Understanding Assets in the Home Buying Process 🏡

🌟 Understanding Assets in the Home Buying Process 🏡
Let's chat about assets real quick. Assets play a crucial role in strengthening your loan file and demonstrate your ability to cover down payments, closing costs, and prepaid expenses.
We'll need to verify these assets using two months' worth of statements to ensure they belong to you. Whether it's from investment accounts like 401k, IRA, or stocks, or from money market, checking, or savings accounts, the source doesn't matter as long as you've held the account for at least two months.
Here's a handy hack: Instead of transferring your investment funds through multiple accounts, let's wire the funds directly to the title company. This way, we'll only need a receipt from title confirming the presence of funds, saving you from providing multiple bank statements.
Got questions about assets or home buying? Reach out to me, and let's simplify the process!
Reach out today:
📞 [phone]
📩 [e-mail]
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