Subject-To Offer Letter

[Your Name]
[Your Company]
[Your Phone]
[Your Address]
[City], [State] [ZIP]
[Date]
[Seller Name]
[Property Address]
[City], [State] [ZIP]
RE: Subject-To Purchase Proposal for [Property Address]
Dear [Seller Name],
I am writing to present a unique solution for your property at [Property Address]. I specialize in purchasing properties subject to existing mortgages, which can provide sellers with significant relief from their current financial obligations.
FULL DISCLOSURE OF SUBJECT-TO STRUCTURE
This is a "subject-to" purchase, which means the following:
I will take title to the property AND will assume responsibility for paying the existing mortgage to [Lender Name]. The original loan will remain in the seller's name, but I will make all monthly payments and handle all obligations to the lender. You will be relieved of the payment responsibility. However, you should understand that technically the loan may still appear on your credit report as open.
This transaction is fully legal and does not violate loan agreements. It is a recognized real estate strategy that does not trigger the due-on-sale clause in the vast majority of cases, as I am taking responsibility for the payments.
EXISTING MORTGAGE DETAILS
Based on property research and title review:

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