Posted on 02/25/2024 4:53:35 AM PST by MtnClimber
Like millions of Americans before me, I’ve done exactly what Donald Trump did; namely, sought a loan based upon my best estimate of what my property was worth—and I didn’t look to what the tax assessor said in reaching that value. However, as part of the Democrats’ lawfare, Letitia James twisted a perfectly ordinary act into something evil, and a partisan judge put his imprimatur on her efforts. If it’s allowed to stand, the results will be devastating, not just for the political class but also for normal Americans.
In December 2020, I had to put my home on the market and move 1,000 miles away. Two months before, I’d considered refinancing my mortgage, and the bank gave me a valuation of $285,000. I thought it probably should have been higher, but didn’t really feel like taking the time to investigate because I wasn’t really that worried about it.
That changed in December when I was forced to worry about it. So, I reached out to a realtor friend (an actual realtor, not a guy with a side gig) and asked him to give me an estimate. He thought the house would probably sell for about $305,000, maybe $315,000 tops. Again, I was skeptical, so I started doing my own research. I looked at my community, what was available in my county, and what comparable houses were selling for. I also took note of the neighborhoods, roadways, schools, etc. After all of that, I estimated my house was worth about $400,000. I thought it could sell for $415,000 or even a bit more.
We put it on the market at $405,000 and, ten days later, it was sold with the buyers offering $395,000. We eventually settled for $400,000. I was confident it could have sold for more...
(Excerpt) Read more at americanthinker.com ...
It is a mystery why a leftist troll such as yourself is allowed to infect FR for so long.
The area around Mar-a-Lago is a high rent district. There are some homes valued at 8 and 9 figures. The idea that Mar-a-Lago was only valued at $18M at the time of the loans is laughable. It is a big piece of property. Eyeballing the map and Zillow, 30 homes at $20M+ would easily fit on the property.
Plus Mar-a-Largo is a Jewel in itself. The mind bogles at what it would sell for fully furnished!
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. these are infiltrated communist revolutionary domestic enemy combatant subversive seditionists , not judges, whose main goal is the
criminalization of
Private Property.
how can the whole world not see this ?
.
I have never heard of any bank lending on real estate without the results of an appraisal by an uninterested third-party on file. They may do that for a small home equity loan, but never for the kind of financing Trump sought.
Who is going to charge Letitia James? She’s the top prosecutor in New York. Which is hilarious if you think about it as her entire campaign was about indicting Trump and she won.
Anybody to the right of Lenin should vote GOP in the fascist state, but they won’t.
the persecution of PDJT heralds the persecution of all of us for similar whims and fancies of the local DA
AG Letitia James is common trash - and stupid at that. She's one more reason to ONLY admit people to law school who earned their spot based on merit... Also, every person who received 'help' from that evil monster Goerge Soros should be reviewed for competency.
BTTT
It is completely the same.
Both are loans based on value only given by the bank, and both are loans in which the customer estimates what he hopes to get from it.
Only the bank and the customer decide to go through it, on terms they both subsequently agree to.
There is no defrauding and the bank and customer, in each case, only go forward with mutually beneficial terms.
We now live in a nation of men, not laws. It’s been that way for years, but just now becoming obvious and undeniable. Near absolute immunity for prosecutors and qualified immunity for police allows them to expand government power and crimes beyond statutory law with impunity. They only need to find one incompetent or corrupt judge to destroy a person’s life. This needs to change.
Who is that, sitting next to Trump at Mar-a-Lago?
Very Good.
The whole world does see it.
Americans are lied to. And cheated on.
also profit
and capitalism.
and freedom
they want their serfs back.
they are Regressives ,
fighting to return to paganism .
On the thread Jim Jordan Reveals New Whistleblower From Fani Willis’ Office, our leftist troll ends up attacking Jim Jordan [using the Leftist Democrat smear "Gym Jordan"], and gives the corrupt Fatti Wills a COMPLETE pass...
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