Appraisal Witness: Qualified Expert

Appraisal Witness: Qualified Expert

Expert Appraisal Witness

Wednesday, January 30th, 2008 5:55pm

Looking for an appraisal witness that has experience in the courtroom too?

A college degree combined with appraisal classes does not necessarily translate that the appraiser will be able to hold up to the rigors of cross examination during litigation. Generally, an appraiser is an expert in their field of choice, and this alone doesn’t stand the test in litigation settings. Most appraisers do not have the necessary skills, nor do they want the skills to attend court or a deposition in order to be questioned as an expert appraisal witness.

If you are in the position where you require an appraisal witness, you need to turn to a company that has the skills to meet your needs. DurkinValuation Associates combines years of field valuations, appraisal training as a Accredited Senior Appraiser (ASA), Graduate Personal Property Appraiser (GPPA), Senior Professional Appraiser (SPA), Expert Appraisal Witness Courses (N.A.P.A.), and the latest USPAP 2012 – 2013 testing with actual court and deposition performance as an expert witness, to supply the service that you need.

Durkin Valuation can provide you with a valuation service, undertaken by an expert appraisal witness that can produce a variety of valuation reports for a large range of real property, personal tangible and intangible property and sales of machinery and equipment. Reasonably priced and professionally presented, our expert appraisal witnesses are committed to providing the highest level of service. As such, we guarantee to defend any appraisal produced by our company with participation in deposition, mock trial and/or court appearance as an expert appraisal witness.

The specialities of our expert appraisal witnesses include cases involving Personal Property, Replacement Value for Insurance, Marital Estates, IRS Charitable Contributions, and Decedent Estates. We are also able to provide Expert Testimony for these areas of our expertise.

If personal property or a business changes hands or is divided, it’s vital that a defendable value is established to protect everyone involved. Using the services of an expert appraiser can help to simplify negotiations, and deter any disputes or litigation between all the involved parties.

In the event that negotiations come to a stand still, a professional appraisal provided by an expert appraisal witness can be highly beneficial for an attorney or trustee. An expert appraisal witness should be consulted by anyone who is involved in conducting estate or divorce proceedings or assuming fiduciary responsibility for personal property of individuals or businesses.

All of the reports provided by our professional expert appraisal witnesses are independent and defendable, written in accord with (USPAP 2012-2013), the Uniform Standards of Professional Appraisal Practice.

Durkin Valuation Associates have numerous appraisers with a sum total of 70 years experience appraising and we are willing to appraise nation wide (or anywhere in the world) and testify as expert witnesses. Telephone: (617) 720-0332

Expert Appraisal Witness
  1. (required)
  2. (valid email required)
Please answer the Human verification question.
 

cforms contact form by delicious:days

appraisal witness,expert witness

Technorati Tags: ,

Appraisal Witness

Saturday, February 02nd, 2008 9:10am

What to expect of Durkin Valuation Appraisers:

A detailed inventory by a professional, expert appraisal witness, presented in compliance with the Uniform Standards of Professional Appraisal Practice.

Where necessary, an expert appraisal witness will conduct a physical inspection of the property.

Professional and expert appraisal witnesses with current knowledge of the fluctuating market, through use of on-line services, auction prices and an extensive library of reference materials.

CONSULTING SERVICES

Our expert appraisal witnesses are highly experienced in assisting prospective clients in formulating management and exit strategies for their assets. While client’s can benefit from accelerated marketing, there are times when an alternative marketing approach will yield more wealth. Our expert appraisal witnesses have the knowledge and expertise to help with developing these plans.

Our expert appraisal witnesses have years of training and field experience, which allow them to analyze and create working strategies.

