So on Monday Letitia James can grab Trump's empire? (Poll)

[otto105]

/——-/ My Long Island home was assessed at $180,000. I sold it above market value for $790,000 in 2021. When will the DA arrest me for fraud? Because in LiberalPropagandaville, assessed value is the only number that matters.

Hilarious

No bank would loan that amount above assessed value.

 

[Cellblock2429]

Hilarious

No bank would loan that amount above assessed value.

/——/ Well, like the typical Trump Hater, you’re wrong. 10 years ago, I secured a home equity loan for more than the assessed value.
But, you won’t believe anything I say. Just walk in your local bank and ask the loan officer how it works.
When you learn the truth, I’m sure won’t admit it here. You can’t give up the talking point.

How a Home Equity Loan Works, Rates, Requirements & Calculator

A home equity loan is a consumer loan allowing homeowners to borrow against the equity in their home.

www.investopedia.com

What Is a Home Equity Loan?​

A home equity loan—also known as an equity loan, home equity installment loan, or second mortgage—is a type of consumer debt. Home equity loans allow homeowners to borrow against the equity in their homes. The loan amount is based on the difference between the home’s current market value and the homeowner’s mortgage balance due. Home equity loans tend to be fixed-rate, while the typical alternative, home equity lines of credit (HELOCs), generally have variable rates.

 

[WorldWatcher]

Can you explain to us how a 17 acre property with beach front, where a single acre has sold in excess of $100MM is only worth $18MM?

Letitia needs to go after Trump’s assets. Best thing the country needs right now

Because you are pulling numbers that have no basis for comparison.

The $18M figure is from 2011 tax assessment (not the 2011 market value).

The property is NOT zoned for private residence it is zoned for commercial and you are trying to compare a 2011 tax assessment to a 2024 residential sale.

In addition MAL is not only zone commercial, it is also deed restricted prevent major changes, further construction, and subdividing of the lot for sale.

WW

 

[jbander]

Did you know that the gang leaders in jail all across this country have renamed Trump sweety, and are all vying to make him their butt buddy. There is no jail in this country that doesn't have his next lover waiting for him.

 

[jbander]

Looks like Trump won't be able to post a $500,000,000 bond.

That means Letitia James can take possession of all of Trump's assets.

Will Trump lose everything but Mar-a-Lago? (I think Desantis would keep NY out of FL.)

The Trump Organization | Luxury Real Estate Portfolio

The official website of The Trump Organization. Explore our luxury real estate portfolio of the finest hotels, golf courses, estates and more. Learn about our history and the ultimate trump lifestyle.

www.trump.com

View attachment 919755

I guaranty Putin is trying to get money into Trumps hands to help the treasonous bastard out. I heard 7 dictators around the world are anteing up money for shitpants.

 

[CrusaderFrank]

Because you are pulling numbers that have no basis for comparison.

The $18M figure is from 2011 tax assessment (not the 2011 market value).

The property is NOT zoned for private residence it is zoned for commercial and you are trying to compare a 2011 tax assessment to a 2024 residential sale.

In addition MAL is not only zone commercial, it is also deed restricted prevent major changes, further construction, and subdividing of the lot for sale.

WW

Why do you keep confusing tax assessments with value?

Do you have any properties you want to sell me?

 

[otto105]

/——/ Well, like the typical Trump Hater, you’re wrong. 10 years ago, I secured a home equity loan for more than the assessed value.
But, you won’t believe anything I say. Just walk in your local bank and ask the loan officer how it works.
When you learn the truth, I’m sure won’t admit it here. You can’t give up the talking point.

How a Home Equity Loan Works, Rates, Requirements & Calculator

A home equity loan is a consumer loan allowing homeowners to borrow against the equity in their home.

www.investopedia.com

What Is a Home Equity Loan?​

A home equity loan—also known as an equity loan, home equity installment loan, or second mortgage—is a type of consumer debt. Home equity loans allow homeowners to borrow against the equity in their homes. The loan amount is based on the difference between the home’s current market value and the homeowner’s mortgage balance due. Home equity loans tend to be fixed-rate, while the typical alternative, home equity lines of credit (HELOCs), generally have variable rates.

Post the parcel of land so we can use public records to look it up.

 

[WorldWatcher]

Why do you keep confusing tax assessments with value?

Do you have any properties you want to sell me?

I’m not * * YOU * * are the one that tried to equate a 2018 tax assessment on a commercial deed limited property to sale value of a 2024 residential non-deed limited property.

Maybe you shouldn’t make bad comparisons.

WW

 

[CrusaderFrank]

I’m not * * YOU * * are the one that tried to equate a 2018 tax assessment on a commercial deed limited property to sale value of a 2024 residential non-deed limited property.

Maybe you shouldn’t make bad comparisons.

