If anyone has an example they would be willing to share of a letter they used successfully in a past deal on an abandoned property or a suggestion for a good REI book that offers examples of letters, I'd be thankful for them.

Ask an attorney.If you close deals at a title company there could be a standard form they use.There are other investors who can share what they have.You can read books and other materials where an assignment is discussed and forms are shown.Best to pay for a valid contract that will work in your state that you obtain from an attorney.

Yet they act like it is a private club of just friends and family.To be more to the point...Some are in a service role providing something to the public (RE agent, book seller, mortgage broker, home inspector, REO portfolio bird dog, what ever).

Consider investing a small bit of the money in books as they will provide better leverage at this stage.John Corey

I was just wondering if someone could explain it to me or maybe tell me where I can find an E-book on the subject.

There are many good books and I am sure you will learn more on this site.John Corey

Using a lawyer is one way to help improve the odds as you now have the lawyer liability insurance on the line.Pick up William Bronchick's Wealth Protection book ~$14.00 on Amazon).

Get the RE books you think are interesting and camp out.

Places that have books on RE.

It could work better if the estimates were from two or more companies that were not your company.It could also be that the REOs are selling for higher prices than you want to pay so you are just not going to get many acceptances.Some deals will happen when the lender is facing pressure to get the property off the books.