This case involves multiple lenders in who lost a significant amount of money through investing in the real estate market. The homes were located in Kansas City, Missouri, and were purchased by a real estate management firm that intended to refurbish the properties and offer them as rental homes. Before the properties in question were appraised, they went into foreclosure, causing the lenders to claim that the appraisals could not have reflected the overall decline of the housing market. In order to expound on residential real estate data analytics, an expert perspective was needed.
Question(s) For Expert Witness
1. Please describe your experience with real estate market analytics and housing markets.
Expert Witness Response E-093784
I was formerly responsible for an $80 billion real estate group within a major American Bank, and a university professor at two top global universities. I have lectured on topics and cases similar to this one; based on a career in the field, I am very familiar with real estate capital markets and financing, particularly on real estate values.
About the author
Joseph O'Neill
Joe has extensive experience in online journalism and technical writing across a range of legal topics, including personal injury, meidcal malpractice, mass torts, consumer litigation, commercial litigation, and more. Joe spent close to six years working at Expert Institute, finishing up his role here as Director of Marketing. He has considerable knowledge across an array of legal topics pertaining to expert witnesses. Currently, Joe servces as Owner and Demand Generation Consultant at LightSail Consulting.
