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Distressed homeowners have a new path to avoid foreclosure

Housing Wire

Auction.com has long been a leading platform for bank-owned (REO) and foreclosure sales to real estate investors and others seeking a discount. For those who are struggling to repay their mortgages, the process aims to help them avoid foreclosure and retain their home equity.

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AsterKey makes proof-of-funds easier, more secure: Tech Review

Inman

AsterKey is a fintech app with real estate applications, the most notable being its ability to produce a secure, verified proof of funds letter while greatly minimizing the risk of exposure or fraud.

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How to Find Cash Home Buyers in Stockton for a Hassle-Free Home Sale

HomeLight

Before signing an offer, ask for proof of funds It’s essential to choose a reputable cash buyer with readily available funds. Ask the cash buyer for proof of funds—this could be a bank statement or an official letter from the financial institution showing the account balance.

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Cash offer startup Accept.inc raises 90M in debt and equity

Housing Wire

” The process requires a pre-approval that once passed allow buyers to submit an all-cash offer with Accept.inc’s proof-of-funds. As of right now, Accept.inc only operates these services in Colorado, but the company is declaring itself the first “ilender.”

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How to Find Cash Home Buyers in Macon for a Hassle-Free Home Sale

HomeLight

Always request proof of funds, such as a bank statement, to ensure they have the financial capability to complete the transaction. You can also contact your local office, the BBB serving the Fall Line Corridor, Inc. Verify the cash buyers legitimacy by researching their history, licenses, and customer referrals.

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How to Find Cash Home Buyers in Boston for a Hassle-Free Home Sale

HomeLight

Always request proof of funds, such as a bank statement, to verify the buyers financial capability. You can also contact your local Boston office, the BBB in Eastern MA, ME, RI & VT. Look into their track record, licenses, and customer referrals to ensure theyre legitimate.

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How to Find Cash Home Buyers in Maui for a Hassle-Free Home Sale

HomeLight

Always ask for proof of funds such as a bank statement to ensure the buyer has the financial resources to follow through. You can also reach out to your local office, the BBB Great West + Pacific , for further insights. Check the companys history, confirm its licensing, and read customer feedback.