THIS OFFER TO PURCHASE REAL PROPERTY (the "Offer") is entered into between. Utilize a Letter of Intent (LOI) to initiate negotiations for a sale, summarizing the terms of a forthcoming contract agreement.Send a For Sale By Owner prospecting letter to neighbors in 3 simple steps. Learn how to generate leads for your FSBO campaign. A simple, one-page cover letter is crucial to explaining your offer's basic details. It will help the average person see past any confusion they might have. Seller agrees to sell to Buyer and Buyer agrees to purchase from Seller certain improved real property commonly known as. "Generate a tailored demand letter to retrieve your personal property. A land purchase contract outlines a transaction between a seller who agrees to sell raw land to a buyer for an agreed-upon sales price. Use a letter of intent (LOI) template to show your interest in a potential transaction and set the stage for negotiations.