Letter Of Intent

Date:

RE: LETTER OF INTENT

TO: ________________________ _____________________________ _____________________________ _____________________________

This document is intended to be a letter of intent to purchase a portfolio of REO properties.

My verifiable funds available for the purchase are: $ __________ USD Areas of the USA I am interested in: ____________________ Condition: ___________________ (example 0 to light rehab) Other restrictions if any: (example no condos, no raw land, no heavy rehab, no residential)

FOR YOUR AUTHORIZATION FOR VERIFICATION AND PROOF OF FUNDS:

Name the Account is in: ________________ (example “Smart-Buy REO Investors, LLC”) Bank or Financial Firm Name Where Account is Held: ____________________ (name) Person at the financial Institution who can verify funds: _______________ (name), Phone Number _______________________.

We desire _____ days for due diligence.

This letter of intent is subject to buyer and seller reaching an agreement on price for a given portfolio and other material terms of sale.

BY: ____________________________________ Title: _____________________________