By The Kent Redding Group
AUSTIN, TX. – Are you planning on buying a home in 2018? If so, one of the many things that you will have to present to the buyer is a proof of funds letter.
A proof of funds letter verifies that you indeed have the funds or “liquid cash” to purchase the home that you’re interested in buying.
In today’s competitive real estate market every home buyer must present a proof of funds letter to the seller because this letter will give the seller confidence that you are able to afford the home.
All Buyers Need A Proof Of Funds Letter
Regardless if you’re paying cash or financing an Austin Texas Home, you’re going to need a proof of funds letter.
While lenders will delve deep into your finances to ensure…