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Real Estate Insiders Bewildered by Judge’s $18M Valuation of Trump’s Mar-a-Lago: ‘Would list at $300M’
New York Post ^ | September 27, 2023 | Mary K. Jacob

Posted on 09/27/2023 1:37:51 PM PDT by Macho MAGA Man

click here to read article


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To: Macho MAGA Man

Possibly a dumb question.... Who is the victim in this fraud case?


41 posted on 09/27/2023 2:20:18 PM PDT by qaz123
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To: frnewsjunkie

A judge cannot put a value on property..not legally.


42 posted on 09/27/2023 2:20:25 PM PDT by frnewsjunkie
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To: Sarah Barracuda

Another question....How does a NY judge have anything to do with a property in Florida?


43 posted on 09/27/2023 2:21:32 PM PDT by qaz123
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To: teeman8r

“i wonder what the real estate assessment says.”

Trump should file an immediate appeal with the County Clerk demanding a refund of all the property taxes he’s paid over the years.

See how they like that.

L


44 posted on 09/27/2023 2:21:44 PM PDT by Lurker ( Peaceful coexistence with the Left is not possible. Stop pretending that it is. )
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To: Petrosius

Tossed in there is usually a real estate appraisal if the buyer is going to finance anything.


45 posted on 09/27/2023 2:23:03 PM PDT by qaz123
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To: Locomotive Breath

>>For tax purposes there should be a public on-the-record valuation of that property.

“From 2011-2021 the Palm Beach County Assessor appraised the market value of Mar-a-Lago at between $18 million and $27.6 million. NYSCEF Doc. No.905.”

https://www.courthousenews.com/wp-content/uploads/2023/09/trump-james-summary-judgment-new-york-supreme.pdf


46 posted on 09/27/2023 2:23:52 PM PDT by FarCenter (https://www.reuters.com/world/americas/aircraft-glitch-delays-canada-pm-trudeaus-departure-india-202)
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To: Macho MAGA Man; All

evaluated the worth of Trump’s prized Mar-a-Lago Club resort at $18 million, ruling that the property was inflated by 2,300%.

How much did Limbaugh’s wife sell his house for?


47 posted on 09/27/2023 2:24:06 PM PDT by qaz123
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To: Macho MAGA Man

The judge

Watch me pull a number out of my hat

He is not in the position to determine value.
Indeed


48 posted on 09/27/2023 2:26:36 PM PDT by Vaduz (....)
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To: PGR88

>>It was a deal between private parties. None complained, none brought suit. All loans were paid back. And if local Florida government entities had a problem, they could easily re-value the property, could have taken Trump to court at any time over the past decades, or changed their tax laws.

According to NY State Law, lying on a Statement of Financial Condition is an offense by itself without any intent to defraud.

See bottom of page 20 of https://www.courthousenews.com/wp-content/uploads/2023/09/trump-james-summary-judgment-new-york-supreme.pdf


49 posted on 09/27/2023 2:28:40 PM PDT by FarCenter (https://www.reuters.com/world/americas/aircraft-glitch-delays-canada-pm-trudeaus-departure-india-202)
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To: Macho MAGA Man

The judges must have been paid big bucks by Dem supporters to make their rulings regarding Real Estate Appraisals. They are not qualified and will lose on appeal.


50 posted on 09/27/2023 2:30:05 PM PDT by chopperk
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To: Macho MAGA Man

Find out the insurable values for the properties. That should set the upper limits.


51 posted on 09/27/2023 2:31:23 PM PDT by Mashood
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To: Macho MAGA Man

In my county, anyone can do a property search and see what the county values a property at for taxing purposes. I bet the Judge can ask Palm Beach County what they put for a value.


52 posted on 09/27/2023 2:31:46 PM PDT by skr (Righteousness exalteth a nation: but sin is a reproach to any people. - Proverbs 14:34)
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To: qaz123

They dont..the prick just made up a number so that it looks like Mar A Lago isn’t worth what he claims it does. Just look at Mar A Lago, I dont need Trump to tell me what its worth I can see that for myself


53 posted on 09/27/2023 2:32:11 PM PDT by Sarah Barracuda
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To: Macho MAGA Man

Has the STATE Filed Criminal Charges against this Judge for Issuing a “Real Estate” appraisal without being LICENSED by the State to do so?”:??

https://dos.ny.gov/system/files/documents/2022/03/re-appraiser-3-21.pdf


54 posted on 09/27/2023 2:32:46 PM PDT by eyeamok
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To: Macho MAGA Man

$18 million wouldn’t cover the cost of the china, silver, glass and linens. The Big Four of Hotels.


55 posted on 09/27/2023 2:33:13 PM PDT by Fledermaus (It's time to get rid of the Three McStooges; Mitch, Kevin and Ronna!)
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To: pgyanke

No.

Can’t enforce his unconstitutional BS.


56 posted on 09/27/2023 2:34:17 PM PDT by Fledermaus (It's time to get rid of the Three McStooges; Mitch, Kevin and Ronna!)
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To: FarCenter
According to NY State Law, lying on a Statement of Financial Condition is an offense by itself without any intent to defraud.

It still MEANS NOTHING. His bank and insurance counterparts and he decided the value.

to push the idea a NY State judge can decide the value 20 years later, and then declare the deal somehow invalid or illegal - is simply stupid.

We should use this same measure of fraud on the US Federal Reserve. They have just recently given $$ hundreds of billions to banks, paying then 100% of face value on bonds they are holding which in fact have declined by 40-50% in value.

57 posted on 09/27/2023 2:34:42 PM PDT by PGR88
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To: Jonty30

Not going to hapoen


58 posted on 09/27/2023 2:35:28 PM PDT by Fledermaus (It's time to get rid of the Three McStooges; Mitch, Kevin and Ronna!)
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To: Macho MAGA Man

For a comp, Rush Limbaugh’s estate which is up the street from Mar a Lago sold this year for $155 million and was not as grand as Mar a Lago. $500 million is a good estimate.


59 posted on 09/27/2023 2:36:01 PM PDT by growingpains
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To: Macho MAGA Man

There is only one solution at hand. It does not including living with these commies.


60 posted on 09/27/2023 2:36:34 PM PDT by ConservativeInPA (Vacate the chair. Shutter the government until it can be correctly defunded.)
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