QUALIFICATIONS OF APPRAISER

GILBERT S. MORDOH, SRA

INDIANA CERTIFIED GENERAL APPRAISER

 

April, 13 2009

 

EDUCATION:

$          B.S. Degree in Business Administration, with a major in Real Estate Administration - Indiana University, Bloomington, Indiana 1975.

$          Graduate studies in Business, Finance, and Real Estate at Indiana University, Bloomington, Indiana 1976-1977.

 

CERTIFICATION:

$          Indiana Certified General Appraiser, #CG69200779, Expires 06/30/2010

$          Indiana Real Estate Appraisal Commission -- 12/14/91

 

LICENSED:

$          Real Estate Broker, State of Indiana #PB51280465

 

PROFESSIONAL DESIGNATIONS:

$          Appraisal Institute--SRA (Senior Residential Appraiser)

 

REAL ESTATE-RELATED EXPERIENCE:

College Courses:

$          L408 Real Estate Law - Indiana University

$          R305 Real Estate Design and Layout - Indiana University

$          R490 Real Estate Administration and Policy Making - Indiana University

$          Indiana University tutor for R300 and R440

 

Professional Appraisal Courses:

$          Seminar:  Indiana Appraiser’s License Law and Home Valuation Code of Conduct, Bloomington IN  2009

$          Seminar:  Residential Marketing Conditions  2009

$          Seminar:  Rates and Ratios  2007

$          Seminar:  Antitrust  2007

$          Seminar:  Environmental Concerns  2007

$          Seminar:  Predatory Lending  2007

$          Seminar CE1000:  USPAP Update, Indianapolis, IN  2005

$          Seminar:  Uniform Residential Appraisal Report, Bloomington, IN  2005

$          Seminar CE1018:  Indiana Rules for Appraisers, Indianapolis, IN  2004

$          Seminar CE1010a:  Fair Housing & Fair Lending Laws, Indianapolis, IN  2004

$          Seminar CE1010b:  Contemporary Environmental Issues, Indianapolis, IN  2004

$          AI Course II420N:  Business Practice & Ethics, Indianapolis, IN  2003

$          AI Course I400N:  USPAP Update, Indianapolis, IN  2003

$          Seminar CE1048:  Houses, Terre Haute, IN  2003

$          Course RG240:  Small Residential Income Property, Indianapolis, IN  2002

$          Seminar CE1026:  Residential Sales Comparison Logic, Indianapolis, IN  2001

$          Technology Forum (Basic), Las Vegas, NV  2000

$          Easement Valuation, Las Vegas, NV  2000

$          HUD/FHA Rules, Indianapolis, IN  1999

$          Appraising Manufactured Homes, Bloomington, IN  1999

 

Society of Real Estate Appraisers:

$          Seminar on Adjusting for Financing, Louisville, Kentucky

$          Seminar on Hewlett-Packard 38E Financial Calculator, Indianapolis, Indiana

$          Seminar on Investment Feasibility Analysis, Cincinnati, Ohio

$          Narrative Report Writing, Class R-2, Indianapolis, Indiana

$          Income-Producing Property, Class 201, Indianapolis, Indiana

$          Seminar on Professional Practice, Indianapolis, Indiana

 

American Institute of Real Estate Appraisers:

$          Principles of Appraising, Class 1-A, Bloomington, Indiana

 

Indiana University:

$          Principles and Techniques of Real Estate Administration and Appraising

 

EMPLOYMENT:

$          Employed with David R. Stipp and Company, Professional Real Estate Appraising Firm 1974-1976. Tasks included research work in addition to assisting in field appraisals.

$          Partnership in Timber-Crafts Real Estate Appraisal, 1976-77.

$          Presently proprietor of Gilbert S. Mordoh and Company, Inc., Professional Real Estate Appraisers, Analysts, and Consultants, 1977 to present.

 

PROFESSIONAL AFFILIATIONS:

$          The Appraisal Institute-- SRA

$          National Association of Realtors -- Member

$          Bloomington Board of Realtors -- Member

$          Bedford Board of Realtors -- Associate Member

$          Greene County Board of Realtors -- Affiliate Member

 

APPROVED:

$          State Approved Appraiser for Indiana Department of Transportation

$          Local Public Agency Acquisitions (Approved for performing residential, farm, commercial, industrial & special purpose appraisals)

$          FHA

$          VA

$          Rural Housing

 

APPRAISAL EXPERIENCE AND TYPES OF PROPERTIES APPRAISED:

Savings Banks and Savings & Loans

$          Bedford Federal Savings Bank, 1030 15th Street, P.O. Box 368, Bedford, IN (Residential, Commercial)

$          Farmers & Mechanics Federal Savings, Post Office Box 269, Bloomfield, IN (Residential)

 

 

Banks

$          Monroe Bank, 210 E. Kirkwood Avenue, P.O. Box 2329, Bloomington, IN (Residential, Commercial)

$          Old National Bank, P.O. Box 2689, Bloomington, IN (Residential, Commercial)

$          Bloomfield State Bank, 1301 N. Walnut Street, P.O. Box 1294, Bloomington, IN (Residential, Commercial)

$          Regions Bank, 116 S. Walnut Street, Bloomington, IN (Residential, Commercial)

$          Irwin Union Bank & Trust Company, P.O. Box 1285, Bloomington, IN (Residential, Commercial)

$          Jackson County Bank, P.O. Box 307, Bedford, IN (Residential, Commercial)

$          Peoples State Bank, Post Office Box 128, Ellettsville, IN (Residential, Commercial)

