“The Cash Society”
I do have another question for you. Is there any way we can utilize cash saved to purchase a home? In addition to what we have in the bank?
I am asked this question more times than you can imagine. Just know that cash cannot be used when it comes to the purchase of a home.
As I work with a client during the pre-qualification process, I always bring up cash. I advise clients to get these funds into their bank accounts if the intent is to use cash as part of a purchase.
If these funds are in an account for over 60 days and these dollars are not part of two bank statements, all should be good.
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Joe Petrowsky, NMLS #6869
Right Trac Financial Group, Inc. NMLS #2709
110 Main St.
Manchester, Ct. 06042
Office: 860 647-7701 x116
Fax: 860 647-8940
Cell: 860 836-9294
Joe Petrowsky does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.
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