Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
BPCON2026 Orlando

October 2 - 4 Early Bird tickets are now ON SALE. Purchase your tickets today and save $100!

Get tickets
BPCON2026 Orlando

October 2 - 4 Early Bird tickets are now ON SALE. Purchase your tickets today and save $100!

Get tickets
Followed Discussions Followed Categories Followed People Followed Locations
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 2 years ago on . Most recent reply

User Stats

52
Posts
13
Votes
Sunny A.
  • Real Estate Agent
  • South Jersey and Philadelphia, PA
13
Votes |
52
Posts

Buying a foreclosure-proof of funds

Sunny A.
  • Real Estate Agent
  • South Jersey and Philadelphia, PA
Posted

I am working on buying a foreclosure in my wife's name as an all-cash deal.

The bank/lender who is selling wants the proof of funds as a bank statement with the exact name of the person on the contract. So it should be in my wife's name.

But, I have all the funds in my name. Since they want a statement and not a screenshot, I cannot simply add my wife's name to the account.

Has anyone dealt with such a situation before?

Loading replies...