Need articles of incorporation and 2 consecutive bank statements showing proof of cash to accompany offer. A letter from a banking institution is unacceptable. The account must be in the name of the corporation or person purchasing the property. A mandato ry $10,000 escrow must be submitted to title agent in order to initiate the short sale, subjected to negotiations by BOFA. The property needs approximately $80,000 worth of repairs (roof, structural, complete remodeling).
