ASA NJ Calendar

Chapter 73, serving the bustling Northern New Jersey corridor, is one of the most active in the nation! Our calendar of educational, recreational, and social events has the latest news about seminars, meetings, lectures, speeches, parties, and functions.

2018 Business Valuation Conference

The ASA Northern New Jersey Chapter will hold its 2018 Business Valuation Conference on Friday, February 23, 2018 from 8:00 am to 5:00 pm at the Saddle Brook Marriott, 138 New Pehle Avenue, Saddle Brook, New Jersey 07663. (201-843-9500). [Map] A must for business valuation appraisers, the outstanding program of speakers and topics assures a lively and informative outing. Here's a quick look.
PJPatel
PJ Patel, ASA, Co-CEO and Senior Managing Director of Valuation Research Corporation, will talk about Brand Valuations:
Assessing the financial value of a brand in the context of how it contributes to the business results today and in the future.
William-JohnstonWilliam (Bill) A. Johnston, ASA, Managing Director of Empire Valuation Consultants, will talk about Mandatory Performance Framework for Valuation Professionals:
Introduction, background, and outlook for the quality, documentation, and certification requirements that valuation professionals must adhere to.
BrianYacktmanBrian Yacktman, the Founder, President and Chief Investment Officer of YCG, LLC, will talk about Valuation and The Art of Investing:
How equities have outperformed other asset classes historically and in the current market, and within the equity class, how counterintuitively high quality equities have outperformed other equities.
VladimirKorobovVladimir Korobov, ASA, a partner in the Valuation and Litigation Support Services group at Marcum LLP, will talk about Carried Interest Valuations:
Issues in practice when valuing carried interests for typical structures used by alternative investment funds.

Raymond Dragon, ASA, Senior Expert In Business And Patent Valuation at Anchin, will talk about BV Appraisers and the New Tax Law:
Presentation of scenarios and data as a basis for interactive discussion with your peers on the implications of the new “Tax Cuts and Jobs Act” for Business Valuation.

2108_BVAL_BadgeYou won't want to miss this timely and informative Conference, which qualifies for seven (7) hours of ASA Continuing Education Credit. CPAs and other professionals take note: ASA CEs are often honored by state boards and by other membership organizations.

The cost of the conference is $350 per person, which includes conference materials, Continental breakfast, lunch, and hot and cold beverages.

Registration. Please use the online form to register ASAP.

Payment. Payment is by check only. Please make checks payable to ASA NNJ Chapter 73 and mail to Chapter Treasurer Dhaval Jani, 1044 Smith Manor Blvd. West Orange NJ 07052  dhavalgjani@gmail.com.

Deadline. Your Registration and Payment must be received by Monday, February 19, 2018.

For more information and details, please refer to the Conference Brochure or email dhavalgjani@gmail.com.

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December NAIFA Meeting: Holiday Party & Discussion of Building Inspection Challenges

ASA Northern New Jersey Chapter Members are invited to join Members of the New Jersey North Chapter of NAIFA for a Holiday Party and Guest Lecture on Tuesday, December 5, 2017 at 4:00 pm at The Brookside (formerly Essex Manor), 41 Broughton Avenue, Bloomfield, NJ 07003 (Phone: 973-748-6590) [Map]. The Guest Speaker will be Paul M. Arthur, who is the principal of Paul M. Arthur Home Inspections and is also in charge of the Building Department for the City of Orange Township. Mr. Arthur will discuss “City Inspector vs. Home Inspector: Responsibilities and Challenges.”

Three words characterize Mr. Arthur’s career: construction, real estate, and inspection. His career was built on degrees and certificates completed over 40 years at Montclair State College, Essex County College, and the American School of Business. He has been Operations Manager for a major lumber yard, a Real Estate Agent, a Real Estate Appraiser, and both a vocational school teacher and a college-level instructor (Home Inspection For Appraisers). Today Paul owns and operates Paul M. Arthur Home Inspections and is the Construction Official and Code Inspector for the City of Orange Township. Paul’s talk will compare and contrast the challenges and responsibilities of a municipal building inspector and a home inspector.

You won’t want to miss Paul’s illuminating talk and the opportunity to network with NAIFA appraisers! The talk qualifies for two (2) hours of NJ Continuing Education Credit.

