In real estate what constitutes proof of funds?

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In real estate what constitutes proof of funds?

2006-10-17 07:41:13 · 3 answers · asked by ? 2 in Business & Finance ➔ Renting & Real Estate

3 answers

I believe that is when the person who is trying to buy the property needs to show "proof of funds". documents that show you do indeed have the money necessary for the purchase.
A few months worth of bank statements and documents similar to that.

_Good luck

2006-10-17 08:35:22 · answer #1 · answered by COLE 3 · 0⤊ 0⤋

Bank statements. Investment account statements. Gift letter from the donor. Stock certificates. Bonds. Large wad of cash. You get the drift.

2006-10-17 15:33:59 · answer #2 · answered by Bostonian In MO 7 · 1⤊ 0⤋

Bank statements
or
Written Verification of Deposit

2006-10-17 16:34:31 · answer #3 · answered by Anonymous · 0⤊ 0⤋