R E B Consulting 

Real Estate & Business Valuation Consultants

 

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R E B Consulting - Real Estate & Business Valuation Consultants
Serving the Eastern United States from Maine to Florida

Our chief appraiser has over 40 years of residential, commercial & industrial real estate appraisal experience that extends from Eastern Canada to Florida.  As State Certified General Real Estate Appraisers licensed in South Carolina and based on Hilton Head Island, we are able to provide appraisal services to our clients on Hilton Head Island, Bluffton, Beaufort, Port Royal in Beaufort County, the entire Low Country of South Carolina and the Eastern U.S.   Our extensive valuation knowledge, appraisal education, professional affiliations and valuation experience in all types of property, allow us to provide professional appraisal services throughout the residential, commercial, industrial real estate and business community. 

Many of our assignments come from mortgage lenders from Maine to Florida.  All assignments are presented to our clients in narrative report format following the USPAP guidelines.

We have an extensive background as expert witnesses in litigated valuations at market value and liquidation value  involving: bankruptcy, foreclosure, divorce settlement, eminent domain, and property disputes. Major appraisal clients over the years have included the United States Small Business Administration (SBA), numerous law firms, many of the major banks, numerous corporations, commercial and residential lenders, insurance companies, colleges, mortgage companies, federal agencies, state agencies, county governments, municipalities and Trustees in Bankruptcy.

As real estate, machinery & equipment and business valuation appraisers, we have testified as expert witnesses in State Superior Courts, as well as, Federal District and Bankruptcy Courts from Maine to Ohio.

Our real estate and machinery & equipment appraisal experience is well diversified in agriculture, aquaculture, lumber companies, sawmills, marinas, office buildings, medical office buildings, high value residences, motels, hotels, restaurants, convenience stores, condominium developments, subsidized & non-subsidized apartment complexes, nursing homes, independent living centers, shopping centers, residential & commercial subdivisions, golf courses, wood product manufacturing, mining rights, industrial manufacturing plants, pre-fabricated & modular home plants, warehouses, auto dealerships, purchase power contracts, co-generation facilities, meat & poultry processing plants, poultry & egg farms, freezer plants and the machinery & equipment associated with the above as well as heavy construction equipment valuation.

In the mid 60's and early 70's our chief appraiser worked as a staff appraiser for the Maine Department of Transportation preparing and reviewing condemnation appraisals.  During the late 70's and early 80's he served as a real estate valuation instructor at two colleges and a university in Northern New England.

In the late 1970’s our chief appraiser worked as a part-time staff appraiser for the Maine office of SBA providing market value & liquidation value appraisal estimates of real & personal property as part of the portfolio management function.  In 1980 his work with SBA continued as a fee appraiser until the program changed by placing the burden to liquidate defaulted loans on the participating lender. The loan liquidation program in Maine was developed in the late 1970’s and early 80’s.  The methods and models developed by this office to estimate market and liquidation values are still being used by appraisers as the appraisal standard.  Our senior appraiser also served in 1979 as an appraiser member of the FEMA disaster team serving disaster victims along the Maine coast.

A large portion of the appraisal assignments prepared by this office over the past 25 years were the direct result of our staff's knowledge of the SBA Lender Program and its methods of liquidating assets under foreclosure and bankruptcy.  This companies theory has always been, that a well-researched market supported analysis going into the loan, results in fewer problems for the lender getting out of the loan.  Appraisals are not prepared to justify loans; they are prepared to assist the lender in determining his level of security in making the loan.  Appraisals should assist both the lender and borrower with their level of security in the pending transaction. Whether going in or out of a loan, the appraisal must meet all applicable laws, rules and regulations at the state and/or federal level.

The more challenging appraisal assignments are the more stimulating and rewarding; however, all assignments are researched and reported with the same enthusiasm and integrity. No appraisal assignment is too big or too small. All assignments are prepared with the same high level of professionalism and ethical standards demanded by the Appraisal Institute’s Code of Professional Ethics and Standards of Professional Appraisal Practice and the Uniform Standards of Professional Appraisal Practice (USPAP).

The preparation of Real Estate, Personal Property and Business Valuation Appraisal reports will follow the Uniform Standards of Professional Appraisal Practice 2006 Standards Rule 10-2(a) using one of the following required formats:

  • Self-Contained Appraisal Report prepared under Standards Rule 2-2(a) or 8-2(a)
  • Summary Appraisal Report prepared under Standards Rule 2-2(b) or 8-2(b)
  • Restricted Use Appraisal Report prepared under Standards Rule 2-2(c), 8-2(c) or 10-2(b).

The type of written appraisal report may depend on the complexity of the assignment, client requirements, regulations and whether a Federal Guarantee or Federal funding is involved.

If you are involved in a property valuation dispute, foreclosure, bankruptcy, eminent domain, divorce, dissolving a partnership or a closely held corporation or buying or selling a property, call us today for a free initial consultation.  Our clients include: individuals, partnerships, corporations, government agencies, financial institutions, law firms, real estate investors, real estate developers and businesses of all types and sizes.

If you would like further information or would like to setup an appointment to discuss your valuation needs, please use the information below to make contact.

Contact Information:

Residential Appraisal Division

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