Whether you own a home, commercial property, or undeveloped land, you left no stone unturned to find the right property and secure the necessary financing. But do you know your rights if your property is condemned by the local, state, or federal government for an eminent domain project?
Ferstl Valuation Services has been offering real estate appraisals in Little Rock since 1967, and we’re also certified appraisers in Louisiana, Tennessee, and Oklahoma. We have the experience that buyers, sellers, and lenders can rely on, and we offer trusted commercial and residential real estate appraisals and real estate consulting services. We’re also Arkansas Bar licensed attorneys uniquely qualified to act as real estate expert witnesses in the most technical and complex of cases. We’re always a phone call or mouse click away if you find yourself involved in a property dispute, and our services include expert testimony, trial preparation, exhibit preparation, cross-examination, and rebuttal testimony.
Eminent domain is primarily used for road or highway expansion, but an increasing number of cities are using eminent domain laws for new infrastructure developments and other special municipal projects if your property is located in a targeted area, our team of experienced appraisers will help you protect your interests and provide an independent expert opinion of its fair market value. The Fifth Amendment of the U.S. Constitution guarantees your right to just compensation for your property, and if you choose to dispute the government’s valuation, we’ll ensure that you’re properly prepared when your case goes to court.
The expert witness cannot act as your advocate or negotiator, but you can and should hire someone to act in that role. Expert witnesses speak only to their area of expertise as instructed and will formulate an expert witness report that both the plaintiff and defendant will see. An expert witness’ credibility hinges on his or her impartiality, and the court will expect your witness to deliver a true and impartial opinion, even if the findings don’t necessarily support your side of the case. Furthermore, in the event of a real or perceived conflict of interest, any reputable expert witness will advise you to seek representation elsewhere.
If you have any additional questions about expert witness testimony or Little Rock real estate appraisal services, contact us online or at 501-313-0641.
