Thank you for finally getting specific. The apartment probably included unfinished garage space, but why do you think that would change the valuation much? Why didnt the loan company verify the information which is literally part of their due diligence?
Your whole case behind giving a fine of 400 million or so is based on a difference of about a million in appraised value change, which apparently the bank didnt even care about.
Are you suggesting that lying on a document is legal if others can figure out the truth? That’s not how the law works, at all.
Try reporting an income of $0 on your taxes this year. An obvious lie, but the IRS probably already knows your income. They probably even already collected your taxes. Nevertheless, you will face consequences.
If you claim a thing that is defensible and say that its up to the other person to verify it, then its just part of how things work. The real question is why do you care what agreement two parties come to and are happy about the outcome?
The IRS is different than a bank, and income is different than appraised value.
Thank you for finally getting specific. The apartment probably included unfinished garage space, but why do you think that would change the valuation much? Why didnt the loan company verify the information which is literally part of their due diligence?
Your whole case behind giving a fine of 400 million or so is based on a difference of about a million in appraised value change, which apparently the bank didnt even care about.
Are you suggesting that lying on a document is legal if others can figure out the truth? That’s not how the law works, at all.
Try reporting an income of $0 on your taxes this year. An obvious lie, but the IRS probably already knows your income. They probably even already collected your taxes. Nevertheless, you will face consequences.
If you claim a thing that is defensible and say that its up to the other person to verify it, then its just part of how things work. The real question is why do you care what agreement two parties come to and are happy about the outcome?
The IRS is different than a bank, and income is different than appraised value.