EXPERIENCE

Our expert appraisal witnesses have experience in the following asset valuation areas:

Business Valuations
Machinery and Equipment Appraisal
Decedent Estate Appraisal
Dissolution Estate Appraisal (Divorce)
Computer equipment
Divorce
Farm and agricultural equipment
Furniture and fixtures
Heavy and light construction equipment
Manufacturing plant
Medical, dental and veterinary equipment
Mergers, acquisitions
Partnership buyouts
Business dissolutions
Insurance
Charitable donations
Settlement of insurance claims
Damage or total loss due to natural disasters, flood, hurricane, tornado, wind
Estate settlement
Auctions
Sales of surplus capacity
Inventory liquidation
Litigation
Establish asset-based lines of credit
Networking equipment
Printing equipment
Restaurant/food handling/grocery equipment
Textile
Chemical and plastics equipment
Transportation or trucking equipment
Vehicles
Wood and metal working equipment
Oil and Gas, drilling equipment
Antiques.

Our expert appraisal witnesses are members of the National Associations of Professional Appraisers, American Society of Appraisers and the National Auctioneers Association, which use the Uniform Standards of Professional Appraisal Practice (USPAP) that is governed by the Appraisal Foundation, authorized by Congress as the Source of Appraisal Standards and Appraisal Qualifications.

TRAINING AND EDUCATION

To ensure that you are provided with the highest possible service, our expert appraisal witnesses have field experience, combined with the following appraisal courses and accreditations:

Senior Professional Appraiser (SPA), NAPA
Graduate Personal Property Appraiser (GPPA), NAA
Accredited Senior Appraiser, ASA
Uniform Standards of Professional Appraisal Practice (USPAP 2012)

This training means that you are guaranteed quality when using one of our expert appraisal witnesses, as they have both the knowledge and skills required to assist you in all your valuations needs.

Durkin Valuation Associates have numerous appraisers from 30 years experience appraising and we are willing to testify as expert witnesses anywhere in the world. Telephone: (617) 720-0332

Expert Appraisal Witness
  1. (required)
  2. (valid email required)
Please answer the Human verification question.
 

cforms contact form by delicious:days


appraisal witness,expert witness,Durkin Valuation Associates

Technorati Tags: , ,

Machinery and Equipment Appraisal

Friday, July 04th, 2008 10:39am

Machinery and equipment appraisals are usually needed when there is a business bankruptcy, changes hands, partnership dissolutions, acquisitions, estate settlements, mergers, or the business needs financing. Machinery and equipment appraisals will allow the owners of the business or the court to realize value to risk, depreciation, value for distribution or value for sale. After the machinery and equipment appraisal the appraiser may be asked to give his testimony in court defending his valuation or be called as an expert appraisal witnesses. Machinery and equipment appraisals includes offices, industries, mines, factories, medical facilities, food processors, and is limited only to machinery and equipment that is commercially manufactured as well as custom manufactured. In some cases the machinery and equipment is immobile and the machinery and equipment appraisals are valued on site, in place.

Machinery and equipment appraisals will be needed if you are trying to negotiate a settlement with your insurance company due to damage or loss? Tax deductions on equipment that is donated will need an accredited *** machinery and equipment appraisal attached to your tax return. Natural disaster such as wind, floods, tornadoes, hurricanes, earthquakes, earth slides and sink holes claims billions of dollars of machinery and equipment each year. A Machinery and equipment appraisal of your equipment, before the natural disaster, will expedite your insurance claim. Should disaster strike equipment, a machinery and equipment appraisal can still be performed to document your loss and recover the amount needed to continue the business.

Many buyers would like to know the true value of machinery and equipment before they buy it. Machinery and equipment appraisals are tailored to describe present value, percent of wear, resale value, liquidation value and fair market value, from which you can comfortably determine a bid or proposal.

Lease disputes are common and not often resolved before going to court. A Machinery and equipment appraisal by an accredited expert appraisal witness can make the difference between resolution and business failure.

