Sample Letter of Intent 2
John Jones
12345 Oak Street
Anytown, USA 44321
Re: 145 S. Main Street
Anytown, USA 44321
Dear Ms Seller, This non-binding letter of intent is being written to convey my
sincere interest in purchasing your above-mentioned property. I am willing to
purchase the property under the following terms and conditions:
Purchase Price: $_____________
Down Payment: $_____________
Balance Payable: $____________
I will provide you a note to be paid over a reasonably short amount of time for
the down payment, and I would ask that you take back the balance of the purchase
price secured by the property with a Trust Deed. I will make payments of
Interest only, or more, each month with the complete balance due in a period not
to exceed 96 months.
OR
I can offer you a cash purchase for $93,372.00 and close escrow in 30-45 day
period. If this offer is acceptable, I will give you $500.00 earnest money when
we execute a contract and the balance of the down payment when the transaction
closes.
In the event that we move forward to a full purchase contract, earnest money
will accompany the purchase contract.
I look forward to a prompt favorable response from you so we can draw-up a
contract and close at a mutually agreeable time. This Letter of Intent will
terminate if not responded to before midnight (month/day) _______________, (yr.)
____________.
Sincerely,
Joe Investor