Letter - Of Interest To Buy Property
Please note that this letter represents a non-binding expression of intent and does not create a legal obligation for either party. A formal Purchase and Sale Agreement would follow if these terms are acceptable to you. I look forward to hearing your thoughts. Best regards, [Your Name][Your Phone Number] Suggested Refinements
I am [pre-approved for this amount/prepared to provide proof of funds] and am ready to move forward quickly. letter of interest to buy property
I would require a [Number]-day period for standard inspections and appraisals. Please note that this letter represents a non-binding
Consider adding a line like "This offer is valid until [Date/Time]" to create a sense of urgency. $[Amount] to be held in escrow upon execution
$[Amount] to be held in escrow upon execution of a Purchase Agreement.
I am prepared to close within [Number] days of a signed agreement.
State your proposed price, earnest money deposit, and preferred closing timeline.