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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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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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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.”

Equity 417
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Proof of Funds Letter for a Real Estate Purchase: Why Home Buyers Need It, Bad

Realtor.com

A proof of funds letter is a document that proves that a home buyer has enough liquid cash to purchase a home. The post Proof of Funds Letter for a Real Estate Purchase: Why Home Buyers Need It, Bad appeared first on Real Estate News & Insights | realtor.com®.

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Art Carter, CRMLS ‘stand firmly’ in support of Clear Cooperation

Housing Wire

This approach is particularly relevant for high-value properties, where it is common for showings to require signed non-disclosure agreements (NDA) to ensure privacy and facilitate the exchange of proof of funds between buyers and sellers.

MLS 381
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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 Trustworthy Cash Home Buyers in Philadelphia

HomeLight

Before signing an offer, ask for proof of funds Before finalizing any deal, ask the cash buyer for proof of funds. Proof of funds is a document that shows the buyer has the necessary cash available to complete the purchase, such as a bank statement or an official letter from the financial institution.