Updated almost 14 years ago on . Most recent reply
Proof of funds letter
I just made an offer on an REO property and need proof of funds. Could someone provide me a proof of funds letter for an REO?
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Jon Holdman
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Jon Holdman#3 Real Estate Deal Analysis & Advice Contributor
#3 Real Estate Deal Analysis & Advice Contributor
- Rental Property Investor
- Mercer Island, WA
If you made the offer stating its going to be financed, you would get this letter from the lender who's approved your financing.
If you made the offers stating its case, provide a copy of a bank statement with the same name as on the offer showing enough money to close the purchase.