Lending Bank Allegedly Responsible For Improper Property Appraisal

ByVictoria Negron

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Updated onMay 1, 2018

Lending Bank Allegedly Responsible For Improper Property Appraisal

This case involves a lending bank in California that lost a significant amount of money due to improper residential property appraisals. The residential properties in question went into foreclosure before they were appraised, but the lenders alleged that the appraisals did not reflect the overall decline of the housing market. An expert in property appraisal was sought to conduct an analysis of the appraisal report and determine whether or not it was prepared in compliance with the applicable appraisal standards.

Question(s) For Expert Witness

1. Please describe your experience with appraising residential properties.

Expert Witness Response E-097917

inline imageI have been an appraiser for 30+ years. I specialize in residential appraisals in northeastern states and am familiar with the housing market in the greater metropolitan area. I can review the current appraisals and opine on the completeness, apparent adequacy, and appropriateness of the reports/appraisals in question.

Expert Bio:

This expert is a certified appraiser and has served as the president and chief appraiser for his own private appraisal consultancy since 1985. He specializes in residential, multi-family, and condominium-type properties as well industrial and commercial property. He has trained and developed over 40 apprentice appraisers in his company and can speak to review appraisal work, new account development, and management.

About the author

Victoria Negron

Victoria Negron

Victoria Negron has extensive experience in journalism and thought leadership in the legal space, with a background crafting content, whitepapers, webinars, and current event articles pertaining to the role of expert witnesses in complex litigation matters. She is a skilled professional specializing in B2B product marketing and content marketing. Currently, she serves as an Enterprise Product Marketing Manager at Postman, and previously held the position of Technical Product Marketing Manager at Palantir Technologies, where she developed her skills in launch strategies, go-to-market strategy, and competitive analysis.

Her expertise in content marketing was further refined during her tenure at the Expert Institute, where she progressed from a Marketing Writer to Senior Content Marketing Manager, and eventually to Associate Director of Content & Product Marketing. In these roles, she honed her abilities in digital marketing, SEO, content strategy, and thought leadership.

Educationally, Victoria holds a Master of Business Administration from the University of Florida - Warrington College of Business and a Bachelor of Arts in Literature, Art, and Hispanic Studies from Hamilton College. Her diverse educational background and professional experience have equipped her with a robust skill set in product marketing, content development, and strategic marketing initiatives.

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