Why use a Letter of Intent?A Letter of Intent is a great tool to use in order to gauge the viability of purchasing a property given the price and terms you are looking for.A lot of times, I will use a LOI when I am trying to purchase an investment property for much less than the Seller is listing the property. I may also use a LOI if I am unfamiliar with the property and the area. I like to use a LOI in these cases to start the negotiating process while I do some due diligence work during the process.
The NLI is NOT required to receive athletic scholarship _ While the NLI is not required to receive an athletic scholarship, understand that no financial aid commitment is guaranteed. Once the NLI is signed, the athletic award amount becomes guaranteed and recruiting by all other NLI member institutions must cease.