June 2010 
There are 1 blog entries for June 2010.
Preparing to Successfully Buy A Home
Thursday, June 10th, 2010 at 4:48pm. 208 Views, 0 Comments.
Many times buyers begin looking at homes prior to knowing what they qualify for, what the mortgage payment would be for the home they are interested in, or liquidating the cash necessary for down payment or full payment. A lack of this type of ground work can result in challenges with the home buying process. Financial preparation is essential to being a powerful and successful home buyer.
Preparation is vital even if you will be buying with cash.
Did you know that in order to make a cash offer on a distressed property, the bank will require that a proof of funds letter accompany the offer? A proof of funds letter must generally be on bank letterhead, dated within the past 30 days, state how much money is available to purchase a home, and be signed by a…
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