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Distressed homeowners have a new path to avoid foreclosure

Housing Wire

They can list their homes through a competitive bidding process that includes real-time updates, or they can accept direct offers from buyers to allow for contingency clauses, financing terms, proof of funds, leaseback options and other details to be negotiated.

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

HomeLight

Before signing an offer, ask for proof of funds Always request proof of funds to verify the buyer can pay upfront. Use the Better Business Bureau to verify businesses and check online reviews on platforms like Google or Trustpilot. Confirm licenses and ask for referrals to avoid scams and ensure a smooth transaction.

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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.