I am not sure who or where to ask this question without raising red flags.
I have a bid in on a house (bank owned) and they want proof of funds. I want to pay cash, 30.000. I have the cash in a safety deposit box.
How can i get proof of funds with out depositing it into one of my bank accounts?
Can i take cash to a bank and get a blank bank check for the amount i want? Do they then have to report this transaction to the IRS?
Has anyone done anything like this before or know some rules i might want to be aware of? Thanks in advance.