The meeting is FREE for NAIFA members and $50 otherwise. Advance registration and payment is required. Please RSVP by November 20 to NAIFA New Jersey North Chapter President Nick Ivanow by email (nijappraisalnet1@yahoo.com), phone (973-423-5703) or mail c/o NIJ Appraisal Network, 140 Lincoln Avenue, Hawthorne, NJ 07506. Make checks payable to NAIFA Northern NJ Chapter.

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September Meeting: Installation of 2017/18 Officers

The ASA Northern New Jersey May Chapter meeting will be held on Tuesday, September 19, 2018 at 6:30 pm at Ferraro's of Westfield 8-14 Elm Street Westfield, NJ 07090 (Phone: 908-232-1105) [Map].

The Board of ASA Chapter 73 invites you to join us in celebrating the Installation of the 2017/2018 Officers.

President: Donna Thompson Ray
Vice President: Michael Lavelle, ASA
Secretary: Daniel R. Roche, ASA
Treasurer: Dhaval Jani, ASA
Board Member: Lynn Magnusson, ASA

Dinner for this Meeting is complimentary for Chapter Members and their guests. So come out and help us celebrate!

Please RSVP to Chapter Treasurer Daniel R. Roche by Evite or by email to daniel.roche@marcumllp.com no later than Friday, September 14, 2018.

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December Holiday Party

The Northern New Jersey ASA December Chapter meeting will be held on Thursday, December 15 at 6:00 pm, at Bistro 18, 18 South Fullerton Avenue Montclair, NJ 07042 (Phone: 973-233-0800) [Map]. The meeting is the Annual Holiday Party, with dinner, BYOB and a White Elephant Gift Exchange.

The meeting is FREE for ASA Chapter members; $30 for non-members and guests. The event is BYOB, so feel free to bring whatever you would like. The chapter will provide a few bottles of wine. Please bring a wrapped gift worth approximately $20-$25, if you want to participate in the White Elephant Gift Exchange.

Please RSVP to Chapter Secretary Rich Brady via Evite, phone (201-265-3333 ), or email  by Friday, December 9. Make checks payable to "ASA Northern New Jersey Chapter 73" and mail to Richard D. Brady Jr., Appraisal Economics, 140 E. Ridgewood Ave, Paramus, NJ 07652.

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SAVE THE DATE: 7-Hour National USPAP Update Course

The Northern New Jersey Chapter of the American Society of Appraisers together with Appraisal Economics will sponsor an all-discipline National USPAP 2016-2017 7-hour Update Course on Monday March 21, 2016 at 9:00 am.  The course will be held in the conference room at Appraisal Economics, 140 E Ridgewood Ave Suite 380N, Paramus, NJ 07652 (Phone: 201-265-3333). The instructor, fees and other details are to be announced.

The National USPAP Update Course from The Appraisal Foundation is a one-day course that focuses on recent changes to USPAP requirements for ethical behavior and competent performance by appraisers.  This course, which clarifies several commonly misunderstood aspects of USPAP, will aid appraisers in all areas of appraisal practice seeking updated USPAP competency, including those subject to state licensing or certification and continuing education requirements imposed by professional organizations, client groups, or employers.

This course is required for all State Licensed or Certified Real Property Appraisers and Assessors.

Seating is limited, so please register early for the course, which meets the USPAP continuing education requirements for most appraisers, including the ASA requirement of one 7-hour USPAP update course every five years for accredited (AM, ASA, FASA) appraisers.

Due to limited seating, please email Paul Roberts at PaulR@iacinc.com to indicate your interest and confirm that a seat is available.

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November Meeting: 2016 Estate and Gift Tax Changes

The November Chapter Meeting will be held on Monday, November 9, 2015 at 6:00 pm at LuNello's 182 Stevens Ave, Cedar Grove, NJ 07009 (Phone: 973-837-1660) [Map]. The Executive Meeting is scheduled for 6:00 pm followed by Dinner at 6:30. The guest speaker is Mark Balian, Esq., an attorney with the firm of Wells, Jaworski & Liebman, who will discuss “2016 Changes in the Estate and Gift Tax Laws”.

