• shortwavesurfer@monero.town
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    1 year ago

    My question would have to be, was this person attempting to get a loan for the house? Because if so, I can understand where they would need financial statements and identification. But if the person walked in with the cash to buy the place, free and clear, then I don’t see why it should be a problem.

    • Omgboom@lemmy.zip
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      1 year ago

      It’s called a proof of funds and it’s used to ensure that the buyer has sufficient money to complete the transaction. It was a cash transaction and as I understand it they brought a picture of money and precious metals and a home made ID card