Monday, October 22, 2012

Seven Cases the Defendant Appraisers Won Based on Expiration of the Statute of Limitations

I am biased in favor of defendant appraisers.  I always root for the defense, even if it's one appraiser suing another appraiser (as in one case below).  Defense is our business.  Here, are seven cases where the defendant appraisers won based on a statute of limitations defense.  That means even if there was something wrong with the appraisal at issue, the defense counsel still won the case.  So, you have to give the credit to the defense counsel.  That's not to say there really was a problem with the appraisal in each case below -- it just didn't matter if there was.

READI members can find more cases like these, including cases where the appraisers lost, here on www.readimember.org.

Here are the seven cases:


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Monday, October 8, 2012

Who Has Been Suing the Most Appraisers? Two Names You Know. Two Names You've Probably Never Heard.

Update: Heritage Pacific Financial filed for bankruptcy in January 2014.  For information about a new litigation venture against appraisers by some of its former management, please see this newer post here.

These are four of the parties who have been suing the most appraisers in 2011-12.  I suspect most appraisers won't recognize two of the names, unless the appraisers are defendants in one of their cases.  The parties are in no particular order, but the last one does file the most lawsuits. 


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