We offer to send a well written LOI directly to the seller's closing attorney. If she approves the LOI and choses to engage with your buyer, then she will contact the buyer or the buyer's authorized representative and request a verifiable proof of funds. If they provide a verifiable POF then the deal is guaranteed to close. There are no other paths forward.
Question: Will we send a SCO to solicit an LOI?
We have about a dozen seller created SCO offers. We have direct relationships with these “sellers,” yet we no longer believe they are worth pursuing. We will send them to you if you want to see them and use them to get your buyer to send an LOI. This is no longer part of our business strategy. We now only offer access to the seller's closing attorney and the two step approach explained above.
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