That's a pretty general statement.

I think they have access to better info than that.They may use the inflated numbers in their public statements to make their point to the public which can be misleading but I am sure they have access to the real numbers.

I think it depends on what you're using the financial statements for.

While I agree with Bryan about making absolute blanket statements like that, John, I do know that there are many flippers who do a crap job and hide it well for unsuspecting buyers.

Even then, there are a few exceptions.Not sure how you intended that statement.

Almost all short sales are going to have statements from the lender who's taking the short saying the sellers must receive no benefit from the deal.

You would show POF by including a letter from the lender approving you for the loan and perhaps a bank statement showing the money in the bank.

Just as a note, AZ and CA deficiencies laws are very similar (per a statement from my attorney in AZ).

Asknfor bank statements showing rent paid etc.

The way you phrase your statements sounds like you're letting your personal preferences and taste guide you, and that's dangerous to your wallet.