Monday, July 6, 2009

Letter Of Intent and Appraisal

The owner has officially accepted our Letter of Intent that will hold the property for 60 days while we finalize the agreement. The 60 day period begins when we receive the appraisal for the property.

We have been promised that we will receive the appraisal on Thursday, July 9th. We will update the blog when we receive the appraisal and as we continue to work out the finer points of the agreement.

Thanks for your patience. This is a process that has a lot of steps. The team is making sure that we cross all the "t's" and dot all the "i's".

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