
Below please find the standard and customary docs needed upfront for a smooth, streamline, and successful presentation and acceptance of Purchase Agreement and a successful Close of Escrow for the purchase of Residential Property in the Las Vegas, NV Real Estate arena of today.
IF All CASH TERMS, PLEASE REFER TO BELOW INFORMATION
PURCHASING WITH ALL CASH FROM A PERSON: Must Supply Proof of Funds [POF] From...A bank statement with verifiable funds to substantiate the amount of the purchase price with principal/buyer's name on it. (Truncation of account and social security number are acceptable)
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PURCHASING WITH ALL CASH FROM A TRUST, LLC, OR CORPORATION: Must Supply Proof of Funds From...A bank statement with verifiable funds to substantiate the amount of the purchase price with entity/principal/buyer's name on it. (Truncation of account and TIN number are acceptable)
PLUS [outlined below] : All Cash Buying Entity must provide Proof of Authority From:
[Title/Escrow Company will need this to close]
Trust: Provide Trustee docs: If you can provide the Trust Certificate that would be great. If not we would need to see the first page which shows the name of the trust, the page that shows the trustees, the page that shows the powers of the trust (looking to see if the trust has the rights to purchase), and signature pages.
LLC: Provide LLC Manager docs
Corporation: Provide Articles of Incorporation
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Banks/Sellers will not accept:
~Receipts from ATM machines
~Letter from parents or friends
~Letter of Intent
ID REQUIREMENTS
~Identification Card
~Valid Driver's License
~Current Passport
~Green Card with Photo
RE: Check book for Earnest Money Deposit [EMD]
Most ideal for the check to have principal/buyer's name pre-printed on the check.
BUYER KINDLY PLEASE SUPPLY POF PRIOR TO TOURING HOMES [email PDF format is most ideal]
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IF FINANCING, PLEASE REFER TO BELOW INFORMATION
FINANCING: A pre-approval letter from a national bank with complete lender contact information and signature on a company letter head stating the pre-approved amount that substantiates the purchase price with the principal/buyer name that is also on the approved loan.
IF FINANCING, PLEASE REFER TO THIS LINK: http://lvrealestatelady.com/Pre-Approval.html
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Julia St. Marie, ABR, RRG, RSPS
702-355-H.o.m.e. [4663]
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http://www.LVRealEstateLady.com
http://www.LasVegasCondoHeaven.com