Real estate Agent Testifies Trump’s Mar-a-Lago Resort Worth Up To $1 billion
Earlier this year, New York Attorney General Letitia James filed a civil fraud lawsuit against former President Donald Trump, alleging that he had overvalued his properties in order to secure bank loans.The Manhattan judge (Engoron) deciding Donald Trump’s fate at his civil fraud trial Monday stood by the $18 million valuation of the former president’s sprawling Mar-a-Lago estate — despite real estate experts blasting the estimate as “utterly delusional.” However, if the testimony of one witness is to be believed, then the case may culminate in a victory for the former president.
Lawrence A. Moens, a Florida real estate agent, has compared Trump’s Mar-a-Lago resort to the Taj Mahal in a deposition he made in July this year according to Bloomberg.
I used to work for a competitor company in Palm Beach real estate years ago and Moens is considered a top broker in Palm Beach properties.
Read what Larry Moens has to say
8 comments:
It's worth exactly what someone will pay for it.
The house and out-buildings can't compare to the ground it's on. That's where the value is.
Lynn, look at a picture of the Taj Mahal, and then tell me Mar a Lago looks like it.
Nobody talks more smack than a Real Estate Agent, and unless Trump is contemplating selling it, which would be a shame, considering that I think he is really happy there, and it's the kids family home, why speculate on its' value.
Larry Moens was not comparing the Taj Mahal to Mar-A-Lago in the way it looks but in importance and value. Even PAPA has it appraised for more than $18 million.
@8:04...some properties are worth way more than what they sell for. The estate has tremendous value and is a National Historic Landmark but location is a huge part of its value.
Only an eccentric would want to live there. The value is in the ground.
Nobody cares about Marjorie Merriweather Post anymore.
@1:58...Liberals have no respect for history and love casting stones. Mar-A-Lago is a club worth maybe a billion. You should be so lucky to reside there for one moment.
What would that do for you, to live there?
There are many more beautiful estates on Palm Beach, and elsewhere in this area that are far more appealing.
@5:22...there rae many beautiful estates in Palm Beach but this is an historic property.
Appealing is your opinion.
You just want to knock Mar-A-Lago because of your politics I would assume. No one cares
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