11-20-2006, 07:04 AM
| | Need feedback on pre-foreclosure letter
This is my first ""Pre-foreclosure Letter"" to a homeowner. I need some feedback. e.g Should I refer to my client as an investor or a homebuyer? And was I right about the ""boosting your credit"" line?
Here it is:
[insert homeowner name]
[insert homeowner address]
[insert homeowner city, state, zip code]
[insert today’s date]
Dear [insert homeowner name],
My name is Darnell Jackson and I represent an investor that is interested in purchasing your home before it goes into foreclosure. Over 115,000 people entered some stage of the foreclosure process just last month, so believe me when I say ‘you’re not alone in this’. As a matter of fact, I was in the same position around this time last year. So I know exactly what you’re going through, and I would like to help by making an offer on my client’s behalf that would payoff your current mortgage (boosting your credit score) and put some money in your pockets at the same time.
I am not a real estate agent and you wouldn’t be responsible for paying any fees, commissions or closing costs. The investor pays everyone, including you. This is my job and my passion. I help good people out of difficult situations by advising them of all of their options and helping them make the best out of an unfortunate state of affairs.
As you may already know, having a foreclosure on your credit history can cause a lot of problems not only now, but also well into the future. I think that we can work together to avoid that. My associates and I will also work to help you find a new home, again at no cost to you.
If you feel like you’re out of options, don’t give up until you know exactly what options you have. There may be some that you haven’t explored. Whatever you do, don’t sit around and do nothing. That’s what I did when I thought I was out of options, and I regret it everyday.
If you decide you want to take action, please feel free to call me at anytime. My door is always open, and I look forward to us working together to get you through this difficult time quickly and easily.