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To: Kickass Conservative

The Trump Organization found a Bank that doesn’t Employ ANY Property Appraisers I guess.

Fixed it...


15 posted on 02/13/2021 5:37:27 PM PST by Kickass Conservative (Don't blame me, I Voted for the guy who actually Won the 2020 Presidential Election...)
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To: Kickass Conservative

A lot of this stuff is about valuing property as collateral for loans. If Trump says a building is worth x $, and the lender accepts that, one would think thats proper and fair, both sides in agreement.

But an aggressive prosecutor can contest that with an alternate appraisal (a rather archaelogical estimate of its value at the time of the loan) and call the contract fraudulent.


19 posted on 02/13/2021 6:08:11 PM PST by buwaya
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