Appraisal Expert Witnesses in Illinois
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Mr. Richard John Roddewig, CRE, JD, MAI
Illinois
Mr. Richard J. Roddewig has 49 years of experience in Appraisal and Valuation. He earned his BA in Government and History from the University of Notre Dame and his MA from the University of Chicago, and his JD from the University of Chicago Law School. Today, this expert is licensed as a Real Estate Managing Broker in the state of Illinois and licensed as a Certified General Real Estate Appraiser...
Specialties:
Valuation and Economic Damages Expert Witness
Illinois
This highly qualified expert has provided valuation and corporate finance consulting services since 1987. He is a Chartered Financial Analyst (CFA) and he is a member of several prestigious associations including the Healthcare Financial Management Association and the American Society of Appraisers. He previously worked as the Senior Managing Director of American Appraisal Associates Inc where...
Appraisal Expert Witness FAQs
An appraisal expert witness provides objective evaluations of property value, often used in disputes involving real estate, business assets, or personal property.
Appraisal experts are crucial in cases involving real estate disputes, divorce settlements, insurance claims, tax assessments, and bankruptcy proceedings.
Yes. Appraisal experts specialize in various areas such as residential, commercial, industrial properties, and even personal or business assets.
They use established methodologies including market comparison, income capitalization, and cost approach to determine a property's fair market value.
Subspecialties include real estate appraisal, business valuation, machinery & equipment appraisal, and personal property appraisal.
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