• Just a thought, but maybe:

    3.9 - what he paid for it, and therefore the value on the land registry
    10.0 what his realtor was trying to get, based on market peak
    3.1 - what the buyer borrowed to buy it, and quite possibly most of the sale price

    LA might be holding a fire sale, because

    easier to hide $10mil than a house.

    So take a modest hit on the house and bury the money where it will be harder for the pursuers to find it , rather than hang on to the house and lose it all because real estate is easy to lien

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