article thumbnail

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.

article thumbnail

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®.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

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

HomeLight

Before signing an offer, ask for proof of funds Ensure the cash buyer has the necessary funds. Ask for proof of funds, a document confirming they can purchase your home. If a buyer refuses to provide proof of funds, consider it a red flag.

article thumbnail

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

HomeLight

Before signing an offer, ask for proof of funds Proof of funds: Ensure the buyer has the money to complete the purchase. Red flags: If a buyer won’t provide proof of funds, consider looking elsewhere. Check track records: Verify licenses, customer referrals, and past performance.

article thumbnail

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

HomeLight

Before signing an offer, ask for proof of funds Verify funds: Ensure the cash buyer has the necessary finances to purchase your home by asking for proof of funds. Red flags: If a cash buyer is unwilling to provide proof of funds, consider it a red flag and look for a more trustworthy company.

article thumbnail

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

HomeLight

Before signing an offer, ask for proof of funds Choosing a cash buyer with readily available funds is essential. Always ask the cash buyer for proof of funds, which is a document that verifies the buyer has the financial ability to purchase your home.