A real estate appraisal expert can help resolve valuation disagreements. Since commercial, industrial, residential and agricultural properties all require specific knowledge, finding the right expert witness is not always a simple process. ForensisGroup helps locate the most qualified real estate expert to resolve appraisal, zoning, eminent domain and other issues.
Real estate appraisers are routinely required when there is disagreement over the value assigned to a specific asset. For example, an individual may wish to acquire a home that is part of an estate, and he or she benefits from a low property appraisal. However, other heirs may feel they are entitled to more and will seek an independent estate appraisal to support their position. Real estate valuations may also be contested when value is established based on the current use, when that current use is not the highest and best use. This situation comes up in areas where land use is transitioning from, for example, agricultural to residential use. ForensisGroup has a highly-qualified selection of real estate experts who can provide fact-based expert opinion on the real property value.
Eminent domain is a significant issue in many areas as decisions alter the definition and application of eminent domain laws. The realm of eminent domain has changed dramatically over the past few years, with cities now claiming eminent domain for redevelopment purposes rather than simply for expanding roads or other more traditional uses of eminent domain. An appraisal expert witness is routinely required when values are assessed during the process of taking properties during eminent domain proceedings to ensure property owners are treated fairly.
While real estate appraisal are sometimes needed in litigation, there are many other real property issues that arise where a real estate expert witness from ForensisGroup would help to resolve specific real estate issues. Attorneys involved in estate issues or other real estate litigation are always advised to obtain expert advice early in any proceeding to achieve the best outcomes. Submit An Expert Request Form today.