$          Owen Community Bank, P.O. Box 381, Spencer, IN (Residential, Commercial)

$          National City Bank, 101 W. Washington Street, Indianapolis, IN (Residential)

$          Fifth/Third Bank,

 

Credit Unions

$          Hoosier Hill Federal Credit Union, 630 Lincoln Avenue, Bedford, IN (Residential & Commercial)

$          Indiana University Credit Union, PO Box 368, Bloomington, IN (Residential & Commercial)

$          Members Choice Federal Credit Union, 507 W Davis Street, Bloomington, IN (Residential)

$          Crane Federal Credit Union, 1201 James Avenue, Bedford, IN (Residential & Commercial)

 

Mortgage Companies

$          Bloomington Mortgage Corporation, 814 Auto Mall Road, Bloomington, IN (Residential)

$          Norwest Mortgage Corporation, 004 Fountain Square, Bloomington, IN (Residential)

$          Priority Mortgage Corporation, Post Office Box 40, Conover, NC (Residential)

$          Citicorp Mortgage, Inc., Post Office Box 790014, M.S. 314, St. Louis, MO (Residential)

$          Service Mortgage, 9279 N. Meridian Street, #200, Indianapolis, IN (Residential)

$          PHH US Mortgage, 6000 Atrium Way, Mt. Laurel NJ (Residential)

                       


Relocation Companies

$          Argonaut Realty Acquisition, General Motors Corp., 485 W. Milwaukee Avenue, Detroit, MI (Residential)

$          PHH Home Equity, Inc., 2221 Camden Court, Oak Brook, IL (Residential)

$          Prudential Relocation, 1100 Woodfield Road, 2 Woodfield Lake, Suite 520, Schaumburg, IL (Residential)

$          Boatmens Relocation, 510 Locust Street, St. Louis, MO (Residential)

$          HFS Mobility Services, 1375 E. Woodfield Road #400, Schaumburg, IL (Residential)

$          Associates Relocation, 250 E. John Carpenter Freeway, Irving, TX 75062 (Residential)

$          Cartus 

 

Federal, State, City

$          City of Bloomington, 220 E. 3rd Street, P.O. Box 100, Bloomington, IN (Residential, Commercial)

$          U.S. Department of Housing & Urban Development/FHA, 151 N. Delaware St., Indianapolis, IN (Residential)

$          Federal National Mortgage Association, 150 South Wacker Dr., Chicago, IL (Residential)

$          Small Business Association, 575 N. Pennsylvania Street, Indianapolis, IN (Residential)

$          U.S. Department of Justice, United States Marshals Service, 226 United States Courthouse, 46 E. Ohio Street, Room 226, Indianapolis, IN (Residential)

$          Department of Veterans Affairs, 575 N. Pennsylvania St., Indianapolis, IN (Residential, Commercial)

 

Right-of-Way Acquisition and Easements

$          Monroe County Superior Court, Bloomington, Indiana (Residential, Commercial)

$          City of Bloomington Utilities, P.O. Box 1216, Bloomington, IN (Residential, Commercial, Industrial)

$          City of Ellettsville, Ellettsville, Indiana (Residential, Commercial)

$          City of Bloomington, Redevelopment Department, P.O. Box 100, Bloomington, IN (Residential)

$          Indiana Department of Transportation, Division of Land Acquisition, 100 N. Senate Avenue, Indianapolis, IN (Residential, Commercial)

$          Monroe County Highway Department, Courthouse, Bloomington, IN (Residential, Commercial)

Other

$          Community Trust & Investment Co., 105 N. Pete Ellis #B, Bloomington, IN (Residential, Commercial)

$          Mallor, Clendening, Grodner & Bohrer, Attorneys at Law, 511 S. Woodscrest, Bloomington, IN (Residential, Commercial)

$          Andrews, Harrell, Mann, Chapman and Coyne, Attorneys at Law, 1720 N. Kinser Pike, Bloomington, IN (Residential, Commercial)

$          David J. Colman, 114 S. Grant Street, Bloomington, IN (Residential, Commercial)

$          Monroe Trust Group, P.O. Box 608, Bloomington, IN (Residential, Commercial)


 

 

 

COURT EXPERIENCE:

$          Expert witness in Monroe, Lawrence and Washington Counties.

 

ADDITIONAL INFORMATION:

$          Federal National Mortgage Association - Designated as Acceptable to submit appraisal reports at Level One, F.N.M.A. Number 1093464

$          President of the Walnut Center Condominium Association (Professional Office Condominium Project located in Downtown Bloomington)

$          Member of the Bloomington Association of Professional Mortgage Women and the Indiana Chamber of Commerce

 

REFERENCES

                                   

Mr. Jack Kenworthy, President

Bedford Federal Savings Bank

1030 15th Street, P.O. Box 368

Bedford, Indiana 47421

(812) 275-5907

Email: jkenworthy@bedfed.com

           

Mr. Edward Cullison, VP

Farmers & Mechanics Federal Savings

P.O. Box 269

Bloomfield, Indiana 47424

(812) 384-4473

Email:  ecullison@farmersandmechanicsfederal.com

 

Mr. Gary Smart, Commercial Loan Officer

Crane Federal Credit Union

1201 James Avenue

Bedford, Indiana 47421

(812) 276-2900 x7416

Email: gsmart@cranecu.org

 

Mr. Lon Stevens, President

Peoples State Bank

PO Box 128

Ellettsville, IN 47429

(812) 876-2228

Email:  lstevens@peoples-bank.com