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Experience:
Vice President, Principal, Real Estate Appraiser
Grasso Appraisal Services, Inc., Burlington, Massachusetts, 1988-Present
Responsibilities: Manage appraisers and other activities
of the appraisal company, review appraisals performed by fee appraisers, and
perform real estate appraisals throughout New England for loan financing,
underwriting, mortgage insurance removal, delinquency, foreclosures, bankruptcies,
and court testimony. Appraisal experience includes all types of
residential properties, single family homes, condominiums, undeveloped land, and
small income multi-family properties.
Thorough knowledge of the three accepted approaches to
value: Direct Sales Comparison Approach, Cost Approach, and Income
Capitalization Approach. Expert testimony provided for Bankruptcy Appeals
Court in Suffolk and Worcester counties of Massachusetts.
Education:
Bates College
Massachusetts
Bachelor of Arts, 1984
Expert Testimony:
- Provided extensive expert testimony on behalf of
lending institutions, lawyers, and private clients.
Instruction:
- Provided appraisal instruction in the FHA direct
endorsement underwriting training course sponsored by the Massachusetts
Mortgage Bankers Association.
Professional and Technical Appraisal Courses:
- Real Estate Appraisal I - 1988, Massachusetts Board of
Real Estate Appraisers
- Real Estate Appraisal IA - 1988, Massachusetts Board of
Real Estate Appraisers
- Introduction to Income Producing Property - 1989,
Massachusetts Board of Real Estate Appraisers
- Professional Appraisal Practice & Conduct - 1991,
Society of Real Estate Appraisers
- Course 101 - 1991, Society of Real Estate Appraisers
- The New URAR Form - 1993, Appraisal Institute
- Appraisal Report of Comparable Residential Properties -
1994, Western Mass Chapter, Appraisal Institute
- Appraisal Report of Complex Residential Properties -
1994, Appraisal Institute
- Appraising HUD/FHA Insured Properties - 1995,
Massachusetts Board of Real Estate Appraisers
- Developing an Appraisal Firm Website, Levels I & II
- 1999,
Massachusetts Board of Real Estate Appraisers
- The FHA's Homebuyer Protection Plan & The Appraisal
Process - 1999, Appraisal Institute
- USPAP Update Course - 1999,
Massachusetts Board of Real Estate Appraisers
- Residential Appraisal Problem Solving, Part II - 1999,
Massachusetts Board of Real Estate Appraisers
Professional Affiliations and Activities:
- Massachusetts Licensed Real Estate Appraiser (#769)
- HUD Approved Residential Real Estate Appraiser, Boston
Region
- Beacon Brightly, Economic Development Sub-Committee
- Member,
Massachusetts Board of Real Estate Appraisers
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