A graduate of Villanova University with a B.S. in Accounting, Mr. Balian continued at Villanova earning a J.D. and M.B.A. and LL.M. (legal master's) in Taxation, and a certificate in Estate Planning. He is an Associate with Wells, Jaworski & Liebman practicing in the Tax, Trusts, and Estates, and Business and Commercial Departments. He has practiced before the New Jersey Supreme Court and the Appellate Division.

Mr. Balian's areas of interest and expertise include the fields of estate planning, estate administration, and estate litigation as well as business and commercial tax planning.

You won't want to miss his important and timely presentation. The program qualifies for two hours of ASA Continuing Education Credit.

Dinner is $30 per person with a cash bar. Please RSVP to Chapter Secretary Michael Lavelle via Evite, phone (201-265-3333 ), or email  by Friday, November 6. Make checks payable to "ASA Northern New Jersey Chapter 73" and mail to Michael Lavelle, Appraisal Economics, 140 E. Ridgewood Ave, Paramus, NJ 07652.

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May Meeting: 2015-16 Economic Outlook

The November Chapter Meeting will be held on Wednesday, May 13, 2015 at 6:00 pm at LuNello's 182 Stevens Ave, Cedar Grove, NJ 07009 (Phone: 973-837-1660) [Map]. The Executive Meeting is scheduled for 6:00 pm followed by Dinner at 6:30. The guest speaker is Patrick Frame, Executive Director at JPMorgan Asset Management, who will offer his “2015-16 Economic Outlook.”

A graduate of Rutgers with a B.S. in Political Science, Mr. Frame has over 15 years experience in the financial services industry. He holds Certified Financial Planner (CFP) and Certified Investment Management Analyst (CIMA) designations. He will discuss

  • The effects of lower oil prices
  • Economic growth, the Fed and rising rates
  • The effects of a rising dollar
  • Risks and opportunities in 2015

You won't want to miss this important and timely presentation. The program qualifies for two hours of ASA Continuing Education Credit.

Dinner is $30 per person with a cash bar. Please RSVP to Chapter Secretary Michael Lavelle via Evite, phone (201-265-3333 ), or email  by Friday, May 8. Make checks payable to "ASA Northern New Jersey Chapter 73" and mail to Michael Lavelle, Appraisal Economics, 140 E. Ridgewood Ave, Paramus, NJ 07652.

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2015 Planning Meeting

The February Meeting of the ASA Northern New Jersey Chapter 73 will be held on Thursday, February 12, 2015 at 6:00 pm at the home of Lynn and Drew Magnusson, 14 Parry Ct, Parsippany-Troy Hills, NJ 07054.

You are invited to join Lynn, Drew and the Chapter Officers in planning the 2015 year, while enjoying casual fare and a convivial atmosphere.  This meeting is Free for chapter members.

Please RSVP to Chapter Secretary Michael Lavelle by phone (201-265-3333 ), or email by Monday, February 9.

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December Meeting: Annual Holiday Party

The Northern New Jersey ASA December Chapter meeting will be held on Friday, December 5, 2014 at 6:30 pm at LuNello's 182 Stevens Ave, Cedar Grove, NJ 07009 (Phone: 973-837-1660) [Map].  The meeting is the Annual Holiday Party, with dinner, cash bar, and Dirty Santa exchange.

The meeting is FREE for ASA Chapter members; $30 for non-member guests.

Instructions for Dirty Santa
Everyone brings a gift for Santa’s bag of $15 or more. Numbers are assigned to each person. Person #1 chooses from the bag and opens the gift for all to see. Person #2 chooses from the bag OR steals from Person #1. In that case, Person #1 gets to choose from the bag again.  And so it goes until Santa’s bag is empty.  Re-gifts and previously owned items are welcome.

Please RSVP to Chapter Secretary Michael Lavelle via Evite, phone (201-265-3333 ), or email  by Tuesday, December 2. Make checks payable to "ASA Northern New Jersey Chapter 73" and mail to Michael Lavelle, Appraisal Economics, 140 E. Ridgewood Ave, Paramus, NJ 07652.

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November Meeting: Market Yourself with LinkedIn

The November Chapter Meeting will be held on Thursday, November 6, 2014 at 6:00 pm at LuNello's 182 Stevens Ave, Cedar Grove, NJ 07009 (Phone: 973-837-1660) [Map]. The Executive Meeting is scheduled for 6:00 pm followed by Dinner at 6:30. The guest speaker is Julbert Abraham, Managing Partner of Abraham Global Marketing in East Orange, who will talk about “Using LinkedIn to Market You and Your Business.”