*** Accredited appraisal is only performed by an appraiser that has met all the CURRENT legal qualifications required by laws passed as recent as 2008. USPAP (Uniform Standards of Professional Appraisal Practice) criteria is set up by Congress. The latest standards of 2008 must be adhered to by an accredited appraiser that has passed the USPAP test in 2012. Most appraisers HAVE NOT passed the current USPAP test and therefore do not qualify to tender an appraisal that is accredited.

Durkin Valuation Associates are accredited appraisers, USPAP Compliant and have successfully passed the 2012-2013 Uniform Standards of Professional Appraisal Practice test. Our Senior appraisers have 70 years combined appraisal experience during the last 30 years. Call  (617) 720-0332 or email below for more information.

Expert Appraisal Witness
  1. (required)
  2. (valid email required)
Please answer the Human verification question.
 

cforms contact form by delicious:days


machinery and equipment appraisals,expert appraisal witness

Technorati Tags: ,

Divorce Pension Division

Wednesday, May 07th, 2008 11:18am

Divorce Pension Division is always accomplished by an accredited personal property appraiser. Arriving at a fair split of the subject pension can only be done with a qualified appraiser determining the value of the pension at the time of the divorce.

Consider this hypothetical situation and the problems in determining a divorce pension amount. The recipient of the benefit began employment at 21, and is now 49. Their current pension plan allows them to retire after 30 years of service with a supplemented pension allocation. This means that the recipient is able to retire at 51 and receive an annual figure of $34,200 until they reach 62 years (when Social Security benefits commence). Once 62 years, they will continue to receive $17,100 annually, until death.

If, however, the recipient were to leave the company by the marital property accrual cutoff date at 50 years, with 29 years of service, their benefit entitlement would be $16,821 annually, commencing once they reached 65 years and continuing until death.
Depending on the approach used to determine the divorce pension amount, the amount allocated as the divorce retirement figure will be extremely different. If the divorce pension figure is decided by the deferred approach, then the non recipient will receive a divorce retirement settlement sum far below what the actual benefit will be worth.

The only time this dilemma does not present itself in divorce pension settlements is when the recipient is already retired, or if they have left employment. In all other situations, attorneys must confront this issue when determining a divorce retirement sum.
Where case law directs that you use the deferred vested approach to reach a divorce pension settlement amount, and you represent the non recipient, unless you can persuade the recipient to agree to a larger divorce retirement figure, the distribution of assets will be inequitable, but within the law.

Divorce Pension Division is one of the specialties of Durkin Valuation Associates. If the litigation involves a contesting of the Divorce Pension Division, Durkin Valuation Associates are expert appraisal witnesses giving irrefutable testimony to support our appraisals and valuations.
(617) 720-0332

Expert Appraisal Witness
  1. (required)
  2. (valid email required)
Please answer the Human verification question.
 

cforms contact form by delicious:days


Divorce Pension,appraisal witness

Technorati Tags: ,

Appraisal Reform for Reviews

Wednesday, April 30th, 2008 8:12am

Appraisal Reform has swept the nation with The Federal Reserve directing the broom at our local and national banks. These financial institutions now must have independent, effective appraisal and valuation programs. Furthermore appraisers performing reviews must have the expertise and knowledge to comply with the Federal Reserve’s appraisal guidelines and regulations as outlined in The Uniform Standards of Professional Appraisal Practice as stipulated by the Appraisal Foundation. Durkin Valuation Associates provide appraisal review services that are professional, qualified, independent, and compliant with the 2012-2013 government guidelines.

Appraisal reform for reviews should determine the risk of the transaction, whether the process by which the collateral valuation is obtained ensures quality and independence, and whether the appraisal or valuation is appropriate for the transaction, according to new banking guidelines. The scope of the appraisal assignment which is set forth in the engagement letter must be consistent with the valuation or appraisal report. The Federal Reserve comments that post-funding evaluations of appraisal quality for some of their greater-value transactions or higher-risk transactions as a control to assist in detecting valuation problems is used by some banks to augment routine appraisal reviews.

