‘Mr. Wonderful’ slams Trump ruling: ‘You might as well find guilty every real estate developer on Earth’

Improvements on the property are not assumptions. They either exist or they don’t.

Their value is assumed, or estimated.

or they may exist. or someone may want to build them after purchasing.

the future use of the property has an impact on it's value. As stated before, it's the difference in a standard lot value in Forest Hills Queens vs. the value of a lot 50 miles outside of Buffalo.
 
He didn't lie, he provided his estimate of the value.

So someone placing a property on sale for 100k over the assumed market value is lying?
Placing a property on sale isn’t claiming what it’s worth. You can list anything for sale for anything you want.

If you claim something is worth more because of certain factors which are not true, then it’s a lie.
 
Their value is assumed, or estimated.

or they may exist. or someone may want to build them after purchasing.

the future use of the property has an impact on it's value. As stated before, it's the difference in a standard lot value in Forest Hills Queens vs. the value of a lot 50 miles outside of Buffalo.
Yes, their value is estimated.

But if you estimate the value of something which doesn’t exist, then it’s a lie.
 
Placing a property on sale isn’t claiming what it’s worth. You can list anything for sale for anything you want.

If you claim something is worth more because of certain factors which are not true, then it’s a lie.

the only error he admitted to was one example of square footage.

Everything else was assumptions based on assumed market values and conditions.
 
She has no shame and will continue her ignorance until you walk away exhausted. Don't you have some dryer vents to clean out? More productive use of your time. :)

I agree completely, there is nothing new or further to 'discuss' here, it's all been said.
 
Not only are you completely ignorant, you don't even know what caused the sub-prime issue, it had nothing to do with appraisals. lol

These people can't remember anything that happened before 2016. Total historical ignorance, and total incuriousness to remedy it. I've never seen anything like it.
 
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Only a fool would expect that a bank wouldn't verify anything on a quarter of a billion dollar deal. :auiqs.jpg:
Trump is pretty arrogant.

Or maybe they expected the bank wouldn’t care that they lied.

After all, we have this claim out that they all real estate values are routinely inflated on these statements.
 
Only a fool would expect that a bank wouldn't verify anything on a quarter of a billion dollar deal. :auiqs.jpg:
This sham trial has proven one thing, Democrats don't know jack shit about business. Not surprised they are mostly taxpayer mooching public employee sponges.
 
I think everything relevant to the accuracy of the valuation of Seven Springs was discussed at trial.

You were the one speculating there was an agreement to build the mansions on the property which would be the only way that they could use the inflated value of the property.

The point here is that Trump listed a value of Seven Springs as though it had seven mansions built on it when in fact there were no mansions and they could not be legally built.

Lying about the value of your assets would be fraud.

No, I speculated that no specific property was relevant in this situation, Trump owns a myriad of properties that could serve as collateral, to pick out a few from the statement and then scrutinize and exaggerate them is nothing but a scam.
 
Actually you are, because the improvability of the property is part of said value
Improvability is worth a lot less than actual improvements.

Even if that were your claim, Trump could not legally build the mansions on the property. So there is no improvability value.
 
The banks said they believed Trump’s valuations were largely accurate and used them to determine whether to make the loan with favorable rates.
They never cared. These banks had done business with Trump for years. His signature was enough.
 

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