A graduate of Cheyney University of Pennsylvania with a BS in Marketing/Marketing Management, Mr. Abraham took his MBA at Northeastern University. He has over 10 years experience in marketing, sales and entrepreneurship, including as a VP for Front Street Media. His company produces webinars, workshops, and seminars that focus on LinkedIn marketing. It also provides LinkedIn account management for busy professionals. A popular speaker, Mr. Abraham is the author of LinkedIn Marketing for B2B.

You won't want to miss Mr. Abraham’s expert presentation that will help you market yourself and your business via LinkedIn. The program qualifies for two hours of ASA Continuing Education Credit.

Dinner is $30 per person. Please RSVP to Chapter Secretary Michael Lavelle via Evite, phone (201-265-3333 ), or email  by Tuesday, November 4. Make checks payable to "ASA Northern New Jersey Chapter 73" and mail to Michael Lavelle, Appraisal Economics, 140 E. Ridgewood Ave, Paramus, NJ 07652.

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September Meeting: Appraisal Challenges after Hurricane Sandy

The September Chapter Meeting will be held on Tuesday, September 23, 2014 at 6:00 pm at The Montville Inn, 167 Main Rd, Montville NJ 07045 (Phone: 973-541-1234) [Map]. The Executive Meeting is scheduled for 6:00 pm followed by Dinner at 6:30. The guest speaker is Mike Ehrenberg, the owner of MEI Appraisal Company, LLC, who will talk about "Appraisal Challenges After Hurricane Sandy".

Michael Ehrenburg, ASA, owner of MEI AppraisalsA graduate of the University of Delaware, Mr. Ehrenburg specializes in the valuation of residential and commercial properties for financing and tax appeal purposes. He is experienced in complex commercial, industrial, vacant land and residential appraisals for estate, litigation, relocation and financing.  He has testified before ad-valorem and zoning board cases in over 20 states, and is qualified as an expert witness in federal, state, and local courts.

Mike Ehrenburg’s discussion of post Sandy appraisal challenges is sure to be interesting. The program qualifies for two hours of ASA Continuing Education Credit.

Dinner is $30 per person. Please RSVP to Chapter Secretary Michael Lavelle via Evite, phone (201-265-3333 ), or email by Tuesday, September 16. Make checks payable to "ASA Northern New Jersey Chapter 73" and mail to Michael Lavelle, Appraisal Economics, 140 E. Ridgewood Ave, Paramus, NJ 07652.

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June Meeting: Installation Celebration

The June chapter meeting will be held on Wednesday, June 25, 2013 at 6:00 pm at Lu Nello Restaurant, 182 Stevens Ave, Cedar Grove NJ 07009 (Map).

Join us to celebrate the Installation of the 2014-2015 Board of Directors. Enjoy a good meal together and network with past chapter presidents, discipline governors and your fellow appraisers. Meet new people!


2014-2015 Officers:
President-Elect:  Raymond Dragon, ASA
Vice President-Elect:  Daniel Roche, ASA
Secretary-Elect:  Michael Lavelle, ASA
Treasurer-Elect:  Lynn Magnusson, ASA

Come find out what the ASA NNJ Chapter 73 is up to. Join us for appetizers, pasta, trecolore salad, choice of chicken or veal, wine, soda, coffee, and cake. All Chapter members and their guests are welcome.  Price is $35 per person.

Please RSVP by Evite by Monday June.  Please email Michael Lavelle at mlavelle@appraisaleconomics.com with any questions.

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May Meeting: The Future of the NJ Chapter

The May Chapter Meeting will be held on Thursday, May 8, 2014 at 6:00 pm at LuNello's Montville Inn, 167 Main Rd, Montville NJ 07045 (973-541-1234). The meeting will be an informal discussion about the Chapter’s assessments, meetings, networking, education and events.

Dinner is $30 per person. Please RSVP to Chapter Secretary Donna Thompson Ray via Evite, phone (908-317-5547), or email. Make checks payable to "ASA Northern New Jersey Chapter 73" and mail to PO Box 246, Westfield, NJ 07091 to arrive by Tuesday, May 6.

