"In some cases, potential buyers are being asked for financial records that go back six months, rather than the month or two that was common a year ago. And some boards are requesting a second set of financials just before the signing of a contract to ensure that no nest egg or job has disappeared since the buyer initially made the offer. 'Someone in my office recently got a 40-page application. I've never seen this before, and I've been in the business for 20 years,' says Rick Wohlfarth, principal of brokerage Wohlfarth and Associates." [NYP]
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