loi: COUNTRYWIDE REO BULK SALE PROCESS
- 02/23/09 12:26 AM
Sample Example Letter of Intent (LOI) Components LOI Components. These are the components we highly recommend a buyer use to communicate their order in detail to the REO Seller. Dollar Order Amount. Example $USD 20 Million. Offering Price. Based on availability and order amount Buyer offers to pay a "realistic" percentage of the "current value" of property based on Broker Price Opinion ( BPO ) held by the REO seller. BPOs are typically less than 30 days old. Pricing is stated as a range of BPO value. Based upon completed orders Valor can provide current pricing trends. BPO Delivery Range. Actual (37 comments)