Home Forums Financing What is a LOI and how do I write one?

Viewing 1 post (of 1 total)
  • Author
    Posts
  • #13838

    My husband and I are interested in making an offer on a laundromat and the broker (who is extremely unhelpful and noncommunicative) said we could make a “bid” and we needed to write a LOI.

    What exactly is that? Any templates to go by? I’d like to make sure the offer has a time limit because this woman has strung us along for months without any communication other than telling us what she expects from us as a potential buyer. She does not answer questions. Any advice appreciated.

    • This topic was modified 3 months, 3 weeks ago by Alvin Espino.
Viewing 1 post (of 1 total)
  • You must be logged in to reply to this topic.