Earl McCoubrey Expounds On Trailing 12 Statements

Earl McCoubreyIncreasingly, apartment building lenders are requiring T-12 or trailing-12 income and expense statements when financing properties. So, this blog entry is an urgent entreaty to all apartment property owners to begin creating and storing monthly income and expense statements electronically. When refinancing or when a buyer is arranging purchase financing, the underwriting process will be far simpler when 12 monthly statements are readily available.
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