by Glen | Aug 10, 2018 | Uncategorized
I recently received a Broker Price Opinion that took the cake. A class C office was compared to a class A retail location in another city. The BPO felt the value of the property was worth over a million … this was off by over 50%. Is your BPO BS? Four tips to spot...
by Glen | Jul 25, 2018 | Atlanta Hard Money, Colorado Hard Money, Hard Money Commercial Lending, Hard Money in the News, Hard Money Lending, Housing Price Trends / Information, Real Estate Trends, Real estate Valuation, Uncategorized
Is the bond market or federal reserve correct on the future of interest rates? Beyond 2019 there is huge disagreement. The Federal reserve has relayed that future tightening will continue, but the markets aren’t buying it. The bond market is predicting that a rate...
by Glen | Apr 25, 2018 | Real Estate Trends, Real estate Valuation, residential lending valuation, Uncategorized
What is your property worth? Chances are someone in India is answering that question for your lender without ever stepping foot in the country, let alone in the property. The process of using a Broker Price Opinion for valuation was outlawed in the last crisis, but...
by Glen | Mar 21, 2018 | commercial hard money, Commercial Lending in the news, Uncategorized
Last week an Uber driverless/ autonomous car struck and killed a pedestrian. This is the first fatality from a fully autonomous vehicle that was using sensors and artificial intelligence to drive itself. Why is this incident so important? How does this...
by Glen | Dec 10, 2017 | Commercial Lending valuation, residential lending valuation, Uncategorized
I was recently looking at a property to lend on just west of Denver. The borrower paid 3m cash for the property a few months ago. He requested a loan of 750k. Sounds like a no brainer loan as the property was in a great location. There was one problem that the...
by Glen | Sep 25, 2017 | Uncategorized
After getting out of bed this morning, it was tough learning that I, Glen Weinberg, was worth roughly the price of two Starbucks coffees. Not that it made me feel any better, but so are you. I assume (unless you have been living under a rock) that you have by now...