Judge undervalued his assets, ‘drive-by appraisals’.
I hear appraisals are for tax reasons only and have no bearing on loans given?.
Paging Perry Mason
Also, the banks did their own due diligence.
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.
I like what Tucker Carlson said today. “This is not a legal proceeding. This is a grotesque parody of the system that our forefathers created, the fairest in the world.”