Letter of Intent to Purchase Real Estate

Fill out this form which will auto generate an LOI and send to the seller for signature. You can edit the LOI template under account - contracts.

Buyer Name LLC: *

Buyer Full Name *

Seller Name LLC: *

Facility Address *

Legal Description *

APN: *

_________________________

OPTION 1:

Purchase Price (Cash / Conventional):

_________________________

OPTION 2:

Purchase Price (Seller Finance):

Down Payment

(typically 10% of seller finance purchase price)

How many years Amortization?

(typically 30 years)

What Interest Rate do you want to offer?

(typically 4%)

What's your Monthly Payment? (5 Year)

What's the Total Interest for 5 years?

What's your Monthly Payment? (10 Year)

What's the Total Interest for 10 years?

How many days do you want for the Inspection Period? *

(typically 60)

How many days do you want to deposit Earnest Money? *

(typically 10)

Earnest money amount? *

(dependent upon purchase price)

How many days to execute a Purchase Agreement? *

(typically 5)

How long for a Financing Period? *

(This section is usually marked as TBD or filled with "* days.")

Closing shall occur in how many days after removal of contingencies? (Cash / Conventional) *

(typically 30)

Closing shall occur in how many days after removal of contingencies? (Seller Finance) *

(typically 20)

Acceptance Period is valid for how many days for this offer? *

(typically 7)