Foreclosures
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated 9 months ago,
Buying a foreclosure-proof of funds
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?