Verification Of Funds....

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Seller is buying house with cash. How can I go about getting verification of funds?

Comments(1)

  • jeff1200210th November, 2003

    Get some earnest money down, and ask for a quick closing. The buyer should not have a problem closing as soon as the title company or attorney can get the paperwork complete. If he can't perform, you are only out a couple of weeks maximum, and you get to keep the earnest money to compensate you for your troubles.
    Just because he's buying with cash, doesn't mean that it is his cash. He may not be able to provide you with the information you're seeking.
    If you get taken care of at closing, it this really an issue for you?
    Jeff

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