Documents to present for proof of funds to an agent

Augusta

VIP Contributor
After agreeing to an offer, sellers will demand that a buyer submit proof of funds.especially if one is buying a house with a mortgage. This is to enable the agent know that the buyer have the cash available for a down payment and closing costs.

Again, If in a case cash payment your proof of funds also shows that the buyer have the money to pay.

The following documents needs to be presented as proof of funds:

Your certified financial statements, that is signed by an accountant

online or offline bank statements with bank letterhead as proof

if any a copy of a money market account balance
 
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