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Trump ends first day of Manhattan trial arguing judge undervalued his assets, 'drive-by appraisals'
just the news.com ^ | 10/2/2023 | Madeline Hubbard

Posted on 10/02/2023 1:31:45 PM PDT by Signalman

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To: Jonny7797

I recall a large farming operation where the borrower was charged with lying on loan applications. But the case was egregious, such as collateralizing grain already under government loan and equipment already financed through the implement dealer’s financing arm. Really big numbers. Yuge ones. Trump big, but double dipped, unlike President Trump’s.

I can’t find anyone who is prosecuted for mere inflation of values.


21 posted on 10/02/2023 2:10:49 PM PDT by gloryblaze
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To: Eagles6

When I was thinking of buying a second home, I decided what I thought it was worth. The bank I was going to borrow from did their own appraisal and came in about $10K higher. It fell thru for other reasons, but no one in the bank gave a rat’s rear what I thought it was worth. Only what they thought they could get if they sold it in case of default.


22 posted on 10/02/2023 2:11:05 PM PDT by Mr Rogers (We're a nation of feelings, not thoughts.)
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To: Signalman

Has anyone demonstrated the judges qualifications to properly appraise real estate? Accurate appraisal of commercial real estate in NYC is not an amateurs game.


23 posted on 10/02/2023 2:12:13 PM PDT by muir_redwoods (Freedom isn't free, liberty isn't liberal and you'll never find anything Right on the Left)
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To: skr
The property appraiser has the taxable amount at 33 million plus which means it’s officially worth that much at minimum (not counting the homestead exemption that’s been subtracted).

How do these work? In your area, at least for homes, the tax valuation is about a quarter of the actual value.
24 posted on 10/02/2023 2:13:57 PM PDT by BikerJoe
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To: Jonny7797

Generally loan institutions rely on approved appraisals not on the owners say so. That’s always been my experience. Plus I believe he would like nothing more than exit the NY state in any business dealings. He should pay a modest fine (no admission to wrong doing) and agree to sell all NY assets. Then vacate the state and vow never to go back for any reason.


25 posted on 10/02/2023 2:18:01 PM PDT by BipolarBob (Biden would give Jesse James the train schedule for his 10%.)
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To: Signalman

He inflated what the properties are worth and the insurance companies gave him lower rates for it? That makes no sense at all.


26 posted on 10/02/2023 2:24:11 PM PDT by pas
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To: joma89

Even more so, because of cases like this, which are just legal system persecutions, I am not only voting for Trump, but am doubling down on it, if that was actually possible.

I hope more and more people see it this way.

You may not be able to stop the Left from tormenting him with bogus indictments and lawsuits, but you get to vote for him—the one power they cannot take from you.


27 posted on 10/02/2023 2:24:58 PM PDT by Alas Babylon! (Repeal the Patriot Act; Abolish the DHS; reform FBI top to bottom!)
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To: monkeyshine

That valuation can change rapidly as well as over time.


28 posted on 10/02/2023 2:24:58 PM PDT by pas
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To: patriot torch

Here’s how it works:

First, read and understand the Declaration of Independence and Constitution as written and originally understood and intended.

Second, do whatever you can to make THE CONSTITUTION the issue - bolster constitutional state sovereignty, influence others, and vote on that basis. Understand that the only legal force and power between you and absolute tyranny is the Constitution.

Third, support in every way possible reinstating the Constitution as the Supreme Law of the Land and constitutional state sovereignty including STOPPING FEDERAL FUNDING of states which is how the feds exercise control over the states.

Fourth, support in every way possible the DISMANTLING of the $3+ trillion, 80%+ unconstitutional portion of the federal government AKA “The Deep State”.

Fifth, START LIVING FREE!!!!


29 posted on 10/02/2023 2:27:05 PM PDT by Jim W N (MAGA by restoring the Gospel of the Grace of Christ (Jude 3) and our Free Constitutional Republic!)
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To: Vaduz
I hear appraisals are for tax reasons only and have no bearing on loans given?.

It has been a while ... but last time I bought a house, the mortgage lender hired an appraiser to determine if the house was worth what I wanted to borrow ...

They absolutely DID NOT take my word for it.

30 posted on 10/02/2023 2:31:51 PM PDT by NorthMountain (... the right of the peopIe to keep and bear arms shall not be infringed)
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To: Jim W N

fully agree. However, given the political direction this nation is headed in, here is how I predict it will play out:

illegals will be given amnesty and declared citizens. They will then be given voting ballots and given instruction how to vote.

When given full power, the deepstate will then pack the SC and the new majority will rule the United States Constitution invalid since it was written by those they disagree with.


31 posted on 10/02/2023 2:36:25 PM PDT by patriot torch (..)
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To: NorthMountain

Understand more reason to wonder why they try to go after Trump on dumb charges.


32 posted on 10/02/2023 2:38:38 PM PDT by Vaduz (....)
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To: Signalman

Mar a Lago is an UNBELIEVABLE property!!! 17 Million wouldn’t buy a 1/4 acre of it!
The judge is PURE EVIL!


33 posted on 10/02/2023 2:39:35 PM PDT by Ann Archy (Abortion....... The HUMAN Sacrifice to the god of Convenience.)
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To: maro

Yes the whole thing is a setup on him.


34 posted on 10/02/2023 2:40:25 PM PDT by Vaduz (....)
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To: patriot torch

Well, if you’re going to focus on the negative and the “what if’s” and “if onlys” you’ll be defeated.

How were we not the HUGE underdogs in 1776 - a rag-tag bunch of colonists against the mightiest military power in the world? How did we still win? ONE REASON. The DIVINE PROVIDENCE of GOD ALMIGHTY and “a firm reliance on Him” (from the Declaration of Independence).

We MUST do the same to win here. With the Constitution, we have ALL the legal and judicial tools and power on OUR SIDE. We are underdogs but in much better position than they were in 1776.


35 posted on 10/02/2023 2:44:08 PM PDT by Jim W N (MAGA by restoring the Gospel of the Grace of Christ (Jude 3) and our Free Constitutional Republic!)
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To: Signalman

“”We have proven that Donald Trump lied about his net worth to enrich himself and cheat the system. No matter how rich or powerful you are, in America, there are consequences for breaking the law.””

I guess they will tell us what specific laws Trump broke?


36 posted on 10/02/2023 2:48:02 PM PDT by plain talk
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To: BikerJoe

In my area it’s closer to 90-95%


37 posted on 10/02/2023 2:48:19 PM PDT by shotgun
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To: Jim W N

I hope your right!


38 posted on 10/02/2023 2:48:48 PM PDT by patriot torch (..)
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To: Vaduz
why they try to go after Trump on dumb charges.

Because they can ... check out the pictures of that smirking freak "Judge" Engoron. He knows it's BS, we know it's BS, he knows we know it's BS, and he thinks there isn't a damn thing anybody can do about it.

This will end badly.

39 posted on 10/02/2023 2:54:35 PM PDT by NorthMountain (... the right of the peopIe to keep and bear arms shall not be infringed)
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To: BipolarBob

It’s the role of assessors and appraisers to define value for each unique purpose. Not Trump.

My mortgage banker doesn’t care what I think the value is, and judging by my property tax neither does my county assessor.


40 posted on 10/02/2023 3:01:54 PM PDT by Made In The USA (Ellen Ate Dynamite Good Bye Ellen)
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