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Wednesday, January 25, 2023 11:11:00 PM
Most LOIs presented by buyers include one or two sentences regarding due diligence, usually addressing the length of due diligence and access to the necessary information to conduct due diligence. Most buyers request 60 to 90 days. I recommend countering with 30 to 45 days. The process can always be mutually extended if necessary. The more effort you have invested in preparing for due diligence, the shorter the due diligence period can be. https://morganandwestfield.com/knowledge/letter-of-intent
DEC 19th Over 30 days now, hopefully we hear something soon, most LOI's I've been in took 30 to 90 days
https://twitter.com/OfficialVXIT/status/1604857734150627332
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