Massive U.S. 158 Widening Project Leaves Property Owners With Questions, Concerns of Lost Value

“If an offer has been made, there may be a more complete and satisfactory offer to be gained through reappraisal and negotiations,” said NC Eminent Domain Attorney Jason Campbell.

The widening of U.S. 158/N.C. 46, a $76 million road project affecting more than 120 property owners, is finally slated to move forward after years of controversy and protests.

However, the offers some property owners receive from state officials may amount to far less than what their property is worth, according to former NCDOT attorneys at the NC Eminent Domain Law Firm. Rather than accepting these offers, owners may want to exercise often-misunderstood rights, including the ability to negotiate for a “second check.”

A seminar on Thursday evening, August 17th, at 7 p.m. at the Hampton Inn Roanoke Rapids will explore property owners’ rights at no cost to participants (more below).

A History of Controversy

As reported by the Roanoke Rapids Daily Herald (8/23/2012), property and business owners have expressed concerns that the project will force traffic away from small, local businesses.

“In the case of this project, the economic impact on the community could be quite large,” said Jason Campbell, an attorney with the NC Eminent Domain Law Firm and former NCDOT attorney. “Home, property and business owners are likely to see drastic reductions in value for what has been described as a fix for a problem that may never come.”

Roanoke Rapids property and business owners in the path of the U.S. 158 widening will soon receive purchase offers from state officials. According to Campbell, property owners should be careful – a project with this amount of controversy can spare a few moments to ensure citizens get a fair shake.

“Homeowners receive a very official offer and think that is the ‘law’ for what they are able to receive,” Campbell said. “If an offer has been made, there may be a more complete and satisfactory offer to be gained through reappraisal and negotiations.”

“Second Check”

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 and takes no further steps, the state will still acquire the land…

Read the full article from the Source…

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