![Why Home Buyers Need a Proof of Funds Letter for a Real Estate Purchase](https://mykymortgage.com/wp-content/uploads/2018/04/Regan.jpeg)
Why Home Buyers Need a Proof of Funds Letter for a Real Estate Purchase
When it comes time to purchase a home, a proof of funds letter shows that a buyer has enough liquid cash to complete the deal. If fact, buyers shouldn’t feel prepared to make an offer without this document because buyers will want to see this essential paperwork to determine whether the purchaser is truly able to afford the house. Here, Realtor.com