Our Results
We pride ourselves on a proven track record of success for our clients.
Results
RPC'S diverse experience, our integrity, and our analytical and creative approach are keys to our success.
Our Results
Our results speak for us. We are seasoned residential and commercial real estate professionals with an expert grasp on the real estate market. From single plaintiff to a class actions lawsuit, we have extensive experience testifying as a real estate economic damage expert for matters involving alleged property value diminution from contamination or hazard, regulatory influences, construction standards, and other issues that may affect the value and use of real property.
Some avoid complexity; we embrace it. At RPC, we are masters at solving complex real estate problems. We have the knowledge and expertise to approach any challenge. Our clients will tell you we are timely and they trust us. See what great expertise we offer by browsing the referenced projects.
Trophy Property Valuation
Rare residential elite property with unparalleled quality and amenities; vast acreage.
Housing and Finance Fraud
Investigated multiple artificially inflated appraised values used to create phantom equity.
Regulatory Review
Reviewed statewide appraisals performed over decades for USPAP/regulatory compliance.
Obsolescence Challenge
Commercial building renovation caused dysfunctional space for mezzanine floor limiting access.
Adverse Use and Enjoyment
Rural property purchased for privacy and hunting affected by mistaken right to use access.
Flood Insurance Oversight
Third party designated wrong property determining flood insurance; measured affect.
Wrongful Foreclosure
A lender continued non judicial foreclosure multiple times when it had no legal cause.
Complex Market Concepts
Differing property types/dates in divorce proceeding dealing with passive and active assets.
Representative Expert Witness Engagements
Our team participated in the following assignments
40 residents were flooded by municipal stormwater control system. A 2011 jury trial awarded over $1 million judgement; a second flood occurred in 2012 and another jury trial awarded over $1 million for damages. The client won an appeal at the WV Supreme Court restoring the monetary damages. The ruling provided the homeowner could recover both the cost to repair damage and diminution of value damages, overturning a loss measure in place for 40 years.
A man-made Engineered Material Arresting System (“EMAS”) on the property of Yeager collapsed swallowing homes and church , blocking Two Mile Creek and destroying a section of Keystone Drive. The slide started as a 6-foot slip at the engineered fill on runway 5 before catastrophic failure occurred. The landslide displaced more than 130 people and damaged nearly a dozen homes. Threats of further failure of the remaining EMAS remains today.
In 2012, a 20-inch high-pressure natural gas pipeline ruptured and ignited. The event burned so hot that it charred 800 feet of I-77, destroyed three homes, and melted siding on houses hundreds of feet from the rupture site. Land use and values around the event site remain altered years after the event. The high-profile media coverage of the subject and like events refuel the fear of the unknown and solidify the stigma attached to an unsafe environment.
A class action lawsuit pertaining to predatory lending claims for over 100 West Virginia mortgage borrowers. The multi-million dollar case settled with write downs on borrowers loans and repair of damaged credit. The appraisals used by Wells Fargo were reviewed for compliance with applicable state law, client conditions, and consistency with the Uniform Standards of Professional Appraisal Practice (USPAP).
A chemical spill that contaminated drinking water for thousands of people in 2014. The chemical, called methylcyclohexane methanol, or crude MCHM, caused nausea, vomiting and eye irritations that led to infections after it entered the water supply. The spill prompted the governor to declare a state of emergency for nine counties, and water was cut off to about 300,000 people for days. A market study was performed to determine market rental rates to establish compensation for displaced property owners.
Some 700 people sued Massey and its Rawl Sales & Processing subsidiary, claiming the companies contaminated their aquifer and wells by pumping 1.4 billion gallons of toxic coal slurry into worked-out underground mines between 1978 and 1987. Drinking and groundwater was contaminated in Rawl, Lick Creek, Merrimac and Sprigg; property values undermined.
Natural gas pipelines raise concerns about the environment and private property rights, but they also affect property values. The long-term impact of natural gas transmission lines are generally significant. The impact on value is directly related to the location and size of the transmission line in relation to improvements, loss of site utility, or damage to the scenic landscape. Our study confirmed the transmission line adversely affected property values.
Natural gas compressor stations potentially produce noise levels that affect nearby residential property values. Our study confirmed the compressor station constructed in a rural Marshall County residential community adversely affected property values and the overall livability of the area. The gas compressor station turbines, which were not enclosed, produced noise levels above the threshold of tolerance of nearby property owners.
Little Blue Run Lake or Little Blue Run is the largest coal ash impound in the United States, nearly 1700 acres that glows a Caribbean blue. The DEP said it had detected sodium, calcium, magnesium, chloride and arsenic in groundwater near Little Blue. The property owners sued FirstEnergy over its operation saying their homes had been “invaded” by toxic chemicals resulting in the decline in property values.