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Updated over 12 years ago on . Most recent reply

Joy Adams's profile image
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Joy Adams
  • from Edgewood, Maryland
  • Member since Jun 27, 2012
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Joy Adams
  • from Edgewood, Maryland
  • Member since Jun 27, 2012
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Joy Adams
  • Edgewood, MD
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Foreclosures

Proof of funds letter

Joy Adams
  • Edgewood, MD
Posted

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
  • Rental Property Investor
  • Mercer Island, WA
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Jon Holdman
  • Rental Property Investor
  • Mercer Island, WA
ModeratorReplied

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.

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