Doug in NC
Elite Member
- Joined
- Jan 17, 2002
- Professional Status
- Certified Residential Appraiser
- State
- North Carolina
An attorney called & left message today, asking that we appear in court to attest to our appraisal. At time of inspection, client told us appraisal was done because he had a buyer interested in buying his home. This is apparently not the case. Attorney mentioned that another appraisal had been done and our value was about $50K below the other appraisal. I am not even sure if this is a divorce situation or what.
Attorney called today and court date is tomorrow. There is no way we would be ready for this. Anyway, attorney message also indicated that appraisers are usually paid $75/hr. for testimony (attorney said it should only take about 15 minutes). My understanding is that appraisers usually charge a minumum fee, including time lost going to and from courthouse. I would figure at least a half day of work could potentially be lost as a result of going to court. What do you think?
Finally, has anyone else ever had this happen (client lied about use)? If for no other reason, I wouldn't want to help this guy because he misled us as to the reason for the appraisal. If this had been known upfront, we would have charged more just for the potential of being asked to appear in court on this assignment.
Attorney called today and court date is tomorrow. There is no way we would be ready for this. Anyway, attorney message also indicated that appraisers are usually paid $75/hr. for testimony (attorney said it should only take about 15 minutes). My understanding is that appraisers usually charge a minumum fee, including time lost going to and from courthouse. I would figure at least a half day of work could potentially be lost as a result of going to court. What do you think?
Finally, has anyone else ever had this happen (client lied about use)? If for no other reason, I wouldn't want to help this guy because he misled us as to the reason for the appraisal. If this had been known upfront, we would have charged more just for the potential of being asked to appear in court on this assignment.