Tuesday, January 17, 2012

Letter of Intent

My broker just called up to request me to prepare a letter of intent to purchase my unit since the buyer was informed that it will take 60 WORKING DAYS (from yesterday 16 Jan) for my loan to get processed. That's already maximum no. of days, which gives me until 9 April. Gosh! Such a looooong long time! But I don't have any other option. And so the WAITING begins.

As for the letter of interest, I found a site which shows the "how-to" of preparing an LOI and a sample. Since I have every intention of purchasing the place, I guess I have no problem doing it. I just need to consult a lawyer and ask them to review it so I don't get myself into trouble of something. Gosh it's sooo hard to be an adult. =)

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