When you try to buy a house with cash πŸ’΅

47.9K viewsover 3 years ago0m 33sScore: 70

Sean Pan

Regulations & Compliance
beginner
Local Regulations

Summary

The video discusses the challenges of using cash for a down payment on a house. Lenders require proof of funds, typically in the form of bank statements showing the money has been in an account for at least two months, to avoid suspicion of criminal activity.