I have a question, I bought a pre-construction unit and have just been asked for a pre-approval request by the builders. I told them that I won't be using any financing for the closing so they've asked for a letter from my bank stating that I have sufficient funds to cover the closing....is this normal??
They've already taken 5% down, and have cheques for another 10%. When I signed all the papers, they never mentioned anything about a request like this.
I have no issue giving it, it just sounds like an odd request. I could take all the money I have and blow it after they get the letter so what good is it anyways??
