Posted by Leonard Steinberg on August 20th, 2012 A new insanity has reached our shores in “Appraisal-Land”: Yes, New York Real estate appraisers have come up with a new ‘SCIENTIFIC’ method for valuing apartments that is so absurd, ridiculous and stupid, it defies logic. This is what they are doing: The appraiser will come in for… [Read More]
THE STUPIDITY OF GOVERNMENT-THINK BANKS
Posted by Leonard Steinberg on June 29th, 2011 Some banks are being like governments right now: stupid. When banks do not want to lend to highly qualified, super-reliable, well educated, credit worthy clients, we should conclude that we have a MAJOR problem. When these same banks make everything in the application process so difficult, cumbersome,… [Read More]