Durkin Valuation Associates are experienced in every type of appraisal review procedure, appraisal reviews, and the latest USPAP requirements for review appraisers. Each appraisal, appraisal review, appraisal report, consultation or valuation is performed within the most up to date laws, by our qualified, Senior Professional Appraisers that are governed by USPAP, who also adhere to the highest ethical unbiased codes of our appraisal associations, ASA, NAPA and GPPA. Seventy years of combined valuation experience of 7 senior appraisers offering professional appraisal services nationwide. We realize that our work may be reviewed by banks, attorneys and courts. Every appraisal is compiled with the anticipation that this appraisal could be litigated. Every appraisal by Durkin Valuation Associates is prepared by an Expert Appraisal Witness who is prepared to give irrefutable testimony in defense of his valuation report.
Call (617) 720-0332

Expert Appraisal Witness
  1. (required)
  2. (valid email required)
Please answer the Human verification question.
 

cforms contact form by delicious:days


[tag]appraisal reform,appraisal review,valuation,appraisal[/tag

Divorce Pension Settlement

Monday, April 28th, 2008 4:06pm

Divorce Pension Settlement can only be achieved with valuation, appraisal and then distribution. Divorce Pension Settlements takes a qualified appraiser with experience in divorce pension settlement valuations. The amount allocated as a divorce pension figure can also be further altered by a Qualified Domestic Relations Order. The divorce pension figure decided upon for the non recipient is based upon a concrete figure that doesn’t change from year to year, despite the fact that the amount is adjusted for the recipient, based upon inflation. So while a defined benefit plan may be the most valuable asset in a marriage, often, the divorce retirement figure allocated to be paid as the divorce pension amount will be far below what the recipient will receive once eligible to receive their benefit.

How Divorce Pension Amounts are Calculated
There are two main ways that a divorce retirement figure is reached by an appraiser. The approach used will depend upon case and state law, and the facts of each individual situation. And while both have their uses, neither is a great tool when deciding upon a fair divorce retirement sum.

    1. 1. Deferred vested pension appraisal “ this approach only takes into account the benefit earned up to the marital property cut-off date. This approach often leads to a divorce pension figure far lower the actual value of the pension, and can make settlement far more difficult if the parties are aware that the divorce retirement sum is inequitable.
      However, this approach does exist for a reason, and can be used in certain cases to reach a divorce pension settlement amount. If the recipient has lost the job, quit, or is likely to lose the job, then this is a suitable approach in allocating a divorce pension amount. It is also a fitting approach in reaching a divorce retirement sum if the recipient works in an industry where working breaks are normal and for a sustainable period (construction and entertainment industries are a good example). In these cases, it is difficult to conclude whether any further benefit will be accrued, so this approach is appropriate in determining a divorce pension figure.
      2. Matured full benefit pension appraisal  this approach assumes that the recipient will continue to work until their unreduced retirement date without any changes to their base salary from the marital cut-off date to the retirement date. The divorce pension amount is then derived by determining the full benefit amount and reducing it by a coverture calculation. This is usually a far fairer way of determining a divorce retirement sum.
      Where the benefit amount is speculative, due to the industry (such as construction and entertainment industries), a Qualified Domestic Relations Order can be used when determining the divorce pension amount.

Appraisal witness usually is needed in divorce pension cases as litigation seems to prevail when retirement benefits are divvied up. Durkin Valuation Associates are Expert Appraisal Witnesses who prepare every appraisal as if it will be challenged and need an appraisal witness to give irrefutable testimony in defense of the valuation. Call (617) 720-0332

Expert Appraisal Witness
  1. (required)
  2. (valid email required)
Please answer the Human verification question.
 

cforms contact form by delicious:days


Divorce pension,Divorce retirement,appraisal

Technorati Tags: , ,

Expert Appraisal Witness Testimony

Tuesday, April 08th, 2008 3:59pm

Expert appraisal witness testimony can make the difference in winning the case against your opponent. After finding someone do you believe to have specials deals or knowledge in the appraisal field of your case, several aspects of this expert witness needs to be addressed.

