For clients who don't need a mortgage and plan on paying cash, I ask for a letter from their bank or stock broker, on letterhead, stating that they have sufficient funds available to go thru with the transaction.
I have to ask why you don't want to get a pr-approval before you submit an offer? While you might feel you are qualified, you may not meet the lenders criteria for a mortgage. Many times I have had clients have unknown issue with their credit reports that need to be addressed before they can get a mortgage.
The purchae of a home is a serious transactions. Buyers must be able to fulfill there obligations as
far as their offer.
Elizabeth G. "LIZ" Schwarz, Realtor
PA lic# RS313691
Weichert Realtors Acclaim lic # RM421500
2920 Rte 611 Tannersville, PA 18372
direct 917-846-3020 efax 800-366-7429
main 570 629 6100 fax 570 629 6101