Earnest money deposit Proof of funds Residential Short sale 
HomeLight
JULY 31, 2021
Although it’s not as sure of a bet, you could also attract a regular residential buyer who has enough liquid assets to buy a house outright. Verify past sales. Harvell also suggests getting concrete proof that the buyer has purchased properties in their name as part of the vetting process. Verification of funds.
The Close
DECEMBER 29, 2022
Earnest money deposit. Also known as a “good faith deposit,” it’s the amount of money a buyer puts in escrow to show their commitment to purchase a property. This can lead to a short sale, foreclosure auction, and/or the lender taking possession of the property. Proof of funds.
Expert insights. Personalized for you.
98 
Let's personalize your content