How to wtite a “Letter of interest”?

Question

Ned Carey · Answer

@Fou Saelee I see it is your first post so welcome to BP

Tom and Wayne are both right. It is letter of Intent and is normally used on large commercial transactions. If you are trying to purchase a SFH, an experienced seller will know you are new and inexperienced.

If the property has been vacant for years a verbal offer is fine to get things started.

ALL that said they may be an example in the FlePlace under the tools tab above.

Wayne Brooks · Answer

LOI’s aren’t used with single family homes, no need for them and they serve no purpose on s sfh, just make an offer.

Tom Gimer · Answer

I assume you are referring to an LOI ... letter of intent.  Spells out material terms and assumptions. Plenty of samples online; tailor to your transaction.

How to wtite a “Letter of interest”?

Most Popular Reply