Remove Government Remove Legal Remove Market Value Remove Valuation
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Expert Witness Testimony: The Indispensable Role of Real Estate Appraisers in Legal Disputes

Boston Appraisal

In legal disputes, the accurate valuation of real estate can be pivotal, making real estate appraisers key expert witnesses. Their specialized knowledge and objective analysis provide crucial evidence that can shed light on complex issues, shape legal strategies, and underpin strong case arguments.

Legal 148
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Magistrate judge recommends $46M in restitution from former Live Well CEO

Housing Wire

government and former Live Well Financial CEO Michael Hild regarding a restitution amount owed to the company’s creditors, a magistrate judge overseeing the issue has recommended that Hild pay more than $46 million. Attorneys for Hild and the government have been at odds for the better part of a year over restitution.

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FHFA’s RFI on appraisals is a critical inflection point

Housing Wire

One significant factor behind the lack of evolution in the appraisal industry is that the American housing market has grown at a much higher rate than the pool of licensed professionals that are legally certified to appraise residential real estate. Real estate agents in particular understand local properties extremely well.

Appraisal 314
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26 Reasons to Get an Appraisal

Realvals

” ( source ) The only way to obtain legal ownership of the property is to go through the probate process. An appraisal can assist you in determining the value of real estate, personal items, and business interests. Appraisers provide unbiased valuations that may help reduce any potential conflicts among beneficiaries.

Appraisal 145
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What It Takes to Be An Expert Appraisal Witness in An Eminent Domain Case

Cleveland Appraisal Blog

Eminent domain or the power of the government to take private property for a public use without the landowner’s consent is embedded in the Fifth Amendment to the U.S. Becoming an expert appraisal witness in an eminent domain case starts with developing a comprehensive understanding of how value is determined in this special proceeding.

Appraisal 309
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What Is A Home Appraisal?

DataMaster

The market was hot and homes were selling for $10 to $20 thousand more than the asking price. Home values were skyrocketing and rising weekly. In Art’s eyes, the valuation of his home wasn’t keeping up with the current market’s trajectory. We must look at the market analysis and where we are coming from.

Appraisal 158
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RESPA enforcement is back — are you ready?

Housing Wire

One can’t spend more than the reasonable market value, must also use these services and actually receive them. “The line of what is legal and illegal depends on who is running the CFPB,” Steve Murray, partner at RealTrends Consulting , said. But that comes with some caveats.