When buying property, to submit the most serious offer, it’s best to submit a formal Letter of Intent. There are several components that go into this process, and you’ll want to do research to ...

Even as a letter of offer is an important primary document, some buyers who want to buy property hurriedly instruct their lawyers to by-pass it. But some of the buyers cannot be blamed as sellers ...

A letter of intent, or LOI, Jones says, “outlines the basic terms of a proposed contract, lease or option (and is) sent to the property owner in hopes that an eventual agreement will be accepted.

Millcreek Township supervisors unanimously approved a letter of intent on Tuesday indicating interest in acquiring the Zem Zem Temple property at 2525 W. 38th St. The proposed purchase of the ...

The city of Sturgis will take its time and solicit public input before deciding what to do with the fairgrounds property.

While the letter of intent does not mean the deal to purchase is cemented ... however Knight has told the Birmingham FOX affiliate that the property has a $55 million appraisal value.