Offer Letter Template
Started by jaspernonbeliever
about 12 years ago
Posts: 90
Member since: Jun 2008
Discussion about
I am looking to buy, but am not using a broker. There is an apartment that I identified for which I would like to make an offer. I reached out to the selling broker about my intent (planned to make the offer verbally) over a week ago but have not heard back. Therefore, I would like to send something in writing, but it's unclear what needs to be included (i.e. mortgage contingency). Does anyone have an offer template that they could share?
Surprised that the seller's broker was not more than happy to help. Now that he doesn't need to share his commission fee with another broker.
At the risk of sounding like a shill, why not work with Keith Burkhardt? You've already found the place, he'll handle the formalities and you'll get a rebate at closing.
I've definitely had experiences with listing agents who aren't receptive to unrepresented buyers. Like vic64 points out, it defies logic... my guess is that they perceive such buyers as not being serious.
I'll send you mine- got it from a broker once- kept using it for future offers.
give an email
The listing agent should be getting back to you and letting you know what's required. This is especially important if the building is a Coop requiring board approval.
Listing agents meet all kinds of fruitcakes. If you're serious it's important to convey it.
Send a polite, gracious email with the following bullet points:
--Amount offered, with amount and percent of down payment or "all cash/no mortgage contingency"
--Pre approval/pre qual for mortgage with name of lender. Also attach the letter. If paying cash, attach proof of funds, which is a computer generated statement of your account(s).
--NAME AND CONTACT INFO OF YOUR ATTORNEY----this really separates the tourists from the buyers. It's always a shock to meet a buyer who has not thought at all about who their atty might be.
--Terms, especially flexible closing dates, or desired closing time, or anything you think the seller might like to hear. An example might be that they don't have to remove the child proofing
--Full names, addresses and detailed contract info for all buyers
If a co-op, offer to fill out a financial information form immediately as well, and supply pet info.
>It's always a shock to meet a buyer who has not thought at all about who their atty might be.
Really? only in America is it more important to get a lawyer before you have a hint you'll transact.
Aboutready, what do you think of this? You've said on SE that the overwhelming majority of NYC residential RE lawyers are incompetent idiots. Do you think that a first step before finding an apartment is to get a lawyer?