The seller is concerned that you have "proof of funds.â€ If you have $1.00 more than necessary or $1,000,000. your offer is based on the value you place in their home, not poverty. You may obtain a letter from your bank confirming adequate funds to cover the offer, or supply a copy of a bank statement.
If you are very concerned about having too much on the statement, transfer funds to a separate account and use that statement. It's a small hassle, but will satisfy all concerns.
Good luck with your purchase.
In this situation it would be wise to get a letter from you banker saying that you have sufficient funds in your account to cover the offer price. After you come to an agreement they may want further proof of those funds but this letter should suffice for your offer.
Your concern is valid. When a buyer makes an offer you must have a preapproval letter from a lender showing you have the funds to buy the home. The same applies for cash buyers. You will need what is known as "Proof of Funds" submitted with your offer. It can be from a bank account, 401k statement, investment statements and so on. An offer is never considered without either a mortgage company approval or proof of funds. I hope this helps. Good luck on the purchase.