WTSooner
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- Feb 26, 2011
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and none of that range will hold up .... just like if me and you want to buy the same house for cash and bid against eachother .. we can pay 10x the appraisal if we want to and that is not blocked in court .. it would just be the value of the house in the market ..
That isn't remotely the same thing.
Pay 10x the appraisal price then try to convince the IRS or a bank that is fair value. A bank isn't going to lone you 10x appraisal value. Why? Because that isn't fair value. You overpaid. In some parts of society and commerce, that is okay. It's not okay when trying to BUY college athletes.
You think everything ends up in court and very little of it actually does. It's really weird. It's a weird default. If you don't let me and my company pay what we want, I/we will sue. Like, what?