I have a file I am in process of submitting for a short sale. My client just received a large personal injury settlement. I have already provided bank statements; however, if I had to provide updated statements, it will show it. My client would like to deposit check.
Any advice?
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I would assume you would have to provide updated bank statements again unless your at approval stage. So, if the homeowner does not want the lender to see it and be required to make a contribution, they may want to hold on to the check.