Proof of Funds
It is strongly recommended that your offer be submitted with a proof of funds or a preapproval letter. In fact, many corporate, and investor, sellers insist on receiving proof of funds with any offer. A proof of funds provides assurance to the seller that the proposed buyer has financial capacity to perform on their offer.
Corporate sellers and traditional sellers will favor offers that specifically show the proposed buyer's financial capacity to complete the purchase as proposed.
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