Sample Letter/offer To Junior Lienholder Letter Template

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Sample Letter/Offer to Junior Lienholder
Your Letterhead
Date
Second Mortgage
Attn: Mr. Bank Rep
Re: Loan No. 44444
Dear Mr. Bank Rep:
This letter serves as our offer of $1,000.00 as payment in full
for the above-referenced loan on property located at 123 Address
Street, Somewhere, Florida.
As you are aware, Bob and Sally are facing foreclosure and
the sale date is coming up soon. I’m sure you’ve been notified of
the foreclosure and that your lien of $25,000.00 will be wiped out at
the sale.
Due to the extreme hardship Bob and Sally are under as well
as the condition of the property, we not only urge you to accept our
offer, but we request that you also waive any deficiency judgment
in your favor.
Also attached, please find my authorization to release,
hardship letter, comparable sales in the area, photos, and
contractor’s estimate of repairs.
We are trying to close as soon as possible and need your
assistance to make this deal work.
Upon your review of the attachments, please contact us as
soon as possible at the letterhead number to discuss your approval.

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