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how to become millionaire with real estate business_14

Author: how to become millionaire with real estate business

What You Should Say in Your

Letter to Potential Option Property Owners

Your letter to potential option property owners should be relatively short, sweet,

and to the point. There is no need to delve into the mechanics of a real estate option

transaction. Doing so will only further complicate the issue and will most

likely make your real estate option proposal more confusing to the property

owner. If the property looks especially bad, you might want to enclose a photo or

two along with your letter. Doing this will sometimes enhance your chances of

getting a response, once the owner gets a glimpse of the property in its current

condition. Your letter to potential option property owners should cover the following

seven points:

1. The full legal name of the person or business entity making the proposal.

2. The amount of the option fee to be paid.

3. The length of the option period.

4. The purchase price of the property.

5. The amount of the down payment to be paid.

6. The method by which the purchase is to be financed.

7. The method by which to contact you.


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