Mundy Appraisal Services -- Resume

Mundy Appraisal Services
Real Estate Appraisers and Consultants

COMPANY INFORMATION

DUN AND BRADSTREET #
NM G.S.R. #
CITY BUSINESS LICENSE #
MAI DESIGNATION #
STATE CERTIFICATE #
BUSINESS TYPE:
96-610-6270
02-320411-00-7
2368
11,288
001219-G
SOLE PROPRIETORSHIP

QUALIFICATIONS OF KAREN I. MUNDY, MAI

PROFESSIONAL EXPERIENCE:

MAI, Designated Member of the Appraisal Institute - #11,288
State Certified General Real Estate Appraiser, New Mexico-001219-G

QUALIFICATIONS OF THE APPRAISER
EDUCATION BACKGROUND AND SPECIAL TRAINING:

Graduated from the University of Tampa, 1986, Bachelor of Science Degree with a major in Finance, and a minor in Economics.

Qualified as an Expert Witness in United States Bankruptcy Court in Albuquerque, New Mexico (1998); the United States Court of Federal Claims in Washington, D.C. (2000); New Mexico District Court, Las Cruces, New Mexico (2000, 2002, 2003 and 2004); Wyoming District Court, Pinedale, Wyoming (2002); Lincoln County District Court, Carrizozo, New Mexico (2006).

Treasurer - Rio Grande Chapter of the Appraisal Institute – 2002
Secretary - Rio Grande Chapter of the Appraisal Institute – 2003

Successfully completed or challenged the following real estate courses from the Appraisal Institute:

Course 110 and 120 Real Estate Appraisal Principles and Procedures - 1992
Course 310- Basic Income Capitalization - 1993
Course 510 - Advanced Income Capitalization - 1993
Course 530 - Highest and Best Use Analysis - 1994
Course 540 - Report Writing and valuation Analysis - 1995
Course 550 - Advanced Applications - 1994
Standard of Professional Practice Parts A and B – 1997, 2003
Demonstration Appraisal - 1996
General Comprehensive Examination - 1997
Course 720 - Condemnation Appraising: Advanced Applications – 2003

Successfully completed the following real estate courses from the American Society of Farm Managers and Rural Appraisers:
Appraising Natural Resources - 2002
Appraising Ag Land In Transition – 2005

SEMINARS:
The Appraisal of 2-4 Family Units - Appraisal Institute; August 1997
Eminent Domain and Condemnation Appraisal - Appraisal Institute; April 1998
Small Hotel/Motel Valuation - Appraisal Institute; September 1998
Lease Abstracting and Analysis – Appraisal Institute; February 1999
Case Studies in Highest and Best Use - Appraisal Institute; June 2000
Uniform Standards of Professional Appraisal Practice - Appraisal Institute; July 2001
Feasibility and Investment Timing- Appraisal Institute; January 2002
Analyzing Operating Expenses - Appraisal Institute; May 2003
Valuation of Detrimental Conditions in Real Estate - Appraisal Institute; May 2003
Business Practices and Ethics - Appraisal Institute; May 2003
National USPAP Update – Appraisal Institute; January 2005
Professionals Guide to the URAR - Appraisal Institute; January 2005
Subdivision Valuation - Appraisal Institute; April 2006
Evaluation Commercial Construction - Appraisal Institute; October 2006
Uniform Standards for Federal Land Acquisitions – Appraisal Institute; March 2007
National USPAP Update – Appraisal Institute; April 2007
Forecasting Revenues - Appraisal Institute; June 2007
Introduction to Valuing Green Buildings - Appraisal Institute; September 2008
Attacking and Defending the Appraisal in Litigation - Appraisal Institute; October 2008
Introduction to FHA Appraising - Appraisal Institute; April 2009
National USPAP Update – McKissock School; April 2009

EMPLOYMENT:
February 1997; Owner, Mundy Appraisal Services
April 1996 to January 1997; Fee Appraiser, Mesilla Valley Appraisal Services.
January 1994 to April 1, 1996; Senior Appraiser, Callaway and Price, Inc., Fort Pierce, Florida.
November 1990 to December 1993: Fee Appraiser, Pardue Heid Church Smith and Waller, Inc., West Palm Beach, Florida.
REPRESENTATIVE CLIENTS:
AEGON Realty Advisors, Wells Fargo Bank, Bank of America, Bank of the West, Bank of the Rio Grande, Citizen’s Bank, First Community Bank, First New Mexico Bank, Pioneer Bank, First National Bank of Las Cruces, First Federal Savings Bank, State National Bank, Alamogordo Federal Savings Bank, First National Bank of Alamogordo, New Mexico State Land Office, City of Las Cruces, Dona Ana County, Village of Hatch, City of Sunland Park, City of Alamogordo, Village of Columbus, Hatch Valley Public Schools, Las Cruces Public Schools, New Mexico State Highway and Transportation Department, United States Small Business Administration, Attorneys and Private Entities. RIGHT-OF-WAY PROJECTS:
Shrode Road Improvement Project, Anthony, Dona Ana County, New Mexico; Zia Engineering and Environmental Consultants, LLC
Cortez Drive Improvement Project, Las Cruces, Dona Ana County, New Mexico; City of Las Cruces.
Sunland Park Extension, Dona Ana County, New Mexico; New Mexico State Highway and Transportation Department.
White Sands Boulevard and 10th Street, Alamogordo, Otero County, New Mexico; City of Alamogordo.

REPRESENTATIVE ASSIGNMENTS:

Commercial and Residential Property including but not limited to:
Single and Multifamily Complexes, Hotels and Motels; Professional Office Complexes, Eminent Domain, Industrial Parks, Warehouses, Shopping Centers and Free Standing Retail Buildings, Vacant Land, Subdivision Analysis and Mobile Home Parks; Farm & Ranch, Citrus Groves, Special Purpose: Post Office, Nursing Home, Banking Facility, Restaurant, Convenience Stations, Packing House, Easements.

REFERENCES:

Ms. Jill Gutierrez, President, Bank ‘34, (575) 521-8100
Mr. Steve Brown, President, Bank of the Rio Grande, (575) 525-8900
Mr. Scott Hendricks, VP, First Community Bank, (575) 524-7748