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Meet the Software Engineer Who Used Crypto to Buy His $650,000 Dream Home

Realtor.com

To afford the $650,000 home, Leonard opted to use his cryptocurrency investments to cover a down payment and as proof of funds for the mortgage he took out to buy the home — he opted for a mortgage, rather than buying the home outright, because of the low interest-rate environment. And I’m ready to pull the trigger right now.”.

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11 Homeselling Myths, Debunked

The Close

The real estate industry constantly changes. So, let’s turn up the brightness and shed some light on the real estate industry. If it’s a cash buyer, ask to see the pre-approval letter or proof of funds—and even if they have the contact information for their lender or banker.

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Luxury Real Estate Pros Reveal Marketing Secrets Used to Sell Miami Beach Property for a Record-Setting $75 Million

RIS Media

By request of the previous owner, prospective buyers that toured the property were not allowed to take photos, had to sign a confidentiality agreement and had to provide proof of funds. Four months is exceptionally fast to sell a home such as this.

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10 Things Your Real Estate Business Plan Needs (FREE Template)

Kyle Handy

Leverage: Use your expertise in the real estate industry to highlight your client’s strengths and make convincing arguments. Documentation: Ensure that all necessary documents, such as pre-approval letters and proof of funds, are in order.

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The Process for Buying Land with Cash in 11 Simple Steps

HomeLight

First, the seller is likely to want to see proof of funds. Proof of funds should be on an official letterhead from the institution where your funds are. The date, name of the account holder, and the balance of funds should all be listed. He has more than 22 years of experience in the industry.

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7 of the Top We Buy Houses for Cash Companies in Central Florida

HomeLight

House Heroes also provides sellers with a proof of funds bank statement. A company may be untrustworthy: As with any industry, there’s a risk of falling in with a less trustworthy company. House Heroes is a tight-knit team that promises to property sellers to buy houses in any condition or circumstance.

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The Keys to Marketing a Luxury Estate in a Highly Desirable Neighborhood

RIS Media

The buyer’s agents should really be doing proper vetting and making sure they have proof of funds so you’re not wasting everyone’s time by doing a showing. DA: With some agents, you know they’re not going to waste your time, but besides them you need to be sure you’re properly vetting buyers.