What is Buyer’s Proof of Funds?

If you’re selling your house and you get multiple offers, how do you know which offer is the best? Well, it’s important you check out the buyer’s proof of funds. You want to see which buyer is in the best cash position in a hot market where you get multiple offers. Sometimes the offers go above appraised price. So, you need to make sure the buyer has extra cash in case if the property doesn’t appraise out. So it’s important you look at the buyer’s proof funds before accepting the offer.

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Shirin Rezania Ramos | 858.345.0685 | www.shirinramos.com | Compass, DRE 0203379

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Shirin Rezania Ramos, Realtor®