Real estate insiders bewildered by judge’s $18M valuation of Trump’s Mar-a-Lago: ‘Would list at $300M’

[Marener]

It's amazing how willingly they display their stupidity, apparently none of them have owned property before. They look like fools with their ridiculous comments.

It’s amazing that none of you have read the decision and are just repeating the nonsense that right wing media has told you.

Trump says Mar a Lago was worth $1.5 billion.

Who here is going to claim that is a fair market value?

 

[OldFlame]

If you have ever owned a home, you know the municiplaity appraises the property for much less than true market vlaue.

I dare you to sell your home for what the county assessment is. Are you being disingenuous, or are you stupid?

I'd guess has never owned a property, and has zero clue about how the real world works. This idiot only lives in 'media bubble' land where it believes everything it's fed.

 

[Marener]

Trump’s real estate expert just pulled $1.5 billion value out his ass and just claimed he could call up the Saudis and have them take it off his hands.

Apparently that’s how it works with Trump, he calls up favors from the people he helped out in his presidency. Totally not corrupt.

 

[Marener]

I'd guess has never owned a property, and has zero clue about how the real world works. This idiot only lives in 'media bubble' land where it believes everything it's fed.

In the real world, can you tell the bank your 2000 sq foot house is actually 6000 sq feet?

Is that how the real world works?

 

[marvin martian]

No moron, he will OWE shitload of taxes because he is paying taxes on a property estimated to cost a small fraction of what Trump claims it is when it comes to taking loans against it.

Tell me you still live with mom and dad without telling me you still live with mom and dad.

LOL

 

[Arlette]

If you have ever owned a home, you know the municiplaity appraises the property for much less than true market vlaue.

I dare you to sell your home for what the county assessment is. Are you being disingenuous, or are you stupid?

The judge found that Cheato's whole business model boils down to fraud.

 

[marvin martian]

The judge found that Cheato's whole business model boils down to fraud.

Are you tripping on horse paste or something?

 

[OldFlame]

In the real world, can you tell the bank your 2000 sq foot house is actually 6000 sq feet?

Is that how the real world works?

In the real world financial institutions don't allow clients to determine the value of collateral used to secure a loan.

It's apparent that you have no clue what the fuck you're talking about, all you do is regurgitate media bubble talking points.

 

[martybegan]

It was referenced.

Did the judge state that was the fair market value?

Yes or no.

Doesn't matter. it's what the Judge used as an example of overvaluing, and thus part of their judgement.

So the judge is using one BS number to call another number BS.

 

[Arlette]

Are you tripping on horse paste or something?

Cheato will never have a good day again. Maybe for a split second, right after he wakes up but then he remembers how he got fucked by the law.

 

[marvin martian]

Cheato will never have a good day again. Maybe for a split second, right after he wakes up but then he remembers how he got fucked by the law.

Is that what you think about all day?? LOL, man that horse paste you're on is something else...

 

[Marener]

In the real world financial institutions don't allow clients to determine the value of collateral used to secure a loan.

It's apparent that you have no clue what the fuck you're talking about, all you do is regurgitate media bubble talking points.

True. In the real world people like us would never be allowed to get away with defrauding banks.

 

[Marener]

Doesn't matter. it's what the Judge used as an example of overvaluing, and thus part of their judgement.

So the judge is using one BS number to call another number BS.

Haha!

It does matter and you couldn’t answer a simple question.

Trump might have been able to beat this allegation (which wouldn’t really matter anyway since there were so many other allegations that didn’t have this problem) if he hadn’t provided such a shitty defense for the valuation and produced an expert who said it was worth $1.5 billion by pulling the number out his ass.

So the judge has to make a decision based on the information he is given and Trump’s defense was so clearly bullshit.

But again, you don’t want to talk about that.

 

[SeaMajor7]

Cheato will never have a good day again. Maybe for a split second, right after he wakes up but then he remembers how he got fucked by the law.

 

[SeaMajor7]

Haha!

It does matter and you couldn’t answer a simple question.

Trump might have been able to beat this allegation (which wouldn’t really matter anyway since there were so many other allegations that didn’t have this problem) if he hadn’t provided such a shitty defense for the valuation and produced an expert who said it was worth $1.5 billion by pulling the number out his ass.

So the judge has to make a decision based on the information he is given and Trump’s defense was so clearly bullshit.

But again, you don’t want to talk about that.

 

[martybegan]

Haha!

It does matter and you couldn’t answer a simple question.

Trump might have been able to beat this allegation (which wouldn’t really matter anyway since there were so many other allegations that didn’t have this problem) if he hadn’t provided such a shitty defense for the valuation and produced an expert who said it was worth $1.5 billion by pulling the number out his ass.

So the judge has to make a decision based on the information he is given and Trump’s defense was so clearly bullshit.

But again, you don’t want to talk about that.

No, doesn't matter.

The judge made the decision when he woke up in the morning.

 

[Marener]

No, doesn't matter.

The judge made the decision when he woke up in the morning.

The only reason you are pretending “it doesn’t matter” is because you don’t want to admit you either lied or believed the lies you were told.

If it “doesn’t matter”, you wouldn’t have made the claim.

Yet again, your ignorance is a product of your cultish adherence to right wing media and yet again it blows up in your face.

 

[marvin martian]

Haha!

It does matter and you couldn’t answer a simple question.

Trump might have been able to beat this allegation (which wouldn’t really matter anyway since there were so many other allegations that didn’t have this problem) if he hadn’t provided such a shitty defense for the valuation and produced an expert who said it was worth $1.5 billion by pulling the number out his ass.

So the judge has to make a decision based on the information he is given and Trump’s defense was so clearly bullshit.

But again, you don’t want to talk about that.

You've GOT to explain to us how Trump was able to secure loans against real estate without getting appraisals.

lol

 

[martybegan]

The only reason you are pretending “it doesn’t matter” is because you don’t want to admit you either lied or believed the lies you were told.

If it “doesn’t matter”, you wouldn’t have made the claim.

Yet again, your ignorance is a product of your cultish adherence to right wing media and yet again it blows up in your face.

What lies? The number was part of the paperwork, and is referenced.

You are trying to swim in minutia when the facts are out there for all to see.

 

[OldFlame]

True. In the real world people like us would never be allowed to get away with defrauding banks.

So you think small beans can't get away with it, but transactions in the multi millions can? A financial institution must do its due diligence in appraising an asset used for collateral to secure a loan, regardless of who the client is. It's the law. If you're saying Trump broke the law, then the FI did as well, you can't have it both ways. Sorry.