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Updated over 8 years ago on . Most recent reply

Account Closed's profile image
Account Closed's profile image
Account Closed
  • from Cincinnati, Ohio
  • Member since Jan 19, 2015
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • from Cincinnati, Ohio
  • Member since Jan 19, 2015
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Account Closed
  • Cincinnati, OH
0
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11
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Foreclosures

Foreclosures

Account Closed
  • Cincinnati, OH
Posted

My REO Realtor said I need a POF letter to have my offers looked at,do I just simply tell my buyers I need a POF from them or what?

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Derek Montes's profile image
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Derek Montes
  • Realtor
  • from Houston, TX
  • Member since Feb 25, 2015
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Derek Montes's profile image
Derek Montes's profile image
Derek Montes
  • Realtor
  • from Houston, TX
  • Member since Feb 25, 2015
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Derek Montes
  • Realtor
  • Houston, TX
4
Votes |
27
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Derek Montes
  • Realtor
  • Houston, TX
Replied

From an asset managers point of view, we want proof of funds, if unable to furnish then the buyer is not serious and not worth the time. And we never allow for assigning from one buyer to someone they want to assign, we don't like surprises.

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