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Updated over 4 years ago,
What to Include in my Letter to Heirs
Hello BPer's,
After years of research on investment properties, I am looking to finally take the plunge! I have come across a home in my city that has been sitting vacant for some time. I did some research through the city tax assessors office and discovered that the home is that of an elderly man who passed a few years back. The City's records show that the house is owned by his heirs. I did my leg work and established just about all of their addresses. I plan on sending a letter to each family member and I am looking for advice on what should be included in the letter. Do I keep it short and sweet and let them know I am interested in potentially buying the property? Do I throw an offer in there? My only worry is it may give them a bad taste and turn them off enough to not respond. I want to captivate them enough that they will want to respond.
Thanks for your suggestions in advance,
Patrick