Friday, September 17, 2010

Pre-auction Letter

John Doe
Street Name
City, State, Zip
Phone Numbers
Email address

Floyd and Marilyn Horn
514 SE 50th Street
Oklahoma City, OK 73129


Dear Floyd and Marilyn,

I am interested in buying several properties in Love County and
according to their official records it shows you own the following property:



Legal Description: Phase 1, Unit 3, Block 8, Lot 2, Falconhead.

Parcel Number: 123-456-210

According to the Love County records it shows that your
property has been delinquent for three years. This is your last chance
to receive any money for your property because your right of redemption
is expiring and it is scheduled to be sold at an auction on May 15, 2008 and
YOU WILL RECEIVE NOTHING.

If you are going to let your property go to tax sale, I am
interested in buying it. I will pay off your delinquent
property taxes and, additionally, pay you Two Hundred Fifty
Dollars ($250.00).


If you want to sell your property, you must do the following:

1. Sign the enclosed deed, transferring title to your property
from you to us before a Notary Public. I will reimburse you
the cost of the notary fee. Send me a receipt and I will reimburse you.

2. Thereafter, send me the deed in the enclosed, self-addressed,
stamped envelope

Upon receipt of your deed, I will have the title to your
property researched to verify that you have a clear title. Upon
such verification, I will send you a check for the $250.00
together with the cost of the notary fee.

If you need to contact me, you can either phone us at (555) 555-
5555, or email us at xxxx@xxx.com. If no one answers the phone,
please leave me your message together with your name, phone
number and the best time for me to call you.

Sincerely yours,

John Doe

P.S. Since I have a limited amount of money to invest and I
am contacting several other Falconhead owners in your same
situation. Please let me know as soon as possible if you want to sell

WHERE TO FIND DEEDS

You will prepare the deed by going to www.vuwriter.com. On the first page Click on “OK”. Look for the word “Forms” in the list on the right side of the page. Then you will see abbreviations for every state in the United States. Pick one of those states and there are several documents for each state, including deeds. These deeds have been prepared by a title company and have everything that the different states require for a deed. Find the quitclaim deed for the desired state and click on the deed. A document will appear and you need to copy the information and paste it into MS Word or another word processor so that you can manipulate the document.

You can also go to www.google.com and search for “quit claim deed (state name)” and find many professionally created “PDF” quit claim deeds that are free to download and use.




HOW TO FILL OUT A QUIT CLAIM DEED



Most Quitclaim Deeds need to be edited. Plus there are 4 areas that need to be included on the Quitclaim Deed.
1. The owner’s name or names: The owner is the seller. So look for the word Grantor as a place to enter his name. It needs to be entered exactly as you find it in the legal documents associated with the propery.
2. Your name or company needs to be entered. Look for the word Grantee or sometimes it may say “Convey to:” that is where you enter your information the way you want it to appear on the Deed. This is one area you can use your LLC or company name.

3. The Legal description will go in an area the may say “described as:” The easiest way to enter this is to copy from the original source and past it in this spot.

4. Somewhere on the form it will usuall say: “For the sum of $10 or $1″ This is where you enter the dollar amount you intend to offer the owner for his property: Two-Hundred Fifty dollars ($250).

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