Appraisal Expert Witness: Their Services in Court Proceedings

There are many claims for both automobile insurance and personal injury. Each of them is required to have an expert auto appraiser in order to evaluate the damage done in vehicles or cars. In case there is a valid reason to decline any claims, these experts are the same people who can be requested to take stand acting as the auto expert witness in the court.

Unfortunately, there are lots of auto accidents that happened due to criminal negligence. Those cases will involve big charges like the DUI, reckless driving, speeding, as well as vehicular manslaughter. Inside the court trial, attorneys will always rely on the appraisal expert witness in proving the facts of their explanation.

When do you need an auto appraisal consultant? Generally speaking, any accident may be the cause of either the mistake of the driver or the failure and malfunctioning of one of the cars. Because cars are most of the time the damaged unit, they are torn apart after the high-speed car crash. In this condition, how will the court make the right decision about who is responsible for this accident?

A certified automobile professional will search for revealing signs of the usual problems, even in the worst vehicle accident. His experience also plays the important role of the expert witness. An older auto appraiser may be able to use practical understanding to analyze the accident scene.

In most cases, it is required that the appraisal expert witness has the required expertise. For example, if the attorney is persuaded that his client’s accident happened because of a car model’s fault, the lawyer will search for auto consultant to work as an expert witness. This witness must have used the same car model and brand. He is going to give the testimony based on the practical and the real experience he has.

How to get the best automobile expert? The answer is dependent on the kind of case. However, great lawyers do follow basic guidelines when choosing the expert witness. This is due to the fact that the court trial is an argumentative place. Both of the parties will bring more competent expert witness.

With regards to cases on car accidents, both the juries and the lawyers appear to prefer the practice of professionals coming from automobile industry versus the academic and non-professional specialists. Moreover, attorneys are also in search of auto specialists who have gained certifications in the industry. It is also advantageous when the witness can demonstrate the on-going interest while improving and updating his professional competencies.

Appraisal Expert Witness – The Growing Need

A combination of real estate and appraisal sounds weird. Most of you would have heard the word ‘appraisal’ being used as decision maker to determine an individual’s performance in a company. Real estate too has appraisals and the experts who carry out this are known as appraisal expert witness. Real estate appraisal is the only way by which actual prices and the market value of a property can be determined.

There is a growing need of appraiser in the real estate business. All properties are not the same and their market value is set by their location and the area they cover. Unlike stock and shares, which are never appraised. The reason is simple. You will see thousands of shares being traded daily but the same is not true for a real estate.

An appraisal expert in real estate can be used to testify even mortgages fraud. Such frauds generally require identification of the theft. A broker can misinform the seller and the buyer that the property is worth more than what actually it is. This is done to make bigger commission. The role of an expert here would be to testify and accurately check the actual property rate and bring it to the notice of the jury members.

Appraisers can be hired either by sellers, buyers or homeowners. If you are planning to sell your home they help you understand the market and on that basis they generate a perfect price for your home, give a comparison of your house and other similar houses, and guide you on how to justify your price list in front of the buyer. If you are a buyer an appraiser can help you determine the accuracy of the property rate given to you by the seller. Along with that he also provides you with the actual sale price of other homes in the neighbourhood. Above all they can help you choose your dream home in case you have overlooked it.

Like any other expert witness finding a good and experienced appraiser is very difficult task. If you already had a good experience with a property appraiser in some scenario, it doesn’t mean that the same appraiser can be hired blindly for other property related disputes.  Various types of experts are available for various property disputes.  Whether you are buying or selling a property remember to consult an appraiser for a hassle free deal as they may be a great fit as an appraisal expert witness.

Appraisal Experts For Valuation of Certain Assets

 Appraisal expert witness post by Sam C.

Everything has value in the world nowadays, and value can be a hugely subjective issue. For some people, a piece of modern art may be worth thousands if not millions of pounds, but for others it is just paint splattered on a canvas that isn’t worth the change in their pocket.

There are similar cases in all walks of life; the value of football players is another thing which many people question. Millions of pounds are spent on some players that end up being complete disappointments for their new team, which shows that they were ridiculously over-valued by their new employers, or at least more valued by them than by their original owners.

Imagine that you were looking to buy a new house, and you go to an estate agent for an appraisal of a house that you have seen and you are considering buying. The estate agent gives you a number that you find to be, although quite expensive, is an affordable price. You decide that you want to buy this house, and everything seems to be going well, until a few months after you move in. There is a torrential downpour and the roof leaks so much that it causes flooding in your home, destroying several electrical appliances and causing water damage in various other parts of the house. Upon inspection from the builders, they discover that there was already damage to the roof timber prior to buying the house that should have severely decreased the value. Not only would it have decreased the value, but you would have avoided buying a house with such problems in the first place. This is where an appraisal expert witness would come in.

The appraisal expert to approach would be a leading expert in the valuation of houses, and they will have expertise knowledge on how the estate agent should have gone about valuing the property. They will be able to provide litigation support for you during your case, as well as providing testimony in court. The appraisal expert witnesses are specialists in their field, with relevant qualifications to give them the appropriate authority that they need in a court case.

For you to earn any compensation that you may be entitled to, you will need to make a referral to an expert witness, as they will be able to assure you of whether you have a viable claim or not. With their expert knowledge, you will be able to make a much stronger claim with a greater chance of success.

Appraisal Experts For Valuation of Certain Assets

Appraisals and Valuations Expert Witness

Appraisals and Valuations Expert Witness

An expert in this area would be capable of appraising or valuing property that is being matter of discussion, for example, at a trial. Most often an expert in this area valuates companies or real estate.

In real estate, this is the process of valuing property. The reason for performing this process is that a transaction regarding a specific real estate is not something that occurs often… one cannot set a price on, for example, houses in general, since each individual house has a different value, depending on many variables (location, materials, size, commodities, etc.).

It is frequent that an appraiser provides a written report to the hiring party. These reports can be used for example, but not limited to, settling divorces. Not only the property would be valued and a written report presented, but all this might be used by lawyers to settle the conflict. Additionally, it could be used in court, presented to a jury regarding a misfortune that may have occurred to the property, and thus, regarding an interaction with the insurance company as one of the interested and involved parties.

In some locations, an Appraiser or Valuator will not require a license; however, it is rather unusual. Normally, a person intending to perform these tasks must obtain a license, and this would provide background knowledge and expertise in addition to the experience gathered by appraising different properties over time. This is what grants this individual with qualifications needed to become a Valuation Expert Witness at a court.