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 When buying house is Letter of Intent necessary ?

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TStopearn
post Nov 17 2017, 11:41 AM, updated 9y ago

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Can we skip the Letter of Intent (that's when the 2% booking fee paid to buyer done) ?
Means since buyer and seller sure to conclude the sale, why bother with LOI ? Can just sign the SPA when ready, and thus need to meet up just once to conclude the sale.


 

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