Help With Motivated Sellers Needed

That say I BUY HOUSES
ANY condition
CASH
518-222-2222

Send letters to house that you buy houses. Stop and speak to owner.

Place Bandit signs at each end of street of house so the owners see it

VACANT houses are potential motivated sellers and here is a GOLD SCRIPT that works like magic to build rapport with absentee owners.

Dear [Name]
I'm a real estate investor, and I locate vacant homes to see if they present an investment opportunity. I found your home at [Address] to be vacant and checked records to locate you. I hope you're finding better circumstances in your new home, and would like to talk to you about the one you left behind.
I don't have enough information at this point to know if there's an investment opportunity in buying your home, but I'd like to know more. Can you please call me at ###-###-#### for a short chat? At the very least I can offer information from my experience as a real estate investor dealing with banks and negotiating short sale offers.
I'd like to offer my help, no strings attached, as I know that holding onto a home when you've moved away is a burden. If it turns out to be an investment opportunity for me, then that's great, as I can help you to avoid the unpleasant experience of a foreclosure. A short sale may be one approach.
I can't know if I can help unless you give me a call. Spend a few moments on the phone with me and we'll see how I can help. If it's a purchase, great, but I know that my experience can be of some value even if we can't make a deal. Thanks for your time.
Sincerely,

[Name]
[Title]
This is just ONE of MANY you can access if you try out INSIDER ELITE !!

You can TWEAK this to fit YOUR needs )

Here is a sample that many have found successful,

Dear (Owner's Name):

I was driving around in your area and noticed your house and was wondering if you might be interested in discussing selling your house. One of the areas I work in is buying houses that need some repair and rehabbing the property to improve its appearance and value.

I am local real estate investor that buys properties in (name your area) area. I am able to buy properties quickly for cash and usually can close within 30 days or less.

The typical process is a preliminary discussion over the phone to obtain some basic information. If that conversation is mutually agreeable then we can arrange for me to come by and take a look at your home to get a better understanding of its condition and what repairs may be needed. Then, we can work toward a fair selling price for your home.

If you are interested you can either provide me with a phone number where you can be reached or if you prefer you can call me at (your phone number) or via email at (your email address)

Sincerely,

(Your Name)

Thank you for all of you guys input. The sample letters are especially helpful. and I will be putting quite a few together.
I have found a FSBO that turns out to be a farmhouse built in 1907. 3BR/1BA/ Sits on 2 Acres. Seller told me their needs to be work done but when asked if he can give me an idea of what repairs are needed all he could tell me is the home needs ceiling tiles. Well DG Fam, I will be going to look at this property On Saturday to get a better idea of what needs to be done. Seller is asking $175k, Property records asses at $175.8k. Zillow estimates at $209k. Totalview estimates at $194k. I'm Thinking Totalview may be more accurate because they had local comps listed and Zillow had none. If I can get this property under contract, I would like to offer it to a buyer at 80% of FMV-Repair Cost-My fee.
If anyone has any ideas or tips,please post as this will be my very first prospect. At the very least, I just hope to gain some confidence and experience. Thanks!

Good job on the effort, if i were you i would offer less, prob 120k, if your not embarassed by your offer you offered too much. I would also get an agent that works with investors & have them send you comps for this prop, just tell them if you get off market deals you w/pay them $300-$500 whichever you feel good about paying.

The agent is the key to knowing the ARV, knowledge is power, zillow & totalview can be wrong, if you dont have an agent yet & you need to offer on the prop offer lower, you are safe that way, if they accept your offer bang you have a heck of a deal instead of an average deal or a tight deal.

thanks for the scripts

After taking 20% off the asking price,my profit and a rough guesstimate on repair costs, I was thinking that my offer would come out to between $120-$125k. Thanks for all of you guys input. I will get started on finding an agent with some of the criteria you stated,today. I will keep you all posted. I have a few more FSBOs to research and I will keep you all informed.
Any additional insight is greatly appreciated!