Earnest money deposit Finance Pre-qualification Proof of funds 
Dwell Real Estate
JANUARY 30, 2020
When an offer is submitted, seller's prefer to see proof of funds and/or a pre-qualification letter to be sure they are dealing with a qualified buyer. Submitting the proof of funds or pre-qualification letter with the offer makes you a stronger buyer in the eyes of the seller.
The Close
DECEMBER 29, 2022
A short-term loan that covers the cost to build a property until the owner can secure long-term financing. After a good look at their finances, a nice long chat with their financial advisers, and an extensive application with a mortgage lender, they might finally have an answer. Earnest money deposit. Contingency.
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