Here are seven expert appraisal witness characteristics that are needed in the testimony for your case, that will lead to a win:

    1. 1. Professionalism–An individual appearing before the court as an expert appraisal witness must have a professional appearance, professional attitude and display professional conduct.
      2. Knowledgeable– the testimony of an expert appraisal witness must display in-depth knowledge of the subject matter. This knowledge will always be portrayed by the individual that has years of experience appraising in the field that requires your expert appraisal witness testimony.
      3. Preparedness– When you receive your accredited appraisal, you’ll have your first clue as to the depth of this appraiser’s report. The appraisal report should have all references that will be needed to defend the appraisal report, should litigation arise. Beware if the report seems incomplete, short or inconclusive. If you have any doubts about your appraisal report, resolve these issues at the time you receive the appraisal report. The appraisal witness should be able to defend, explain and consult with you on all aspects concerning his appraisal report.
      4. Unbiased– The appraisal report that you request must be completely unbiased. The appraiser that compiles the appraisal report must be completely unbiased. The testimony that your expert appraisal witness surrenders must be completely unbiased. This characteristic is paramount your case is to be successful. An unbiased appraiser may be called upon to compile an appraisal report for both parties.
      5. Thoroughness– a knowledgeable professional who is prepared through their experience, their training and who has done their due diligence regarding the appraisal for this case and has documented their methods for appraisal and their references, can be relied upon to deliver an accurate testimony on which the trier’s of fact can understand and depend upon the appraiser’s opinions.
      6. Credibility The credibility of an expert witness requires that the witness not be partial or adversarial, that his credentials are impeccable, and the truth. The opposing counsel will attack this characteristic, the hardest to impeach an expert appraisal witness.
      7. Honesty– the smallest untruth fractures, the entire testimony. The weight given a appraisal witness is always greater in believability, if they are consistently truthful throughout the entire litigation process. Honesty cannot be compromised by an expert appraisal witness.

Durkin Valuation Associates bring 30 years of experienced together in 7 Senior Professional Appraisers with a combined 70 years of valuations. Call us at (617) 720-0332.

Expert Appraisal Witness
  1. (required)
  2. (valid email required)
Please answer the Human verification question.
 

cforms contact form by delicious:days


appraisal witness,witness testimony

Technorati Tags: ,

Appraisal Witness Frequently Asked Questions

Saturday, March 29th, 2008 1:47pm

Appraisal Witness FAQs

What is an appraisal witness?

    An expert appraisal witness is an appraiser who is accredited, compliant with the latest government USPAP rules and laws, an expert who has testified in litigation environments (deposition, courtroom, mock trial, and administrative hearings) and has been deemed by the Judge to qualify to testify on matters pertaining to appraisals. An appraisal witness is a person that has specialized training, education, or experience that has allowed them to develop skill or knowledge in valuations, so that they can form an opinion that will help the fact finders of the case.

What is an accredited appraiser?

    An accredited appraiser is a person who has fulfilled their qualifications to be an appraiser through experience, education or specialized training and has successfully completed the government-sponsored 15 hour USPAP course and passed the USPAP test with at least a 70 point score.

What is a certified appraiser?

    A certified appraiser is usually a real estate appraiser that is licensed by the state in which they reside. A certified appraiser is seldom qualified to appraise personal property.

When would I need an accredited appraisal?

  • You should always seek an accredited appraisal, if there is the slightest chance that the value of the assets appraised will be contested or that the appraisal will appear in court and need to be defended.
  • You will need an accredited appraisal, if you deal with the IRS or any government agency that will review your appraisal.
  • You will need an accredited appraisal, if a bank or lending institution will use the appraisal in conjunction with the lending of moneys.
  • You will need an accredited appraisal in the case of divorce, mergers, partnership dissolution, liquidations and for the valuation of machinery and equipment of public corporations each year, such as power and light companies.
  • All donations that exceed $5,000, will require an accredited appraisal attached to your tax return to qualify as a legitimate deduction.

