Trump’s Mar-a-Lago Florida estate could be the key to him paying the $464 million bond he owes in his New York fraud trial — but he needs to move fast, a real estate expert said Tuesday.
Though the former president’s real estate is expansive, he won’t have time to sell before the Monday deadline set for him to pay the bond, Bess Freedman, CEO of the luxury estate firm Brown, Harris Stevens, told CNN’s Erin Burnett.
Mar-a-Lago is the one property that’s tempting enough that a buyer might be willing to snap up fast.
“I think it’s a little, we don’t have enough time,” Freedman said. “ … I think you need at least 30 days to get any of these properties sold.
“But Mar-a-Lago, potentially that could be something that could be sold quickly. I think the valuation is something in the hundreds of millions and I think there could be a buyer for something like that.”
Burnett pointed out there wouldn’t be enough time for a buyer to even see the place.
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