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Personal Finances / Buying or Selling a Home


Subject:  Re: Does a cash offer require 'seasoned' money Date:  12/5/2012  8:03 PM
Author:  Dwdonhoff Number:  124450 of 129445

It's a bank-owned foreclosure and requires proof of funds with the offer. Do the funds need to be 'seasoned' or can he just deposit the money from the family member now and provide something from the bank for the offer? TIA.
Just dump the dough in the account, pull a current balance statement & shove it over... should be fine.

Luck to him!
Dave Donhoff
Leverage Planner
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