Real estate fraud has reached an all-time high, and litigation against appraisers in fraud-related cases is on the increase. Appraisers who are prepared to detect and prevent real estate fraud can protect their businesses and their professional reputations.
This timely and relevant book explains common types of commercial real estate fraud, factors that contribute to fraud, and ways perpetrators attempt to influence or deceive appraisers into becoming part of their schemes. It presents real-life examples from the author’s professional experience, from legal cases, and from current headlines to demonstrate how appraisers can knowingly or unknowingly find themselves involved in fraudulent real estate transactions. The author discusses how such situations can be avoided and provides sensible, straightforward advice that will help appraisers feel confident in handling any suspicious situation they may encounter.
The best way for real estate professionals to deal with the problem of real estate fraud is to learn more about it. Fraud Prevention for Commercial Real Estate Valuation will help appraisers protect themselves and those who rely on their work.
Joseph C. Magdziarz, MAI, SRA
2011 President
Appraisal Institute