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Posted on 9/21/22 at 1:43 pm to stout
I don't know what the value of Mar-A-Lago is but I would guess its a hell of a lot closer to $739MM than it is to $75MM easily
Posted on 9/21/22 at 1:43 pm to imjustafatkid
I am not a racist; but, for the life of me I cannot think of even one black, female (has a vagina) lawyer who is not a total dumbass.
Supposedly, these AG's have handlers/protectors who don't allow them to step in shite. Her team pushed her completely in the shitter.
Supposedly, these AG's have handlers/protectors who don't allow them to step in shite. Her team pushed her completely in the shitter.
Posted on 9/21/22 at 1:47 pm to stout
I don’t want to do business there either. And in fact with how shitty NY is now, I’m probably never going there ever again before I die.
Unless it’s like a connecting flight to Europe or some shite.
Unless it’s like a connecting flight to Europe or some shite.
This post was edited on 9/21/22 at 1:48 pm
Posted on 9/21/22 at 1:48 pm to stout
quote:
New York Attorney General Letitia James announced a lawsuit against Trump for violating the law as part of his efforts to generate profits. She gives the example that Mar-a-Lago was valued as high as $739M when it should've been at $75M
OK, Mar-a-Lago for $75M??? That is beyond stupid. Letitia James is a worse moron than we could imagine. You couldn't find 1 house in that zip code for less than a million $s.
Posted on 9/21/22 at 1:51 pm to Jax-Tiger
quote:
There is a 2.25 acre plot listed for $150m just up the street.
If that is the case....Mar-a-Lago is 20 acres....just the land would be worth $1.3B
Posted on 9/21/22 at 1:54 pm to stout
you would think, at some point, there would be some level-headed liberals with integrity and ability to think critically lead the charge to end this lunacy.
I guess they are all fricking crazy.
I guess they are all fricking crazy.
Posted on 9/21/22 at 1:56 pm to stout
So just looked up so real estate for sale in Palm Beach.
There is a 10,000 sq ft, 10 bedroom for 63 million.
Or Mar-s-Lago, 63,000 sq foot, historic home, with numerous tennis courts, pools, spas, etc.
But sure, it's value is 75 million. Idiot!
There is a 10,000 sq ft, 10 bedroom for 63 million.
Or Mar-s-Lago, 63,000 sq foot, historic home, with numerous tennis courts, pools, spas, etc.
But sure, it's value is 75 million. Idiot!
Posted on 9/21/22 at 1:57 pm to stout
quote:
valued as high as $739M when it should've been at $75M.
Does anyone believe a bank is dumb enough to not realize a $700 million overvalue?

Posted on 9/21/22 at 1:57 pm to stout
Id be curious just to know the land value of MAL. Its gotta be a huge amount. YUGE!
Posted on 9/21/22 at 1:59 pm to Scream4LSU
quote:
NY AG prosecuting for a property in Florida. Got it..
As I said in an earlier post; this is a political witch hunt and should be laughed out of court but your statement is an oversimplification. Yes the property is in FL but she is saying that he overvalued it while doing business in NY so it's about a property in FL but that's not all it is.
Posted on 9/21/22 at 2:04 pm to stout
There is borderline zero chance Trump didn't have some sort of third party take a look at any internal valuations.
Posted on 9/21/22 at 2:06 pm to stout
quote:
New York Attorney General Letitia
Stopped reading here
Posted on 9/21/22 at 2:06 pm to bayoudude
Those values only really matter if the lender has to foreclose. Worse, as you said they are only opinions, and the real values change from day to day. Overinflated values on a loan financial statement does not usually come into play unless there is some sort of loss. Did anyone get an appraisal at the time? What this says is that she could not dig up enough for a criminal charge and she wants to make it sound like fraud, but has to use civil penalties to stay in the media.
Posted on 9/21/22 at 2:07 pm to stout
DT Jr response earlier today was "Please show me where these $75 million dollar mansions are at because I am buying every one of them right now and flipping them."
Posted on 9/21/22 at 2:10 pm to jbgleason
It’s a boarding house
For hangers on and Chinese spies
It’s worth more than $75m
For hangers on and Chinese spies
It’s worth more than $75m
Posted on 9/21/22 at 2:14 pm to Nono
quote:
Doesn’t the bank or lender do independent appraisals before lending money?
They do.
Posted on 9/21/22 at 2:14 pm to Ten Bears
quote:
If that is the case....Mar-a-Lago is 20 acres....just the land would be worth $1.3B
Lot for $150m
Posted on 9/21/22 at 2:23 pm to Tmcgin
quote:
It’s a boarding house
For hangers on and Chinese spies
I believe that would be Swalwell's (D) house
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