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AsterKey makes proof-of-funds easier, more secure: Tech Review

Inman

AsterKey is a fintech app with real estate applications, the most notable being its ability to produce a secure, verified proof of funds letter while greatly minimizing the risk of exposure or fraud.

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Proof of Funds Letter for a Real Estate Purchase: Why Home Buyers Need It, Bad

Realtor.com

A proof of funds letter is a document that proves that a home buyer has enough liquid cash to purchase a home. The post Proof of Funds Letter for a Real Estate Purchase: Why Home Buyers Need It, Bad appeared first on Real Estate News & Insights | realtor.com®.

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Top 10 ways to get homebuyers to work with you

Housing Wire

Have the best, most-detailed lender’s letter or proof of funds so your offer won’t be tabled because it’s too vague or boilerplate. This also helps you level-set on their expectations for the homebuying process. Help them write a winning offer Understand what the seller is desiring beyond the asking price.

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Homeownership Terms to Know: Pre-Approval, Pre-Qualification & More

Windemere Buying

Before you begin your home buying journey , it’s helpful to know about pre-approval, pre-qualification, and proof of funds, and the role they play in a real estate transaction. Image Source: Getty Images – Image Credit: Thitiphat Khuankaew What is a proof of funds letter?

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Cash offer startup Accept.inc raises 90M in debt and equity

Housing Wire

” The process requires a pre-approval that once passed allow buyers to submit an all-cash offer with Accept.inc’s proof-of-funds. As of right now, Accept.inc only operates these services in Colorado, but the company is declaring itself the first “ilender.”

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Surprising Things You Should Know About Cash Homebuyers

Realty Biz

Cash Buyers Should Show Proof of Funds While not as complicated as being approved for a mortgage, cash homebuyers should show proof of funds for their offer to stick. Proof of funds is a document demonstrating that the potential buyer or entity has enough money to complete the purchase.

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More MLS Remarks

BubbleInfo

NOW EXCEPTING BACK UP OFFERS… AGENTS: PLEASE PROVIDE BUYERS POF AND LENDER APPROVAL OR, IF CASH – BUYERS PROOF OF FUNDS WHEN SCHEDULING A SHOWING. Please use your own directions. Seller only wants serious buyers. Do not sue ShowingTime.

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