Buying Your House With Cold, Hard Cash? Here’s Your Step-by-Step Guide
HomeLight
SEPTEMBER 9, 2020
Obtain proof of funds from the bank. If you make a cash offer and you want to be competitive, it’s a good thing to have a letter from the bank, advises Ludecker, in order to prove that you have the cash available. Providing a proof-of-funds letter is more secure than forking over a bank statement, which contains sensitive information.
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