Can You Use Cash For a House Deposit?
Channel: Living in Boston & the Burbs by Jeffrey Chubb
Date: 22/03/2021

Is a Cash Deposit Bad When Purchasing a Home?

This is really about the Seasoning of Funds for the deposit. Seasoning of Funds means the time of which the money has been in your possession in your bank account. 

Cash isn’t necessarily bad when buying a home, but it can make things a lot more difficult when not dealt with properly. It comes to a documentation of the cash. 

In this video Jason & Jeff talk about ways to prepare to use that cash when purchasing a house. When done right, it will save you a LOT of headaches! 

https://www.boston2.com/blog/can-you-use-cash-for-a-house-deposit/

Jeffrey Chubb | Chubb Homes Team | 617-480-2600 | Jeff@Boston2.com | www.Boston2.com | Brokered by eXp Realty