Lester Frakes Appraisal Services

Appraisal Qualifications

APPRAISAL CERTIFICATION:
Certified General Appraiser, State of Oregon, License # C000559

EXPERIENCE: (I have been appraising agricultural, rural, and residential properties since 1975)
August 2000 to Present: (Self - Employed) - Appraiser, Appraise rural and farm property.
1994 to 2000: (Farm Credit Services) - Appraiser, Appraise rural and farm properties for real estate loan purposes.
1978 to 1994: (Oregon Department of Veterans Affairs) - Appraiser, Appraisal Manager, Loan Servicing Manager
1975 to 1978: (Lake County Assessor) - Appraiser, Appraise residential and rural property for ad valorem tax purposes

EDUCATION: (Professional Appraisal Education)
1975 - AIREA - 1A, Basic Principles of Real Estate Appraisal
1976 - AIREA - VIII, Single Family Residential Appraisal
1993 - AI - R1/G1, Foundations of Real Estate Appraisal
1993 - AI - R2/G2, Appraising the Single Family
1993 - AI - SPP Part A, Uniform Standards and Practices
1993 - AI - 310, Basic Income Approach
1994 - ASFMRA - A29, Highest and Best Use
1995 - ASFMRA - A20, Principles of Rural Appraisal
1996 - ASFMRA - A30, Advanced Rural Appraisal
1997 - ASFMRA - Fractional Interest Seminar
1998 - AI - I 410, Uniform Standards and Practice
2000 - ASA – ALL215 – Report Writing
2003 - ACRE – National Uniform Standards and Practices
2004 - ASFMRA - UASFFLA Yellow Book Course
2004 - ASFMRA - Timber and Timberland Valuation
2005 - AI - USPAP 7hr and Appraising from Blueprints and Specifications
2007 - AI - USPAP 7hr, Appraising Manufactured Housing, GIS Applications, and Internet Strategies for Appraisers

CLIENTS: (Partial List of Lender / Clients served)
Farm Credit Services
USDA Farm Service Agency
US Bank
West Coast Bank
Oregon Department of Veterans Affairs
Oregon Community Credit Union
Citizens Bank
ShoreBank Pacific
State of Oregon Parks Department
Moss Adams LLP
Agricultural Mortgage Company, Kentucky
City of Banks Oregon