2.) Some buyers will want to skip the LOI and instead submit a full purchase contract. They figure, why should they pay their lawyer to draw up both documents. But a purchase contract requires a significant amount of time and attorneys fees to draft. Once the buyer has made this big investment in legal fees, it puts a lot of pressure on them that is detrimental to the negotiating process.
College Letter of Intent Day is a Day to Celebrate Your Student Athletes Accomplishments! National Letter of Intent day for high school football players is a very momentous time. The excitement of choosing the college of your choice that you will play college football for is a very tough decision. High School players need to keep three things in mind when choosing a college to play football. Student athletes need to keep in mind academics, coaching staff, and competition.