of personal background, and why you're the ideal buyer for the home in question.
A letter of intent to occupy is a concise legal document that you write stating your intention to live in the home you're mortgaging as your primary residence. Your primary residence is important because it ties directly to certain tax benefits and usually a better mortgage rate.
Dear [MR./MS./LAST NAME], While keeping up with properties in the area, I happened to notice your home at [VACANT HOME ADDRESS] appears to be vacant. If my research is wrong, I apologize ? but if, in fact, the home is vacant, I'm curious: Would consider listing the property?
A Letter of Intent is a legal document that is proposed by the business buyer and ultimately signed by the seller. The LOI is drafted in the form of a business letter which includes a space on the last page of the document where the business seller would acknowledge their acceptance.