Proof Of Funds Letter
A proof of funds letter is a document that is given to an investor from a third party company that verifies and provides proof to a seller of a property that the funds to purchase their property are available and ready to be used toward the purchase. If youre making offers on real estate the proof of funds letter is a very simple but powerful addition to the offer packagein fact most borrowers and agents wont even look at an offer unless theres a proof of funds letter attached.
