Godboy
Diamond Member
- Dec 29, 2008
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Banks do their own research when it comes to valuing properties. Its up to them whether or not to accept a deal. Why wouldnt anyone want it to be otherwise?From an earlier post (#58 ):
"".... he owes another $60 million in profits for the sale of the lease and management rights to the Ferry Point golf course in New York City, another contract that Engoron found the Trump Organization obtained through deception."
"By presenting the federal agency with a steeply inflated picture of Trump’s finances, he unfairly obtained the lucrative contracts ahead of other candidate..."
You might have conflicting appraisals, but at the end of the day a property is worth whatever you can sell it for. Trump has a long history of negotiating good deals. I see no reason why he cant claim its worth more than what some other guy thinks its worth.