FORMER REAL ESTATE APPRAISER

QUALIFICATIONS

SARAH S. LYON, CERTIFIED GENERAL APPRAISER

E-Mail: sslyon@erols.com


FORMER PROFESSIONAL EXPERIENCE

1996-Present- Disabled-not active.

1992-1996- President, Battlefield Appraisals, Manassas, Virginia.

1991-1992- Assistant Vice President, Appraisal Services Department,Riggs National Corporation, Washington, D.C.

1987-1991- Appraiser Program Specialist, D.C. Government-Occupational and Professional Licensing Administration, Department of Consumer and Regulatory Affairs;

Staff Appraiser, Appraisal Division, Real property Administration, Department of Administrative Services.

1986-1990-Sole Proprietor, Boundary Street Resources, appraisals, marketing, loan servicing, and dispute mediation, Washington, D.C.

1986-1988-Dispute Mediator, Home Owners Warranty Program, National Academy of Conciliators

1986-Northern Virginia Regional Director, Mount Vernon Relocation Center, Vienna, VA.

1985-Auditor, contract for DOI, CBSI, Merrifield, VA

1984-1986-Consultant, DISCON, appraisals and marketing, Washington, D.C.

1984-Section 312 Loan Servicer, CMS, Inc. Washington, D.C.

1983-1984-Review Appraiser, HUD, D.C. Field Office, Washington, D.C.

1982-Head, Program Development, National Building Museum Information Center, Washington, D.C.

1981-Vice President, Vicki Bagley Realty, Washington, D.C.

1979-1981-Project Supervisor, Guilford County Revaluation, W.P.Ferris, Inc. appraisal firm for assessment purposes, Charlotte, N.C.

1974-1979-Broker-Appraiser, Montana & Associates and Seawell Gallery of Homes, Greensboro, N.C.


LICENSES AND DESIGNATIONS

General Real Estate Appraiser Certifications

Virginia #4001-001558 Expired

Maryland #04-10079 Expired

District of Columbia #10017 (Inactive Status) 3-1996

G.R.I. designation, 1976

Real Estate Brokers Licenses

North Carolina #32514 (inactive status)

District of Columbia (inactive status)


JUDICIAL EXPERIENCE

Fairfax County Circuit Court Expert Witness, resulted in 60% or $9 million reduction in assessed value over a four-year period for client - 1995.


EDUCATIONAL BACKGROUND

MBA Graduate work University of N.C. with computer applications, 1979.

USDA Graduate school, Statistics, Washington, D.C. 1988

Graduate Studies in Real Estate Appraisal:

AIREA 1A - 1976 AI-Standards of Professional Practice A & B -1992

AIREA VIII - 1976 AI-Case Studies in Real Estate Valuation -1992

SREA 201 - 1977 ASFMRA- Advanced Technical Review-48 hrs -1992

BA in Creative Design, Rollins College, Winter Park, Florida, with studies in architecture, sculpture,and psychology, 1963-Dean's List.

Farr and Associates, Greensboro, N.C., Executive Leadership Program.384 classroom hours of Organizational Development. 1981- 1982.

SEMINARS AND OTHER EDUCATION

Courses A, B, and C of the Realtors Institute of North Carolina, 1975-1976.

Solar Heating Seminar, Guilford Technical Institute, N.C., Dr. Maurice Raiford, 1977.

Basic Money Market Analysis (SREA)- Dr. William Kinard, Greensboro,N.C. 1979.

Tax Considerations in Real Estate Transactions- Dr. Warren Higgins, Greensboro, N.C. 1980

Income Analysis Procedures and Techniques, Washington, D.C. 1981.

Bricklaying-Guilford Technical Institute, Greensboro, N.C. 122 classroom hours-1978.

Joint Venture Financing-Washington Board of Realtors, Washington, D.C. 1989.

The Machinery/Equipment Interface, George D. Sinclair, FASA, MAI, Falls Church, VA 1989

Appraisal Before the Tax Court, The Honorable Samuel B. Sterrett, Falls Church VA 1989

Standards of Professional Practice-ASA, Washington, D.C. 1990.

Right of Way and Partial Taking Appraising, Gerald B. Saunder, SR/WA, Bethesda, MD 1990

Fair Housing, D.C. Real Estate Commission, Washington, D.C. 1990

Discounted Cash Flow Analysis, Washington, D.C. 1992.

Subdivision Analysis, Washington, D.C. 1992.

Appraisal Reporting of Complex Residential Property, Virginia, 1993

ARGUS, Mr. Chase Metz, Washington, D.C. 1993

UCAIR Commercial Form, Felice Rocca, MAI, Manassas, VA 1994

Cash Equivalency, Dr. Ken Lusht, MAI, Manassas, VA 1994

Reviewing Residential Appraisals, Joe Minnich, SRA, Virginia 1995

Analyzing Income and Expenses of Commercial Property, Virginia, 1995

Regression Analysis: The Appraisal Approach of the Future, Matt McKissock, Washington, D.C. 1995

Appraiser as Expert Witness, Felice Rocca, MAI, Virginia 1995

Matched Pairs and Market Extraction, Joseph Durrer, MAI, Virginia 1995

Highest and Best Use, Joseph Durrer, MAI, Virginia 1995

Virginia Appraisal Law, Joseph Durrer, MAI, Virginia 1995

Dynamics of Office Building Valuation, Felice Rocca, MAI, Virginia 1996

Non-Residential Demonstration Writing,Steve Matos,MAI/Rocky Shiplett,MAI, Washington, D.C. 1996


TYPES OF APPRAISALS

Surface, Subsurface, and Air Rights; Office Buildings; Hotels; Residences; Industrial Buildings; Raw Land; Medical Office Buildings; Leasehold and Leased Fee Interests; Partial Interests; and Residential, Historic Properties.

TYPES OF REVIEW APPRAISALS

Office Buildings; Subdivisions; Raw Land; Office Condominiums; Single Family Detached and Attached; Industrial Complexes; Hotels; Raw Land; Shopping Centers; Mini-Warehouse Self-Storage Complexes; Cooperative Apartments and Apartments


FORMER PROFESSIONAL AFFILIATIONS

Stonewall Jackson Chapter Representative to the Appraisal Standards Board and the Appraisal Qualifications Board of the Appraisal Foundation

Appraisal Institute- MAI Candidate IIN: 242602529 (AIREA Chapters #40 and SREA #153 until 1981. Washington Metro Chapter from 1981 - 1992) Stonewall Jackson Chapter 1992 - Present.

Federal Real Property Association-Vice President, Washington, D.C. 1988-1992.

Chambers of Commerce-Fairfax County, Loudoun County, Vienna, and Reston 1986.

Dulles Area Regional Council-1986

NAIOP-1986

National Academy of Conciliators-1985-1988

North Carolina Regional Representative, SREA Market Data Center, 1980-1981

Boards of Realtors, Greensboro, N.C. 1974-1981 and Washington, D.C. 1986-1988

National Association of Realtors-1974-1982, 1986-1988


CLIENTS

VA

NC

MD

OTHER

DC

RELOCATION APPRAISAL CLIENTS