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)

 

Andrew Clemente

Anaheim Hills, CA

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United American Mortgage Corporation

Address: Anaheim, CA, 92808

Mobile: (949) 677-6394

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