Testimony from an real estate expert witness could help make or break your case.
If you find yourself in the middle of a real estate dispute, then you may need a real estate expert witness who can give factual analysis, serve as a guard against bias, and act as a professional consultant for your lawyer. Whether you are involved in a home building dispute or a potential breach in a construction contract, testimony from an real estate expert witness could be the deciding factor when it comes time for your day in court.
The type of commercial appraisal method used to evaluate your property depends on the circumstances, location, and earning potential.
Whether you are looking to buy or sell a piece of commercial property, you will need to have a commercial property appraisal done at some point before closing. In today’s market, lenders typically require an appraisal prior to signing off on a mortgage or other real estate loan. Lenders want assurances that the value of the property they are financing at least meets the terms of the loan. Understanding the three most common commercial appraisal methods will allow you to take a more active role in the process.