I’ve Touched On This Before, But I Had This Come Up The Other Day, And Thought I Might Touch On It Again.
When You Sell A Personal Asset Such As A Car Or Boat To Raise Money For A Down Payment To Buy A House Here Is What You Will Need To Show The Underwriter To Use The Funds…
• The Ownership Of The Asset (Proof – Such As A Car Or Boat Title)
• The Transfer Of Ownership Of The Asset With Its Sale, Such As A Bill Of Sale Or A Statement From The Purchaser
• The Receipt Of The Proceeds Of The Sale, Such As A Deposit Slip, Bank Statement, Or Copy Of The Purchaser’s Check
That’s It For Today!
Have A Good Day Today!
…And Thanks For Reading.
Brett
One of the most important things you will have to do when you apply for…
I wanted to let you know we have a 2% to 5% downpayment and closing…
If you want to acquire rental properties, but you are having issues proving your income…
Do you need cash out of your home, but you don’t want to refinance the…
In the mortgage world there are rules we have to follow. Such as, rules about…
Do you have investment property, and would like to pull cash out of your property?…
