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What Is a Letter of Intent (LOI) & Why It’s Key in Real Estate Deals!
A Letter of Intent (LOI) is the first step in securing a real estate deal! It starts the conversation between the buyer and seller, outlining key deal points like: 📌 Offering price & financing terms 📌 Key dates & contract timeline 📌 Negotiation framework before the final purchase agreement LOIs help investors lock in great deals, hedge ...
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