New Letter of Intent

SELLER OR BROKER NAME:

PROPERTY NAME:

PROPERTY ADDRESS:

PURCHASE PRICE:

EARNEST MONEY (1% of Purchase Price. Round up to nearest $25,000. Example: If 1% of purchase price is $112,500, round Earnest Money amount up to $125,000):

AMOUNT PAID AT CLOSING (25% of Purchase Price):

LOAN FROM BANK (75% of Purchase Price):

DD Days: