Why Every Buyer Needs a Proof of Funds Letter?

Once you’ve made a decision to purchase your first home or a new home, your next step is to apply for a loan and receive a proof of funds.  This letter proves that you, the home buyer, has enough liquid cash to purchase a home.  It is an essential letter to show home sellers to ensure you are a qualified buyer. It will also help your real estate agent show you homes within your budget.

Does Everyone Need a Letter?

The short answer is yes, everyone needs a letter.  Even if you are getting a mortgage you will still need enough money for your down payment and closing costs.  

What is the difference between a proof of funds letter and pre-approval letter?

The preapproval letter is a commitment from a lender to provide a buyer with a home loan.  A proof of funds letter is a document that shows where you’re keep the cash you need to bring to the closing table.

A proof of funds letter can be provided to you by your bank.  Contact your bank to request one today.  

How to Decorate with White- the Do's and Don'ts

There was a time when white décor was used for a formal living room that was seldomly used and handled with care.  Now days, color isn’t always king especially as people look to live a more minimalist environments.  White can sometimes be ignored but used purposefully and carefully.

When it comes to decorating with white- what are the do’s and don’ts?

Do:

Mix different tints, tones and shades of white

Incorporate the white color into accessories- vases, florals, and pillows

Mix white with colors such as grey and taupe to create a soothing environment

Use textured white accessories to soften up a space

Mix white with both warm and cool colors

Don’ts:

Forget to extend the color white into elements such as cabinets, fixtures and appliances

Ignore the opportunity to reflect color through the use of mirrors and windows

Omit negative white space – trims, door headers, and under ceiling soffits

Dismiss the power of the pure white space