Do anyone have a sample/template letter of intent (LOI)?

I chose to do FSBO because the agent I wanted to list with had a few things in her contract that I would not agree to, and a couple of others I wanted to discuss with the intention of removing them or easing up on them.

We were always truthful with our intentions and they should have been with theirs.

There is such a thing a good intent being hijacked by those of another ilk.

By partnering with people who are strong where we are weak we can accomplish so much more than we could alone.I was intentionally creating a headline that had "nothing" gut reaction, so I'll put this another way.

At this time during the last presidential term Obama was saying he had no intention of running for office.

We have had preliminary discussions with their representatives and they are supposed to bring us a letter of intent in the next few weeks.

My original intention was to buy low and wait for the market to recover, but now I am thinking about a flip after the 3 months fannie makes me wait.

I understand that the property has been mortgaged for upwards of $250k in the past, although it has appraised in the last year for $140k and been assessed by the county for around $180k.The intent is to use it as a church, not sell it or hold for future development.

What they ALL fail to mention or specify is that not ALL short sale transactions are fraudulent, not all investors are crooks and of those that are, they are a small minority in which the guilty party failed to properly disclose and had full intent at the start.If you as an investor negotiate to buy a property for under market value and disclose to the short sale lender your intent to immediately re-sell for a profit, then no fraud occured and no laws were broken.