And through the process i learned so much, from talking to the sellers, to presenting a deal to a cash buyers,and then to the closing table/ And through that I had bumps and bruises and angry callers, to sounding like a complete idiot talking to sellers,deals fall apart at the closing table, horrible mailing campiangs, spending marketable dollars getting nothing in return... but through it all Thats where i got my knowledge.

There are always risks, if things start going down hill a little reminder of "you begged to get into this one" might make things easier to control the deal.

Do you mail to all types of exec's and admin's??

Buyer agrees to use best efforts to pay off existing loans that are in sellers name within five years of close of escrow.)Protection for the sellerBuyer will execute a quitclaim deed back to the seller, which is held in escrow unrecordedHow to protect the buyer in the chain of title and potential future creditors of the seller.For the buyers protection a lien of some percentage (I like to see at least 20%) of the purchase price in favor of the buyer executed by the seller will be recorded a "Sellers Performance Deed of Trust" The buyer will appear to be a juniors lender for public record purposes.The seller is protectedFor the sellers protection a reconveyance of said deed shall be executed by the buyer, which would be recorded in the event of a default upon request of the seller, which remains uncured for sixty (60) days upon written notice of default, has been mailed to the buyerThis would allow the management company to unilaterally remove buyers cloud on the title by using the pre-signed reconveyance if the default was not cured as outlined.You might be interested 1.

I have done a couple casual yellow letter mailings during the past year with mixed results, and am currently trying to gear up for a solid, dedicated mailing campaign to see if I can actually convert something into cash in hand.I guess that's it for now.Cheers,Nathan

If you don't have to bring any cash, documents, etc. to closing then I'd have the title company email a copy of the HUD 1 closing statement for review a day or two before just to make sure all the numbers are right.Assuming that there are no issues during the inspection and closing goes smoothly, have them hold your keys until you get back or mail them to you.

Has it been more than a month since this mailing went out?

However for these acquaintance prospects, I'm considering mailing a postcard or calling on the phone to gauge interest.

Good example why buyers should use a loan servicer.Mail your payment, certified mail return receipt requested, if it is not accepted on delivered your letter/check will be returned.

Well your number one problem is your mailing to people who generally have something for sale and it didn't sell because it was overpriced so you have a prospect not likely to even come close to the price you as an investor will want to pay and just may even not even have a ounce of motivation.I would just ask them to tell me about their situation.