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February Meeting: Auctions and Appraisals

The February Chapter Meeting will be held on Thursday, February 20, 2014 at 6:00 pm at Maggiano’s, 70 Riverside Square Mall, Hackensack, NJ 07601 (Phone: 201-221-2040) [Map]. The Executive Meeting is scheduled for 6:00 pm followed by Dinner at 7:00. The guest speaker is Mitchell Caspert, Esq., a principal of Caspert Auctioneers & Appraisers in Englewood Cliffs, NJ. Mr. Caspert will discuss “Overcoming Your Seller's Bloated Expectations.”

Mitchell Caspert, who took his B.S. at Syracuse University and his J.D. at the Thomas Jefferson School of Law. enjoyed a 20-year career supervising the administration of attorneys and legal professionals at two prominent New York City law firms. After 9/11. he returned to the family business, while maintaining his interest in the law and technology.

Mr. Caspert has lectured attorneys about technology, and has moderated Ask A Lawyer, a weekly metro area television program. A popular speaker at financial seminars, trade groups and professional associations, he is an expert on the auction & appraisal business.

The program qualifies for two hours of ASA Continuing Education Credit. Dinner is $30 per person for members when paid in advance by PayPal or check; $35 for guests and for members paying at the door. Please RSVP to Chapter Secretary Donna Thompson Ray via Evite, phone (908-317-5547), or email. Make checks payable to "ASA Northern New Jersey Chapter 73" and mail to PO Box 246, Westfield, NJ 07091 to arrive by Tuesday, February 18.

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The Real Estate Market: Outlook and Trends

The ASA Southern New Jersey and Princeton Chapters will meet jointly together with NAIFA (National Association of Insurance and Financial Advisors) members on Wednesday, February 26, 2014 at Mastoris Restaurant, 144 Route 130 at Route 206, Bordentown, NJ 08505 (Phone: 609-298-4650) [Map]. Networking and the Cash Bar susanmsmithstart at 6:30 pm; Dinner Meeting at 7:00 pm.

The Guest Speaker will be Susan M. Smith, MAI, Editor-in-Chief, the Real Estate Business Advisory Services Group at PricewaterhouseCoopers. She will discuss “Recent Trends in and the Outlook for the Real Estate Market in 2014.” Ms. Smith will share her findings on the commercial and industrial real estate market in the past year.

Please join us for another fun-filled evening with Susan at this annual event. Dinner is $25 for Chapter Members and $30 for their Guests. Please make checks payable to ASA SNJ Chapter 47. Please RSVP Rose Moroz by email by February 20 to confirm attendance.

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December Meeting: Annual Holiday Party

The Northern New Jersey ASA December Chapter meeting will be held on Wednesday, December 11, 2013 at 6:00 pm at Grato 2230 Route 10 holiday-partyWest, Morris Plains NJ 07950 (Map) The meeting is the Annual Holiday Party, with networking at 6:00 pm followed by dinner in the Tapestry Room at 6:30 pm. Special highlight: A Dirty Santa exchange!

The meeting is FREE for Chapter members. Each member may bring one Guest for $50. Space is limited, so seating is first come, first served up to a maximum of 24.

Please RSVP Chapter President Lynn Magnusson, ASA  by phone (973-425-1550), fax (973-425-1553) or email, and mail her your check payable to "ASA Northern New Jersey Chapter 73" by Thursday, December 6, 2013.

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September Meeting: Appraising Fine Wine

The ASA Northern New Jersey and Princeton Chapters will hold their September meeting jointly on Monday, September 23, 2013 at 6:00 pm at EisnerAmper LLP, 111 N Wood Ave So, 1st Floor Training Center, Iselin, NJ 08830. The guest speaker will be William H. Edgerton, ASA who will discuss “Understanding What to Look for in Fine Wine.”

william-edgertonMr. Edgerton is the principal of the Darien, CT firm of Edgerton Wine Appraisals and the editing partner of the Wine Auction Prices database. An internationally recognized expert in wine appraisal and authentication, he has written four books, numerous articles, appeared on TV, testified as an expert witness, and is a frequent guest speaker and seminar host.  A graduate of Dartmouth College, he holds dual ASA certification in fine wines and urban real property.

