Zaloom Appraisal Associates, LTD

VINCENT M. ZALOOM, SR., SRA, GAA, RAA

OCCUPATION: REAL ESTATE APPRAISER

MAINTAINS AN OFFICE AT 1186 HYLAN BLVD.,

STATEN ISLAND, NEW YORK 10305

PHONE: (718) 273-0477 FAX: (718) 273-0964

EDUCATION

Completed Real Estate & Related Courses:

• Real Estate at Long Island University 1960
• Real Estate Appraisal at Brooklyn College 1963
• Insurance Brokerage Poh’s Institute 1963
• Income tax preparation 1963
• Principle & techniques of Residential Appraising

At Hofstra University, Long Island (Soc. Of R.E.A.) 1967

• Federal Estate Taxes at Wagner College 1969
• Construction Technology at New York City Community College 1969
• Ecology in the Cities at the Institute of Design & Construction 1971
• Business Management Course, College of S.I.
• Law of Business Contracts, College of S.I. 1972
• *Principles of Income Property Appraising 201 (Soc. Of REA) 1972
• Land Surveying College of Staten Island 1973
• *Basic Valuation Procedures Appraisal Institute 1991
• *Professional Standards & Practices A & B 1991
• HP 12 Calculator Seminar 1992
• HUD Designation Seminar 1994
• *Appraisals of Rental Properties 1995
• Residential Appraisals Confronting Environmental Issues 1995
• Instructor Training Institute 1996

• *USPAP part A & B 1997

• * Appraisal and the Internet 1998
• Relocation Appraisal 1998
• *USPAP part C 1998
• *USPAP part C 2002
• Advanced Instructor Training Course 2000
• Litigation Valuation, expert witness 2000
• Highest & Best Use & Defending & Supporting Appraisal Reports 2003
• USPAP UPDATE and Appraisal Institute Ethics 2004
• NJ Fall Conference, Technology and the Appraiser, etc. 2005
• Evaluating Residential Construction 2005
• Highest & Best Use, Market Analysis 2006
• The First Annual Meadowlands Conference 2006
• *USPAP UPDATE 2007
• *General Demo Appraising Report Writing 2007
• The Cost Approach 2008
• Appraising FHA Today 2008
• USPAP UPDATE 2010 2009
• Appraising odd ball properties 2009
• Analyzing Real Estate Transactions in a Depressed Market 2010
• The Changing World of FHA

*Courses given by the Society of Real Estate Appraisers and the Appraisal Institute.

LICENSES, NEW YORK STATE

• Real Estate Broker 1963
• Insurance Broker 1963
• Notary Public 1963
• Certified Appraisal Instructor 1992
• State Certified General Real Estate Appraiser #460000001957 1992
• NYS. Instructor for Residential & Commercial Real Estate #1-348 1990

LICENSES, NEW JERSEY

• Real Estate Broker 1965-92
• NJ State Certified General Real Estate Appraiser RG-01109 1992

ORGANIZATION & DESIGNATIONS

• Member of the National Association of Real Estate Brokers 1963 to Date
• Member of the Staten Island Board of Realtors 1963 to Date
• Member of the NYS Society of Real Estate Appraisers 1965 to Date
• Member if the Appraisal Institute, Senior Residential Appraiser 1970 to Date
• Charter Member of the MLS. of Staten Island 1978 to Date
• Member of the National Association of Realtors Appraisal Section

• Residential Accredited Appraiser RAA and General Accredited

Appraiser GAA 1995 to Date

• Member of Regional Ethics & Counseling Panel for the

Appraisal Institute 1993 to 1996

EXPERIENCE

• Richmond County Real Estate Institute Appraisal Instructor 1994 to Date
• Developed 3 courses approved by NY State, The appraisal Process,

Highest & Best Use and Cost Estimating 1994 & 1997

• Licensed Real Estate Salesman 1960 to 1963
• Licensed Real Estate Broker (Sales, Rentals, Land, Commercial, Etc.) 1963 to Date
• Licensed Insurance Broker 1963 to Date
• Submitted Appraisals for Estate Work, Matrimonials, etc. 1965 to Date
• Appraised Properties in all 5 Boroughs of the City of New York 1965 to Date
• Builder of One and Two Family Homes 1970 to 1977
• Supreme Court State of New York & Surrogate Court

testified as an expert witness 1970 to Date

• Real Estate Investor, Developer, Consultant 1970 to Date
• Appraised properties in Nassau/Suffolk Counties 1985 to Date
• FHA Appraiser 1965 to 2005
• VA Appraiser 1966 to 1988
• New Jersey & Miscellaneous Counties 1992 to Date

CLIENTELE INCLUDES:

• Bank of New York
• Chase Manhattan Bank
• Citibank, N/A
• Hamilton Federal Savings & Loan Assocs.
• Catholic Guardian Society
• The City of New York; Dept. of Real Estate
• Dept. of Marine & Aviation, Dept. of Ports & Terminals
• Ford Consumer Financial

• GE Capitol Mortgage

• General Electric Credit Corp. of New Jersey
• FNMA
• Salvation Army
• Supreme Court of the State of New York
• Surrogates Court of the State of New York

• US Lines
• Wells Fargo Credit Corp.

• Marine Midland Bank
• Commerce Bank
• Sovereign Bank
• And numerous attorneys

Our competent staff consists of appraisers; each specialist in the areas they service, these include all boroughs of the City of New York, Nassau and Suffolk Counties

Respectfully Submitted,

________________________________

Vincent M. Zaloom, Sr. SRA,GAA,RAA

P.S. Please note that Continental Casualty Company insures us for errors and omissions.