re: Letitia James Faces Growing Pressure to Prosecute Jon Stewart over Property Overvaluation

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but this comparison to Stewart is stupid. Stewart, or any citizen, can put his house on the market for any damned price he wishes.

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This misleading accusation is taking advantage of people’s ignorance on the subject. It’s a false equivalency but for the financially illiterate it’s confusing. For all the houses I own the tax assessed value, the most recent appraised value, and the true market value are three numbers that aren’t remotely similar.
A homes value is really determined by the seller and the buyer, unless the buyer wants a bank loan because then the bank determines what the buyer can pay. I’ve been in the situation multiple times where the buyer and the seller have come to an agreed upon price but the mortgage company would not agree to that number.