Searching for Potential sellers.

[Erick Pough]

Today I typed up a "Interest In Property" Letter to to send out to "Potential Sellers". I also typed a Assignment Contract but before I use it, I want an extra eye to look over it. Meanwhile, I will just keep comparing it to others making sure I have a Solid Contract. I create a Questionnaire for the Potential sellers for collecting info about the property when contacted. I just want to be sure that all paper work is professional and organized before I start signing any contracts. I am looking for home in the Philadelphia area. How do I know if a Property is over priced. Any advise on how to determine or negotiate a base price for a property when the owner is asking for a higher price. I must admit, I'ma a bit nervous but I'm determined to my portfolio and  complete my first transaction. Any Beginners advise!