Providing Proof of Funds

WILL YOU SEND US ADDITIONAL PHOTOS OF THE PROPERTIES THAT INTEREST US?

Of course. After you have “proofed"……….

Some of the property details you receive will have numerous photos attached and some may only have one. In most cases we are NOT the agent for the Sellers and have no control over what information they may or may not make available.

Due to the tremendous interest in these Florida foreclosures we do not go out and take additional photos unless the Buyer has “proofed". What this means is we need to see proof of funds prior to sending our photographer out to take additional photos. This proof of funds can be either a bank statement or letter of credit from your banker. The account balance MUST be stated in USD.

When buying foreclosures, ALL Sellers (banks) will require proof of funds before they will consider an offer, so it makes sense to go ahead and get this requirement out of the way now.

Part of my job as your Broker is to make sure you are in position to act quickly and smoothly once you see the right deal. The best deals will sell fast so it is important to be ready.

Mortgages are available for properties over $150,000 (USD) and with a minimum of 40% down. If this is something you want to check into just let me know and I will connect you with one of our preferred Lenders. However, it is far easier to procure financing in your country and pay cash over here.

Once we get the money side of things sorted out we will be happy to assist you in anyway that we can. Here is some additional information about purchasing foreclosures that will help.

FOREIGN INVESTORS PURCHASING FORECLOSURES IN FLORIDA

Please feel free to contact me with any questions you may have.