Community Leader
Senior Contributor
StartingOver10
Posts: 4,185
Registered: ‎03-06-2010
Re: Need advice.

Yes, they understand the sale of your home. All you have to do is provide a copy of the closing statement signed by you and the buyers, deposit receipt and copy of the check and/or wire showing that is where the funds came from (the sale).

You don't need to let the funds age.

 

Most people that have to let the funds age are those that don't have a paper trail to source the funds.