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  • Real Estate Offer Letter Template
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    Real estate offer letters represent your formal offer to buy a property at a set price. Clean offer letters that contain only a price for the house are more likely to be accepted than those offer letters that request help with the closing costs or list items that must be fixed on the property.

    Don’t waste the reader’s time about your new home plan, whether it is remodeling the property or raising your children there. The seller may have a dozen other real estate offer letters to review, and wasting time with an emotional appeal may put them off.

    Listing changes you’d make to the property actually hurts you, since the seller will worry if you’ll add demands at the last minute to close the sale; in those cases, they’d rather take a clean offer for a little less than risk a few thousand in last minute touch up costs. You will make a good impression if you offer earnest money up front. State the earnest money amount in the offer letter.

    Your real estate offer letteR is more likely to be accepted if you set a date by which you would buy the house. Closing the deal fast has appeal for sellers, since they will have to pay utilities, house payments and property taxes for another month spent dithering over the sale price. Stating that you want to buy it and can close in the next month is attractive to sellers.

    An automatic escalation clause may be necessary in a competitive market. The escalation clause says you will pay X amount more if someone else bids higher than your price. Be careful to put a ceiling on the escalation clause or you could be committing to paying far more for the house than you wanted at the end of a bidding war.

    Sample Real Estate Offer Letter – Clean Offer

    Dear Seller Name,

    We would like to make an offer for your house at 1234 Address. We love the layout and location which is close to local schools.

    We would like to offer $150,000. We are offering less than the asking price of $155,000 due to the required roof repairs. If you accept this lower price, we will not require that the repairs be made to close on the house.

    The price we are offering is reasonable given market conditions, comparable sales and the repairs the house requires.

    We do not need assistance with closing costs. We can close within a month if you would like. We look forward to hearing from you.

    Sincerely,
    House Buyer

    Sample Real Estate Offer Letter – Conditional Offer

    Dear Seller Name,

    We would like to make an offer for your house at 1234 Address. We love the layout and location which is close to local schools.

    We would like to offer $152,000. We are offering less than the asking price of $155,000 due to the required repairs. We noticed extensive repairs that need to be made, such as a new roof that needs to be installed.

    You can either fix the roof or file a claim with your insurance and give us the insurance money so that we can get the hail damage repaired.

    We do not need assistance with closing costs. Our mortgage is pre-approved, and we can close within 60 days. We look forward to hearing from you.

    Sincerely,
    House Buyer