11 Things to Know Before Buying a House
Redfin
SEPTEMBER 3, 2022
Proof of funds (POF): A POF is a lender-issued document showing how much money a person has to cover the purchase costs. When purchasing a home, you may need a POF to show the seller that you can cover the closing costs, purchase price, and down payment. Gather necessary documents ahead of time. Gather all documents in advance.
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