WW

The shame of it is that an accurate voter database would prevent progressives from being elected even in NY or CA

 

[Nostra]

 

[otto105]

View attachment 920428

So, just a guy would claims to be worth 10 billion falling on his dick come Monday.

 

[WorldWatcher]

I’m not * * YOU * * are the one that tried to equate a 2018 tax assessment on a commercial deed limited property to sale value of a 2024 residential non-deed limited property.

Maybe you shouldn’t make bad comparisons.

WW

The shame of it is that an accurate voter database would prevent progressives from being elected even in NY or CA

Deflection noted once the problem with your comparison is noted.

BTW - I support a national voter registration database for federal office that ties information from various agencies together which can then be accessed by State and Local voting officials such as:

• Social Security Administration (births, citizenship, deaths)
• Department of State (Naturalization Citizenship)
• State Departments of Vital Statistics (births, deaths)
• Internal Revenue Service (current address)
• State Departments of Taxation (current address)
• State Departments of Motor Vehicles (current address)
• State and Federal Courts (removal or restoration of voting franchise due to criminal activity)

This would allow determination of voter eligibility (overall) in near real time and the voting precinct based on address.

You with me?

WW

 

[CrusaderFrank]

Deflection noted once the problem with your comparison is noted.

BTW - I support a national voter registration database for federal office that ties information from various agencies together which can then be accessed by State and Local voting officials such as:

• Social Security Administration (births, citizenship, deaths)
• Department of State (Naturalization Citizenship)
• State Departments of Vital Statistics (births, deaths)
• Internal Revenue Service (current address)
• State Departments of Taxation (current address)
• State Departments of Motor Vehicles (current address)
• State and Federal Courts (removal or restoration of voting franchise due to criminal activity)

This would allow determination of voter eligibility (overall) in near real time and the voting precinct based on address.

You with me?

WW

I gave up debating you on real estate values

Not DMV! What does DMV have to do with citizenship?

 

[OhPleaseJustQuit]

Are you kidding?

Trump University students, Hillary with him Using Russian stolen emails, Trump Charity alleged recipients and donors, investors in his casinos and other bankruptcies, construction workers, law abiding tax payers, banks, the people of New York, the State of New York, the American people all over the Country, Melania, Ivana, Marla, etc etc etc

.

So.............................................

No actual response.










.

 

[WorldWatcher]

I gave up debating you on real estate values

Not DMV! What does DMV have to do with citizenship?

WW

 

[Cellblock2429]

Post the parcel of land so we can use public records to look it up.

/---/ Sure, just as soon as you post your legal name, social security number, DOB, and mother's maiden name (assuming you know who she is.)
I know you're just clowning around and being difficult because you won't give up your precious talking point.

 

[Cellblock2429]

Did you know that the gang leaders in jail all across this country have renamed Trump sweety, and are all vying to make him their butt buddy. There is no jail in this country that doesn't have his next lover waiting for him.

/---/ You always take every discussion and turn it into a perverted sex act when you lose an argument.

 

[Cellblock2429]

Because you are pulling numbers that have no basis for comparison.

The $18M figure is from 2011 tax assessment (not the 2011 market value).

The property is NOT zoned for private residence it is zoned for commercial and you are trying to compare a 2011 tax assessment to a 2024 residential sale.

In addition MAL is not only zone commercial, it is also deed restricted prevent major changes, further construction, and subdividing of the lot for sale.

WW

/---/ How does Mar-a-Lago compare to living in your Momma's basement?
"There is absolutely no prohibition on the use of Mar-a-Lago as a single-family residence," said defense witness John Shubin.

'No prohibition' on using Mar-a-Lago as residence, expert says

Get updates from the trial of former President Trump in the civil fraud suit brought by New York Attorney General Letitia James.

abcnews.go.com

 

[WorldWatcher]

/---/ How does Mar-a-Lago compare to living in your Momma's basement?

Don't know. Never lived in a basement and haven't lived with my mother (bless her passed on soul) since I left for boot camp.

That was 46 years ago.

WW

 

[Faun]

All the surety companies require collateral.

Don't trust Trump's 'impossible' appeal bond claims, attorney general tells judges

Trump's lawyers "supply no documentary evidence that demonstrates precisely what real property they offered," to potential bond insurers, the AG's office wrote.

www.cnbc.com

Under the law, people facing large cash fines “may bond large judgments by dividing the bond amount among multiple” insurers, essentially spreading around the risk, Fan wrote.

Still, pursuing a multiple bond strategy would not solve Trump’s basic problem.

These companies are “also going to have the same collateral requirements,” said JD Weisbrot, president and chief underwriting officer at JW Surety Bonds.

Collateral, he said, which is “simply not available.”

Trump has spent a lifetime of over valuating his properties and also not paying back his debts. No one in their right mind is going to lend him that kind of money.

His chickens have come home to roost.