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Letter of Intent Real Estate Mobile App

The Letter of Intent Real Estate app is a form that allows a potential buyer to make an offer on property via a LOI. This app generates an LOI that serves as an initial good faith offer to be made on real estate. The letter is sent from a potential buyer to the seller of the subject property. The non-binding letter of intent lays out the prospective term of agreement in a non-binding manner, however, it is the first step to a purchase agreement between the parties. The letter covers the purchase price, an escrow deposit and the parts of said deposit that non-refundable, an inspection period, and financing terms, closing costs, and customary local real estate contract provisions. The letter, if accepted by the seller, creates a 72 hour stand still period where no other negotiations for the property can be entered into, or carried on, by the seller. The real estate agent's commission is also put forth in this LOI.

This app is an excellent way to generate an offer letter to purchase real estate, and ultimately should lead to the execution of an enforceable contract, and a closing on the subject property.

  • Lendlease
  • The Cooperative
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  • oxy
  • Red Bull
  • Mirvac

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Take a peek inside the Letter of Intent Real Estate Mobile App

Included Features

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Included Fields

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  • Ico statictext

    The purpose of this letter is to set forth some of the basic terms and conditions of the proposed...

  • Ico textbox

    Property Address.

  • Ico statictext

    Included are all permanent fixtures and all property that integrally belongs to or is part of the...

  • Ico statictext

    Price.

  • Ico decimal

    The proposed price is:

  • Ico statictext

    Of the proposed price the following will be deposited into Escrow with Investor's Realty, upon ac...

  • Ico decimal

    Escrow Deposit:

  • Ico statictext

    The following are the terms of this proposed Agreement: 1) 2% of the purchase price will be prov...

  • Ico statictext

    POSSESSION.

  • Ico statictext

    INSPECTION.

  • Ico statictext

    FINANCING.

  • Ico statictext

    CLOSING COSTS.

  • Ico statictext

    STANDARD PROVISIONS.

  • Ico statictext

    ADDITIONAL PROVISIONS.

  • Ico multiline

    Additional Provisions:

  • Ico statictext

    STAND STILL PROVISION.

  • Ico statictext

    NON-BINDING.

  • Ico statictext

    If you would like to discuss a Lease Purchase Agreement with the undersigned on these general ter...

  • Ico statictext

    The above Letter reflects our mutual understanding and sets for the basis for proceedings to nego...

  • Ico signature

    Seller Signature

  • Ico textbox

    Seller Printed Name

  • Ico date

    Date Signed

  • Ico signature

    Buyer Signature

  • Ico textbox

    Buyer Printed Name

  • Ico date

    Date Signed

  • Ico signature

    Listing Broker Signature

  • Ico textbox

    Listing Broker Printed Name

  • Ico date

    Date Signed

  • ...and More!

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