What is the role of an appraiser in a real estate dispute?

An appraiser plays an important role in a real estate dispute in Texas. Appraisal is the process of determining the value of real estate property for a variety of reasons including sale, taxation, insurance, and most importantly, real estate litigation. During litigation, an appraiser reviews the legal documents such as deeds, mortgages, and surveys to determine the current market value of the property. This estimated value analysis is essential to the resolution of a dispute. Depending on the outcome of the dispute, the estimated value of the property can be used to determine damages. Appraisers may be appointed by the court to assess the property or be hired by each party involved in the dispute. Both parties can then present their appraisal findings in a court hearing. An appraisal conducted by a qualified and experienced appraiser should be objective and independent of the legal aspects of the case. Appraisers can also be called to the witness stand to present their analysis and estimated value of the property. Their testimony may help the court decide which party should be awarded the disputed property. An appraiser’s role in a real estate dispute is essential for the resolution of the case.

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What is the role of an appraiser in a real estate dispute?

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