Position

Operations Manager, Morales Real Estate Associates, LLC

Education

University of Puerto Rico, Ponce, Puerto Rico
Real Estate Curriculum; 1986-1987

Connecticut Institute for Real Estate
Real Estate Curriculum; 1987-1988

Norwalk Community College, Norwalk, CT
Business Administration Curriculum; 1981-1982

Brien McMahon High School, Norwalk, CT
Graduated 1980

Professional
Experience

· 1990 - Present Morales Real Estate Associates, LLC, Norwalk, CT

Residential RE Management, Sales/Rental & Appraisal. As an Independent Fee Appraiser, inspecting the subject property and give the client a good indication of value with a certified report indicating the definition of market value as defined by the Appraisal Institute. Appraisal assignments included residential & relocation reports for relocation firms, mortgage companies, banks & corporate clients, foreclosure appraisals for attorneys.

Review of Real Estate appraisal reports as an appraiser who does not necessarily make personal inspections of real property but does review and analyze the relevant facts assembled by field appraisers. By the use of reason and to the validity of field appraisers' opinions, prepare written review reports recommending the acceptance, revision or rejection of such field appraisers' opinions.

· 1988 - 1990 New England Real Estate Appraisals, BPT., CT

Under the strict supervision of the owner or office manager, I estimate value of Real Estate as an appraiser who makes personal inspections of real property. Assembles and analyzes the relevant facts and, by the use of reason and the exercise of judgments, form objective opinions as to the market or other value of such properties or interest therein and prepares written appraisal reports, then reviewed by a Certified Review Appraiser.

· 1987 - 1990 Empire Realty Associates, Norwalk, CT

Residential Real Estate management, sales & appraisals. Management responsibilities include receiving rent by tenants; resolve any issues with tenant and landlord. Assignments include marketing residential properties through local MLS and advertising with local newspapers. Taking prospective buyers to view residential properties listed for sale or rent. Appraisal assignments include gathering data from the property, MLS, town hall and then utilizing a comparative analysis of the current market; estimate a fair market value for the property.

· 1987 - 1989 George Britto Appraisal Company, Norwalk, CT

Residential appraisal assignments including residential & relocation reports as an independent fee appraisals for relocation firms, mortgage companies, banks and corporate clients, foreclosure appraisals for attorneys.

Professional
Designations

State of CT Certified Residential Appraiser
     Connecticut State License #RCR.357

National Certified Review Appraiser - N.A.R.A.M.U.
        Certification # 18597

State of CT Licensed Real Estate Broker
        License #478222
Member of Norwalk Board of Realtors, 1987-1994

Member of Mid-Fairfield County Board of Realtors, Since 1994

Member of Greater New Haven Association of Realtors, Inc., Since 1999

State of CT Certificate of Appointment as a Notary Public Certification #81508 Expires 6/30/2007

Appraisal Courses
and Seminars
Completed

RE Ethics & Principles - Puerto Rico 1986-87
RE Fundamentals - Puerto Rico 1986-87
RE Terms & Definitions - Puerto Rico 1986-87
RE Financing - Puerto Rico 1986-87
RE Appraisal - Puerto Rico 1986-87
RE Law - Puerto Rico 1986-87
RE Principles & Practices - State of CT 1987
RE Law - State of CT 1989, 1991, 1994, 1996, 2001
RE Ethics - State of CT 1989, 2002
RE Equal Opportunity in Housing - CT 1989, 1998
RE Avoiding Brokerage Liability - CT 1989
RE CT Law Update - State of CT 1989, 1992, 1994, 1996, 1998, 2000, 2002, 2004
RE Small Residential Income Property - CT 1990
RE Relocation Report Review - State of CT 1990
RE Uniform Residential Report - State of CT 1990
RE FNMA Residential Guidelines - State of CT 1990
RE Basic Appraisals - State of CT 1991
RE Property Management - State of CT 1992
RE Appraisal Law & Regulation - State of CT 1992, 1994, 1996, 1998
RE Business Valuation - State of CT 1992
RE Fair Housing - State of CT 1992, 1994, 1996, 2001
RE Buyers Brokerage - State of CT 1994
RE Financing - State of CT 1994, 1996, 2004
RE Fiduciary Relationship - State of CT 1994
RE Lead Awareness - State of CT 1994, 1998
RE U.S.P Appraisal Practice - State of CT 1998, 2000, 2004
RE Basic Easement - State of CT 1998
RE Sub-Division Analysis - State of CT 1998
RE Bankruptcy - State of CT 1998
RE Loan Officer University - 1999
RE FHA and the Appraisal Process - State of CT 1999
RE City Hall Knowledge - State of CT 2000
RE Environmental Issues - State of CT 2001
RE Tax Assessment - State of CT 2001
RE Property Inspection Guide Red Flags - 2001
RE Tax Code 2001 & 2002 Affecting RE - 2002
RE Investments, Appreciating Value - 2002
RE Land Use Development 2002
RE Valuing High Price Properties – 2002, 2004

RE Agency – 2004

RE Appraisal Report Writing – 2004

RE Appraisal Underwriter Relationship – 2004

RE Analysis of Market Sales – 2004

RE Guide To The New Fannie Mae Forms – 2005

Testimony

Testified in United States Federal Bankruptcy, CT Civil and Superior Courts as an expert witness for extensive residential appraisals hired by bank attorneys for foreclosure proceeds. Extensive divorce, bankruptcy and foreclosure appraisal testimonies throughout the state of Connecticut.

Major Clients
Serviced

UPON REQUEST

Areas of
Coverage

Entire State of Connecticut