What kind of appraisal, do I need to satisfy the IRS?

    Only an accredited appraisal will be excepted for the IRS and all Federal government agencies.

Can I get an appraisal from my CPA or auctioneer?

    You can get an estimate of value from any person or authority of your choice. However, to get an appraisal from any person who by law holds themselves out to be an appraiser, this individual must meet the federal qualifications of accreditation and must have taken the government 15 hour course and passed the government USPAP test within the last two years.

What are the new laws that apply to appraisers?

    Federal rules of evidence 702 require that each individual that qualifies as an appraiser must have met the specialized training, education or experience requirements, and must have taken the 15 hour current USPAP course and passed the test. Individuals that hold themselves out as appraisers without these qualifications can be fined $5,000 and a percentage of the over or under valued items appraised.

What is the difference in a real estate and personal property appraiser?

  • A real estate appraiser is licensed to appraise homes, commercial buildings and land. A residential appraiser usually charges $300- $350 to appraise the house and lot.
  • Personal property appraisers are accredited to appraise tangible and intangible objects that are usually movable and require different qualifications to appraise than land and buildings. An example of personal property, would be antiques, machinery and equipment, businesses, vehicles, paintings, coins & gems, logos, trademarks, copyrights, client lists, intellectual properties, boats, pension plans, trusts, annuities, stocks & bonds, collectibles, professions (attorney, doctors, CEOs), careers(actors, comedians, models, professional sports etc.), timber, animals, guns and all chattel. If you can think of an object that is tangible or an intangible item that can be owned that is not included in this list and that does not include land or buildings that are secured to the land, then it also qualifies as personal property. The personal property appraiser usually charges $175-$500 an hour.

Durkin Valuation Associates have the experience, 70 combined years, the accreditation, 2012 -2013 USPAP compliant, and continued education, ASA, NAPA & NAA to exceed all of your appraisal needs including testifying as an expert appraisal witness should your appraisal need irrefutable defense. Call us at (617) 720-0332. Or contact us at:

Expert Appraisal Witness
  1. (required)
  2. (valid email required)
Please answer the Human verification question.
 

cforms contact form by delicious:days


appraisal faqs,accredited appraiser,Appraisal Witness

Technorati Tags: , ,

Divorce Appraisal of Business Assets

Saturday, March 15th, 2008 11:54am

Divorce Appraisal of Business Assets is imperative to avoid much litigation. Divorce creates many problems, one of which is the division of assets. When business is involved, it can become even further complicated, which is why a divorce appraisal of the business should conducted during divorce proceedings. Even if the business is held in the name of a single spouse, if the business was purchased, financed or improved upon during the marital period, both parties are entitled to an equitable division.

It is not unusual for only one spouse to be actively involved in the business, which is why a divorce appraisal is necessary. Whether purposely or not, that partner will usually underestimate the value of the business. If the inactive business spouse fails to ensure that a divorce appraisal is undertaken, they may find in the future that they have not received a fair distribution of the marital assets. It is likely to cost you more financially to forego a divorce appraisal, rather than paying the upfront cost of a divorce appraisal to be conducted during divorce proceedings.

Cases over the years, where one spouse has taken the word of their partner about the estimation of a business, and failed to instigate a divorce appraisal, clearly demonstrate the risk you take in failing to ensure a divorce appraisal is undertaken.

A prime example is a case where the husband informs the wife that the business is worth 2 million. Wanting to get divorce proceedings over quickly, the wife agrees to a division of assets based upon the figure indicated by her husband. Once the divorce was finalized, the business was then sold for 12 million,  far more than the estimate originally given to the wife.
Had a divorce appraisal be conducted, this situation would not have occurred. And though a lawsuit can be brought against the ex-husband, it is unlikely to be successful when no divorce appraisal was undertaken during divorce proceedings.

