Dear Wells Fargo,
Congratulations! You've bought a house! I know you are going to be very happy there. The schools in the area have a great reputation. What's more, there is a community pool, tennis courts, and an extensive trail system throughout the area's lakes and open space.
Even though you have never seen the house or been inside - in fact, you aren't even in Colorado - I know that you will appreciate the 5 bedrooms and 4 baths. The basement is set up perfectly for out of town guests, with its full bedroom and bath and large rec room. I'm sure you will have a lot of visitors who will want to take advantage of your hospitality, so you'd better make sure you have plenty of towels!
And what a wise choice you have made, declining the short sale offer that was $8,000 more than what you have declared to be the opening bid at the foreclosure auction. So shrewd. I'm certain that the legal fees and holding costs and loss you are taking on the original loan are much, much less than that. What an excellent business decision!
Plus, this house has so much room! Not to mention a 3 car garage and large yard with a brick patio. Oh, Wells - may I call you Wells? - imagine the warm summer days you will spend on the patio barbeque-ing with your friends. Will you invite Bank of America? And Citigroup? And Chase?
Enjoy your new home! I can only imagine that when you saw this beauty come up in your loss mitigation files, you could hardly wait to move in. Why else would you force this foreclosure auction when there is a valid offer in the works? You knew the sellers were in dire straits when you got their hardship letter. Loss of income? Pish! Terminal Cancer? Tosh! You wanted this house, and - by golly! - you got it.
Nice job. Have fun at the auction! Oh- and don't forget that you need to bring certified funds for the full amount of your winning bid.