Real Estate Expert Witness

Expert Witness Services

Eric Forster's books now available on Amazon: 1. 2027 The Complete Mortgage Guide, with

sections on Prime, Subprime, and Commercial Lending

2. Forster's Guide to Commercial Lending

Most people know me as a real estate expert consultant focused on industry standards, practices, and fraud analysis. But when a complex multi-property enterprise enters Chapter 11, those exact forensic skills become the debtor's ultimate asset.

In a recent debt restructuring involving a debtor's 7 commercial properties, the initial debt service model was unsustainable at over $345,000/month.

By applying a rigorous forensic audit to every deed of trust and Proof of Claim, we engineered a comprehensive Chapter 11 reorganization plan:

🔹 Upfront Tax Lien Clearance: Deployed capital to pay off $1.14M in senior tax liens at confirmation, restoring first-lien collateral equity to primary lenders. 🔹 Strategic Claim Bifurcation: Applied 11 U.S.C. § 506(a) to cram down three heavily underwater properties to net FMV. 🔹 Contractual Normalization: Reinstated pre-default contractual interest-only terms across performing assets while maintaining full performance on key commercial notes. 🔹 Arrears Amortization: Restructured pre-petition penalty bloat into an 8-year interest-only cure schedule at Till formula rates.

The Result? Monthly plan debt service dropped to $172,580/month—a 50% reduction that preserved operational liquidity and secured estate feasibility.

Whether analyzing standard-of-care violations or engineering a Chapter 11 reorganization, precision math and forensic scrutiny yield results.

#Chapter11 #RealEstateConsulting #DebtRestructuring #CommercialRealEstate

We have mastered a wide array of real estate and mortgage specialties, including bank fraud, mortgage origination, underwriting, and sub-prime/stated income fraud analysis. We provide litigation consulting and expert witness services, as well as financial research and damage calculations.

Since the first court testimony in 1997, we've been retained in over 500 civil and criminal cases. Through retaining attorneys, we have worked with clients as varied as banks, insurance companies, state government agencies and escrow companies.

Services Provided - Consulting and Testimony:

Litigation Consulting in Civil & Criminal Cases
Title Issues (title chain, zoning) and Interpretation
Escrow and Title Procedures & Closing Practices
Real Estate-Related Economic Damages
Mortgage Document Review and Analysis
Evaluation of Bank Underwriting Practices
Lenders' Standards of Care & Due Diligence
Predatory Lending Abuses
Mortgage Broker Malpractice
Real Estate Broker Standards and Practices
Short Sale Fraud & Wrongful Foreclosure Actions
Lenders' Misconduct in Processing Loan Modifications
Dual-tracking: Loan Modification Concurrent with Foreclosure

Our Mortgage Fraud Experience is Unique in The Mortgage/Real Estate Consulting Sphere

Our vantage point allowed us to identify, during the early stages of the mortgage industry meltdown, fraudulent activities that ran contrary to the conventional wisdom of the times. It became clear that borrowers were not the only perpetrators of fraud in the industry, and that many brokers and lenders used predatory lending tactics to ensnare borrowers in their scams. We have since served as court-designated experts in major fraud and Ponzi Scheme cases.

We evaluate each case on its merits, and we believe that each client deserves to have his/her day in court. To that extent, our caseload is almost equally divided between plaintiffs and defendants.

Mortgage Expert Services Real Estate Expert Services

The recoveries, verdicts, favorable outcomes, and testimonials described on this site are not an indication of future results. Every case is different, and regardless of what friends, family, or other individuals may say about what a case is worth, each case must be evaluated on its own facts and circumstances as they apply to the law. The valuation of a case depends on the facts, the damages, the jurisdiction, the venue, the witnesses, the parties, and the testimony, among other factors. No representation is made that the quality of the expert services to be performed is greater than the quality of expert services performed by other consultants.

forsteradvisors@gmail.com

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