To ensure that you don’t end up in the same situation, it is important that should you be undergoing a divorce, you seek a divorce appraisal to ensure that all assets are valued and distributed fairly. While you might believe that you are saving money by foregoing a divorce appraisal, it is likely that you will actually be losing money.

An accredited divorce appraiser will provide you with a detailed analysis and reports, which is important even during civil divorce proceedings. It is also possible to choose a joint appraiser, so that both parties are able to split the cost of the appraisal. In either case you will need an expert appraisal witness to give irrefutable testimony should the appraisal need to be defended.

Accredited appraisers will follow the USPAP 2012 rules and regulations when conducting a divorce appraisal, so even if two different appraisers were to conduct an evaluation of the same assets, the values they arrive at may not be exactly the same, but should be fairly close.

Whether it’s a corner store, or a multi-million dollar business involved, a divorce appraisal should always be conducted once divorce proceedings begin, to ensure equitable distribution occurs.

Durkin Valuations Associates Has:

  • Seven Senior Professional Appraisers Nationwide
  • 70 years combined valuation experience
  • Acreditations; ASA, NAPA, GPPA
  • USPAP 2012 – 2013 Cpmpliant
  • Qualified as EXPERT APPRAISAL WITNESSES

Give us a call at (617) 720-0332.

Expert Appraisal Witness
  1. (required)
  2. (valid email required)
Please answer the Human verification question.
 

cforms contact form by delicious:days


divorce appraisal,appraiser

Technorati Tags: ,

Ipse Dixit Defines Unqualified Witness

Saturday, March 01st, 2008 1:30pm

Ipse Dixit is defined in Black’s Law Dictionary as “because I said so”. Yesterday’s appraisal witnesses are unqualified witnesses today because Judges are disqualifying the witness on qualifications! No longer can a witness say “believe me because thats the way its been done for 25 years”, or “I know because I have 25 years of experience so don’t question my value!” The CPA that comes to court as an expert appraisal witness is disqualified, the reason, ipse dixit. The auctioneer that wants to testify, “I’ve sold hundreds of those over the last 30 years and it has an auction value of $2500 will be disqualified, the reason, ipse dixit .

Years of experience is only one strong point of an accredited appraiser. To certify an appraisal that can be defended irrefutably the appraiser must apply the 2008 USPAP laws, standards and rules. Another criteria for the expert appraisal witness is that the individual apply the correct methodology including comparables, history and venue of past sales to come to a fair market value of the items appraised. Ipse dixit is far from the equation of valuation. The Judge is looking for absolute understandable format that the court can follow within all appraisals that enter litigation.

The pedigree that an expert appraisal witness has as part of his credentials needs to be from the Appraisal Foundation’s list of approved appraisal schools. Should you have a degree in agronomy, consider it as irrelevant as Certified Public Accountant and not part of your appraisal credentials and will be classified ipse dixit if testifying as an expert appraisal witness. Can you be a CPA and an accredited appraiser? Absolutely, if you have completed approved appraisal education courses and have valuation experience and complete an appraisal according to USPAP Standards and Rules.

Durkin Valation Associates meet all the criteria of the law, educational institutes and the court to appraise and testify as an expert witness. We have testified in numerous cases where the opposing “appraiser” was disqualified; primary reason, Ipse Dixit. The laws have changed for appraiser qualifications… don’t find out after you arrive at the deposition or court. Hire the best, call for questions, Durkin Valuation Associates.

Phone (617) 720-0332

Expert Appraisal Witness
  1. (required)
  2. (valid email required)
Please answer the Human verification question.
 

cforms contact form by delicious:days


ipse dixit,appraisal witness

Technorati Tags: ,

Copyright © 2008, 2009, 2010, 2011, 2012 appraisalwitness.com All rights reserved.
http://appraisalwitness.com/