Appraisal consulting services. Court and collateral documents reviewed, along with various appraisal reports. Research conducted to better understand the local housing market and advise client regarding debtor’s use of cash collateral. Client is secured creditor in bankruptcy proceedings.

Sites have been cleared and are improved with underground utilities. Appraisal addresses the Fee Simple Retail Value and the Fee Simple Bulk Value of the property. Multiple resources were used to find comparable land sales, with all sale comparisons transacting with six month of the appraisal date.

Appraisal review; scope includes inspection of subject, sale comparisons, and interview of the original appraiser. This site is improved with a dock, small office, and historic lime kiln. highest and best use concluded to be residential development. Review conducted prior to potential government acquisition.