If you intend to purchase a house, it is better put it in a letter so that the seller can hold it for you. While technically not legal documents, letters of intent serve to halt a seller from selling the property you want to someone else. Imagine making the rounds and finding the perfect house – something that you have been looking for all your life! If you find yourself in such a situation, it is a good idea to write a letter of intent to purchase the house and sent it immediately before it slips through your fingers.
A letter of intent to purchase a house may also be written to buy some time especially if a situation such as “cash lock” has transpired. You can send a letter of intent which will develop the seller’s interest because he will believe in your genuine interest and will hold the property for you – giving you time to arrange the funds.
There is no “correct” template that you can use to write a letter of intent to purchase a house. You should keep it formal but refrain from using flowery or intense legal language. You want the seller to be attracted to your offer, not put off by it. Here is how you can write a letter of this type.
October 26, 2014
Mrs. Nancy Lockwood
637 Pike Street
Alexandria, VA 01928
Dear Mrs. Lockwood:.
This is with reference to 88 Pine Street, Alexandria, VA, which is a double storied house registered under your name. I was passing by Pine Street and stopped to examine your house after seeing the “for sale” sign in front of it.
The gatekeeper informed me that I could have a look at the house and I liked what I saw. This is exactly the type of house I was looking for and I believe that it will be within my financial range as well. I moved to Alexandria three years ago and have been living on rented property ever since. I intend to settle here once I get married in June next year and can only do so if I find what my fiancé and I have been saving up for our entire professional lives. My fiancé will be back from a business tour in a week’s time and I would like to show him the house too even though I am positive that he will like it as much as I do.
Please consider this as a letter of intent to purchase the said property. I would like to set up a meeting so that we can discuss the price and handing over details as soon as my fiancé returns. I would appreciate it if you would call me at (666) 666-6666 at your earliest convenience so we can set up a date to meet in person.
Thank you for your time.
11 West Ave
Alexandria, VA 58415
dalia @ email . com
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