This book explains what an appraiser thinks about when his client is in court. At best, an appraisal is only an opinion, and there is no better way to have the appraisal tested than when the author is being cross-examined by an intelligent, well-paid attorney whose job is to make the appraiser look like a fool or a crook. It is based on real world experiences that are interesting to appraisers, attorneys and businessmen. The stories are also interesting to the general public who usually don’t have to think about the meaning of the value of something. Any layperson interested in business can enjoy the author’s instructive and entertaining anecdotes. Readers most likely to profit from reading this book are commercial real estate appraisers working here and in other countries that follow our general models for valuation, the thousands of attorneys in eminent domain condemnation or real estate practice, bond financing, estates and tax who have to rely on appraisers, people and companies whose property is being taken under eminent domain, and the tens of thousands of people who find themselves in court because the value of something is an issue.
