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August 19, 2010

Greenfield Advisors

Greenfield Advisors LLC of Seattle launched a service it says will help people determine the impact of BP's Deepwater Horizon oil spill on their property values. At gulfspillvaluations.com, users identify their land and get a report on the value. The report can be filed with claim documents, according to Greenfield, which specializes in complex real estate valuation and advisory services. CEO John Kilpatrick said the service will help expedite claims. According to BP, 145,000 claims have been filed to date. Greenfield reviewed tax assessor records and other data to arrive at a “pre-incident” valuation for a given parcel. Company officials then determined the change in value caused by the spill using techniques they applied in other events, such as the Exxon Valdez oil spill and Hurricane Katrina.




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