<p> Sample REO Offer Cover Letter to Lender</p><p>The text below is your basic layout for your cover letter to go with your offer to purchase an REO from the lender after the trustee sale. Note that this sample text is meant to send the lender a clear message that you are a serious buyer. It states your intentions and how the lender will benefit from accepting your offer. Any terms identified below are optional, and should only be included in your own cover letter if you intend to follow through with them. Address the cover to a specific party at the bank, if possible.</p><p>(Date)</p><p>Re: Attached Purchase Offer for Repossessed Property</p><p>Dear (Bank or Bank Representative),</p><p>Please consider the attached offer for the repossessed property located at:</p><p>123 Alphabet Street Anywhere City, CA 99999</p><p>If you accept this offer today:</p><p>1. You, as the seller, will have no commissions to pay a realtor. 2. You, as the seller, will not have to pay clean-up or repair costs, as I am willing to accept the property in “as is” condition, subject to inspection and approval. 3. You, as the seller, will not incur any holding costs, as we can enter escrow immediately and close escrow in only _____ days. 4. You, as the seller, will incur no eviction costs, as I am willing to accept ownership without possession. I will see to eviction of the previous owner myself.</p><p>Please contact me immediately with any questions you may have regarding this offer. I would like to review and respond to your answer and open escrow immediately. Sincerely,</p><p>______John Q Public / Date</p>