What is loi and pof?
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Proof of funds in the private/hard money sector take place as an Letter of Intent, or LOI. LOR, COA,NDNC, LOI, POF, Escrow & Contract. A letter of intent (LOI) outlines the terms of a deal and serves as an “agreement to agree” between two parties. a) You send to us the end buyer's LOI (Letter of Intent) or ICPO (Irrevocable. Example of a LOI / ICPO.
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