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Tax Returns versus Stated Income! Most traditional banks will require several years of tax returns in order to qualify for a commercial real estate loan. The alternative is to use a Stated Income lender that does not verify personal income or assets. Many borrowers will simply not qualify for a commercial mortgage loan if tax returns are used due to high business expenses (and low net income). Many lenders using tax returns will also continue to verify income after the loan closes. Stated Income lenders will not engage in this practice.Labor participation lowest since 1978
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The official U.S. unemployment rate is falling, but that's not necessarily a good thing.
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Jobs report and Syria fears whipsaw stocks
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The castaways of your 401(k): index funds
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U.S. officials have blessed the acquisition of Smithfield Foods by China's Shuanghui International, the companies announced Friday.
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CoStar's People of Note (Sept. 1 - 7)
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This week's People of Note includes the following markets: South Florida, Dallas, Northern New Jersey, Indianapolis, San Francisco, New York City, Jacksonville, Portland, Tampa, Greenville, Los Angeles, Chicago, and Phoenix.TAMPA
AY Acquires Tampa CRE Firm
By Justin SumnerAvison Young has acquired Tampa, FL-based Lane Witherspoon & Carswell Commercial Real Estate Advisors and its sister com
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