Quote:
Originally Posted by kathyspear
We have (in the past) paid cash for real estate purchases. We had to show proof of funds. They didn't just take our word for it that we had the money.
kathy
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My former spouse just bought a home with cash a few months ago and had to show proof of funds. It was not a big deal. She sold her previous house to a cash buyer and her listing agent made sure she received proof of funds from them. As a seller I certainly would not want to take my house off the market for a period of time only to find the "cash buyer" could not come up with the money.
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Last edited by manaboutown; 06-03-2020 at 07:32 PM.
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