“We hate it when we see property owners get less money than they should simply because they didn’t know the full extent of their rights,” said NC Eminent Domain Law Firm attorney Stan Abrams.
Fayetteville, NC (PRWEB) September 29, 2016
Over 200 Fayetteville property owners will lose land soon as a result of the final three phases of the long-planned I-295 Fayetteville Outer Loop (a $678 million project), according to NC Eminent Domain Law Firm attorney Kenneth Bryan.
The final path of this project will stretch from Cliffdale Road in Cumberland County to I-95 in Robeson County.
Even though many of these property owners have waited years for the NCDOT to make them an offer, they potentially risk getting offers for far less than what their property is worth.
To help these property owners gain valuable insight into how to exercise their property rights,Jason Campbell and Stan Abrams, two former Assistant Attorneys General who previously represented the NCDOT, will share their experience negotiating with the NCDOT, how they try to get a fair offer, and will highlight some of the strategies they have used to fight for a better offer – including the “Second Check” approach.
The seminar is Thursday evening, October 13th, at 7 p.m. at the Holiday Inn Express & Suites in Fayetteville-Ft. Bragg and is no cost to participants (details below).
Property Owners in the Way of Fayetteville Outer Loop
While the I-295 Fayetteville Outer Loop creates an expedient route for travelers, residents, and military personnel to quickly access I-95, the toll on property and business owners in its path shouldn’t be forgotten.
“The importance of the project shouldn’t lead to hard-working property owners losing their property for pennies on the dollar,” said Campbell. “As our leaders plan the final phases of the Fayetteville Outer Loop, it is essential that they do right by these property owners and help them become as whole as possible.”
“Property owners will receive a very official-looking offer, and some might think that offer is the final word for what they are able to receive,” Campbell said. “If an offer is too low, you can negotiate and fight for more money.”
By North Carolina law, property owners whose land or businesses are targeted for acquisition ultimately receive an offer from the state. If the owner chooses not to accept the offer, the state will still acquire the land by filing a lawsuit and will deposit the money with the court. What many property owners don’t realize is that they can withdraw the money, put it in their pocket, and try to negotiate for more.
This is where the NC Eminent Domain Law Firm’s “Second Check” negotiation approach comes in. In most cases, the property owner is then free to pursue a better, fairer price, without losing the first offer.
“We hate it when we see property owners get less money than they should simply because they didn’t know the full extent of their rights,” said Abrams.
This free informal gathering is intended to try to answer property and business owners’ questions, which can often include:
- How will the value of my property be calculated?
- Can I assume the offer for my property is fair?
- How is fair market value determined?
- What if I lease space? Will there be allowances to move my business?
- Should I get my own appraisal?
Seminar Date, Time, Location
Date: Thursday, October 13th
Time: 7 p.m.
Place: Fayetteville-Ft. Bragg Holiday Inn Express & Suites
1706 Skibo Rd
Fayetteville, NC 28303
For more information about the meetings, please call the NC Eminent Domain Law Firm at 1-877-393-4990.
ABOUT THE NC EMINENT DOMAIN LAW FIRM:
A division of the Law Offices of James Scott Farrin, the NC Eminent Domain Law Firm is dedicated solely to representing property owners throughout North Carolina, who may be impacted by eminent domain law. The NC Eminent Domain Law Firm is led by attorneys Stan Abrams and Jason Campbell, both of whom previously worked as Assistant Attorneys General for the North Carolina Department of Justice in the Transportation Section, where they litigated condemnation cases for the NCDOT. They have over 25 years of combined experience working exclusively on eminent domain cases. The Law Offices of James Scott Farrin has the legal resources of 38 attorneys and is based in Durham, North Carolina, with offices throughout the state to serve its clients.
NC Eminent Domain Law Firm
517 Owen Drive
Fayetteville, NC 28304