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Sample Letter of Intent 1

 Dear:

This non-binding letter of intent is being written to convey my sincere interest in purchasing you property located at ______________________, _________, __________________. I am willing to purchase the property under the following terms and conditions:

Purchase Price: ________________________
Down Payment: ________________________
Balance Payable: ________________________

If this offer is acceptable, I will give you $_______ earnest money when we execute a contract and the balance of the Down Payment when the transaction closes.

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) ___________, (year) _________.

Sincerely,