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Letter of Intent to Buy Property

Use this letter when you have located a property you want to purchase. Most likely, you will be sending a letter of this type to the property's current owner, but customize the recipient information to your individual situation. Include in this letter any pertinent details that need to be conveyed to the letter's recipient. A letter of this nature calls for a more formal, business-like style.

[Your letterhead, if desired; if not, your return address]

[Date of letter-month, day, and year]

[Recipient's first and last names]
[Company name]
[Street or P.O. box address]
[City, State ZIP code]

Dear [recipient's name]:

Thank you for taking the time to provide me with an extensive tour of the property that you are selling at 5650 Sycamore Lane. I am pleased to notify you that I intend to purchase this property.

I will call you this week to further discuss the details and to initiate the formal paperwork.

Thank you again, and please do not hesitate to contact me with any comments or questions.

Sincerely,

[Signature]

[Sender's first and last names]