Please register early for this educational and insightful evening which qualifies for 2 hours credit toward ASA reaccreditation.

The Wine Tasting and Dinner is $30. Please RSVP Chapter Secretary Donna Thompson Ray by phone (908-317-5547), Evite or email, and mail her your check payable to "ASA Northern New Jersey Chapter 73" by Thursday, September 19, 2013.

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June Meeting: Installation Celebration

The June chapter meeting will be held on Friday, June 28, 2013 at 4:00 pm at “Casa Magnusson,” 14 Parry Ct Lake Parsippany, NJ 07054.

Join us for the Al Fresco Installation Celebration of the 2013-2014 Board of Directors and for networking with past chapter presidents, discipline governors and your fellow appraisers.

2013-2014 Officers:
President - Lynn Magnusson, ASA
Vice President - Ray Dragon, ASA
Treasurer - Dan Roche, ASA
Secretary - Donna Thompson Ray

Catch your breath and the sunset. Bring your bass fishing pole and sunglasses.  Come find out what the ASA NNJ Chapter 73 is up to.

Free to chapter members plus one guest.  Food, beer and wine included.  Come after work or anytime after 4:00 pm.

Please RSVP Chapter President Lynn Magnusson, ASA by Evite by Saturday, June 22.

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February Meeting: Tax Changes, Fiscal Cliffs and the Economy

The February Chapter Meeting will be held on Thursday, February 21, 2013 at 6:00 pm at Pal's Cabin in West Orange, NJ. The Executive Meeting is scheduled for 6:00 pm followed by Dinner at 7:00. The guest speaker is Daniel Gibson, CPA, a partner in the national accounting firm of EisnerAmper LLP, who will talk about "Tax Changes, Fiscal Cliffs and the Current Economy."

Daniel Gibson has over 30 years experience providing accounting, tax and consulting services, including compliance and planning for individuals, corporations and partnerships. A graduate of the University of Scranton with an M.S.T. from Golden Gate University, he has lectured, published and been interviewed on a variety of topics including Federal and New Jersey tax changes, individual and business tax planning and business strategies.

Mr. Gibson’s exploration of recent tax code changes, the real-world consequences of the fiscal cliff and the state of the economy will be valuable to appraisers in all disciplines. Space is limited so reserve early for this program, which qualifies for one hour of ASA Continuing Education Credit.

Dinner (soup, salad, entree, dessert, coffee/tea) is $30 person. Please RSVP to Chapter Secretary Donna Ray Thompson via Evite, phone (908-317-5547), or email, and mail your check payable to "ASA Northern New Jersey Chapter 73" to her at PO Box 246, Westfield, NJ 07091 by Monday, February 18.

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January Meeting: Appraisal Review for Fraud

The January Chapter Meeting will be held on Thursday, January 17, 2013 at 6:00 pm  at Pal's Cabin in West Orange, NJ. The Executive Meeting is scheduled for 6:00 pm followed by Dinner at 7:00. The guest speaker is Gary Snowdon, ASA, Principal Appraiser at the Albany, NY firm of Snowdon Valuation, who will talk about “The Good, the Bad, and the Ugly: Appraisal Review for Fraud.”

Gary Snowdon, who received his B.A. in Education from William Paterson University and earned a Graduate Certificate in Public Management from Rockefeller College, SUNY Albany, has over 20 years experience appraising commercial and industrial real estate.  He specializes in complex commercial, industrial, and vacant land appraisals in the Hudson Valley, Capital, Saratoga, and Adirondack regions for finance, litigation support, estates, eminent domain, conservation, and other purposes.

Mr. Snowdon has served as an Appraisal Consultant to the NYS Department of Transportation and as a Regional Advisor to the NYS Secretary of State.  A NYS Certified Appraisal Instructor, he has developed and taught courses and seminars for ASA, the National Association of Independent Fee Appraisers and the Appraisal Institute. He has also contributed to books and journals on real estate topics and writes The Snowdon Report.

The program qualifies for one hour of ASA Continuing Education Credit. Dinner is $30 person. Please RSVP to Chapter Secretary Donna Ray Thompson via Evite, phone (908-317-5547), or email, and mail your check payable to "ASA Northern New Jersey Chapter 73" to her at PO Box 246, Westfield, NJ 07091 by Monday, January 14.

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