My New Letter of Intent
Hooray for you – we’re giving away another freebie today! Not only will you get to swipe a goodie from us, but I’ve also got an awesome video for you that comprehensively covers what we’re giving away.
Look, there are lots of letters of intent available out there. You could even create one for yourself and consult with your attorney before using it.
But why reinvent the wheel?
We’ve already done all the heavy lifting for you. (You’re welcome!) I still suggest you cover your butt and run this document by your attorney before using it, but it’s our letter of intent of choice – and it’s worked for us for years.
It’s simple, matter-of-fact and to the point. And, you’ll notice it’s only 1 page. That’s intentional. That way sellers can quickly understand exactly what we’re offering them.
The Body Consists of Only 2 Parts
As you’ll see, our letter – chock-full of benefits for the seller – is really just 2 main parts:
- Property Facts
- The Bottom Line
Think of the letter as a template. Most of the information will remain the same for every deal, but we customize it based on the details of each situation.
The first section – the property facts – is where we make the most changes. This is where you list your offer price, mention any repairs needed and include the closing and contingency details.
The bottom line section reiterates our interest, and reminds the seller that we’ll be there if and (hopefully) when they are ready to pull the trigger.
And that’s it.
Go ahead, investors, and press play to hear more about the letter of intent you can swipe today. I’ll go over the tone that your letter should reflect – we’re playing it cool here, kids, and we certainly don’t want to sound salesy. This letter simply states the facts, considers the seller’s situation and reminds them to contact you when the time is right.
Here’s how to download our New Letter of Intent:
Step 1. Leave a comment below with your thoughts. What you like about the letter, don’t like, or just tell us how awesome we are for giving this to you at no cost 🙂
Step 2. Once your comment is posted – Chuck Norris will award you with a free download link for the letter. For reals.