For any home buyer who is paying cash for a property, the Seller of that property is going to require proof of assets / funds that cover the purchase price. This can be a bank statement, savings account, investment or retirement account that shows on bank letterhead the total amount of funds available. This statement usually will suffice in proving the assets needed to purchase a particular property. The challenge for a U.K. buyer is that their funds show total amounts in Pounds or Sterling. A knowledgeable agent can help the seller overcome these challenges with the conversion from pounds to dollars that show the true value. In a normal housing market this worked just fine but what we are currently seeing with all the Bank Foreclosures is that the seller (banks) will only accept an offer in U.S. funds.
So, how does a U.K. home Buyer submit an offer to purchase and show proof of funds without a U.K. bank account? The answer is very easy. Moneycorp is a foreign currency exchange company based in the U.K. that can convert U.K. Pounds to Dollars and show statements if this transaction in any currency required. The process is very easy once an account is opened with Moneycorp and the transaction can be completed within 24 hours. Moneycorp can hold the funds for a Buyer or direct the funds to a U.S. bank or escrow account.
Time is of the essence when dealing with properties in our current market. Often a foreclosure property will sell in a matter of days so it is necessary to provide the information the seller is requiring very quickly. Using Moneycorp to show proof of funds gives a buyer a fast access to show funds in U.S. dollars as well as a more effective way to transfer funds at very competitive rates.
Steve Glose with Keller Williams Realty direct at 407-616-7286 or visit www.thefloridalivingteam.com. For a faster reply you can also email me at steve@thefloridalivingteam.com. U.K callers dial: 020-3239-7286. All information is deemed reliable but not guaranteed on the date posted.
Visit www.hunterscreekhomevalues.com or www.hunterscreekhomesforsale.comfor information on all properties for sale in Hunters Creek Orlando.
MLS# O5001353 3147 VIA OTERO DR # 3147, KISSIMMEE FL 34744 $$$ 102,000 $$$
Exterior Front |
Living Room |
Dining Room |
Kitchen |
Kitchen |
Patio/Deck |
Bedroom 2 |
Bath2 |
Bedroom 3 |
Bath3 |
Exterior Back |
Cute and clean 3 bedroom/2.5 bathroom townhome seeks great owner to unite for happily ever after! Ready for romantic dinners in the private courtyard or cooking up a family feast in the spacious kitchen with walk-in pantry, this home won't disappoint! Large open living room is great for hanging out, then head upstairs for bed. Close to shopping, restaurants, the turnpike, 417, and the airport, you can be anywhere in minutes. Don't let this one pass you by!!
For the latest status on this property and many more in the Kissimmee area, contact Steve Glose with Keller Williams Realty direct at 407-616-7286 or visit www.thefloridalivingteam.com. For a faster reply you can also email me at steve@thefloridalivingteam.com. U.K callers dial: 020-3239-7286. All information is deemed reliable but not guaranteed on the date posted.
Visit www.hunterscreekhomevalues.com or www.hunterscreekhomesforsale.comfor information on all properties for sale in Hunters Creek Orlando.
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