Lighthouse

 

R E B Consulting

Real Estate & Business Valuation Consultants

Earth

Appraisers & Valuation Consultants of Commercial & Industrial Property throughout the Eastern U.S.

 Real Estate & Business Valuation Consulting

 

Over 40 Years of Experience

Serving the Eastern United States from Maine to Florida

REB Consulting 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 based on Hilton Head Island, South Carolina, we are able to provide appraisal services to our clients throughout the eastern United States.  With our offices located in southern Beaufort County in South Carolina, we offer professional appraisal valuation services on Hilton Head Island, Bluffton, Beaufort, Okatie and Port Royal in Beaufort County, Hardeeville and Ridgeland in Jasper County, the entire Low Country of South Carolina and the Eastern U.S from Maine to Florida.   Our extensive valuation knowledge, appraisal education, professional affiliations and valuation experience in all types of real property, allow us to provide professional appraisal services throughout the commercial, industrial real estate, machinery & equipment and business valuation communities. 

Many of our assignments come from mortgage lenders, attorneys and referrals from satisfied clients.  All assignments are presented to our clients in narrative report format following the USPAP guidelines.  Our valuations are documented with extensive market data and analyzed using our proprietary software templates specifically designed and customized to fit any situation.

We have an extensive background as expert witnesses in litigated valuations at market value and liquidation value  involving: bankruptcies, foreclosures, eminent domain (condemnation), 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 & industrial lenders, insurance companies, colleges, mortgage companies, federal agencies, state agencies, county governments, municipalities, Federal District Courts 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.

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 their 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.  Our 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 confifence and 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 as regulated by the Uniform Standards of Professional Appraisal Practice (USPAP).

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  (USPAP).

The preparation of Real Estate, Personal Property and Business Valuation Appraisal reports will follow the Uniform Standards of Professional Appraisal Practice 2011 Standards Rule 10-2(a) using one of the following required formats:

  • Complete 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 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, 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 the initial contact.

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