Many people understand the significance of the witness testimony of an expert witness in a criminal proceedings case. However, people don’t value expert witnesses the same way when dealing with real estate disputes.
A real estate expert witness report can make a huge difference between winning and losing your real estate lawsuit. Not just this, it can also substantially influence the value of your property. A real estate expert witness helps provide testimonies based on the facts and might also work as a professional consultant for a lawyer.
Cases Where A Real Estate Expert Witness Can Help
Residential Ownership Disputes
Disputes over home ownership can range from divorce and dissolution of civil partnerships to property tax and foreclosure lawsuits.
Investment Property Litigation
In the event of a foreclosure or conviction, the experts can testify about-
- Condition of the building
Inheritance and Property Disputes
After the death of a loved one, you might soon need the assistance of a legal representative. They can help to resolve any property disputes and successfully pass the succession.
Real Estate Development Disputes
Such disputes arise when the lenders and developers disagree about the property, such as determining the interest rates. Expert opinion will help courts determine interest rates based on real estate appraisals. An appraiser can provide an expert opinion on issues such as whether a property is worth the money you paid for it, its general condition, property boundaries, valuable amenities, and the value of neighboring properties.
Why Hire A Real Estate Expert Witness?
To help you out, we have compiled four ways a real estate expert witness can help win your lawsuit.
Explain Complicated Terms
The terminology used in real-estate cases and trade might be difficult to understand. In courtroom cases, the juries may easily be baffled by the jargon and misunderstand the facts. That’s where an expert witness can help you. They can explain complicated information easily while giving insights into the case. A competent expert witness can help the jury understand complex or technical issues.
Their Viewpoint Is Impartial
Expert witnesses are sworn under oath to the truth. They investigate the case and base their professional judgment based on evidence and facts. They are unbiased and have no allegiance to the other plaintiff.
Helps To Win Your Case Early
Knowledgeable professionals with extensive litigation experience can significantly speed up court proceedings. In some personal injury cases, defendants settle solely based on expert conclusions. This advantage helps plaintiffs settle disputes as quickly as possible and avoid lengthy court proceedings.
Improves Your Credibility In The Case
When an expert witness on your side represents you, it brings more credibility to your case. The court pays special attention to the testimonies of expert witnesses. Having an expert witness means you have the legal support of an experienced and skilled person. Additionally, they also prepare for the case trial. All of this legal support can boost your credibility in the courtroom. Real estate expert witnesses are called upon to testify in a broad spectrum of property litigation cases:
- Returns on estate taxes
- Objections to property taxes
- Co-owner disputes
- Boundary line disputes
- Condemnations and foreclosures
- Developer and lender disagreements
While your property dispute case may look complicated, a real estate expert witness can be the game-changer. They essentially act as an impartial third party whose evidence is heavily weighed in the courtroom. If you want to win the dispute in the case, it's better not to take any risk and seek the help of a real estate expert witness.