JOSEPH GUMMERSON, AACI, P. APP.

Professional Designations:
Accredited Appraiser, Canadian Institute (AACI)
Awarded November 26, 1993, Member No. 208370

AIMA - Institute of Municipal Assessors of Ontario - Awarded March 30, 1995

Position:
Senior Consultant - Edward C. Kennedy & Associates - March 1998 to Present

Experience
Fee Appraisal - all classes of income and investment property, with special emphasis on multiple residential, retirement and industrial properties

Real Estate Lending - Part of investor mortgage team, representing Pension Funds and private Investors

Business Lending - Part of commercial lending team, providing term and operating loans to individuals and private companies

Residential Lending - Part of a network of field appraisers/mortgage lenders

Valuation Purposes:
- Purchase/Sale, Financing, Power of Sale and Foreclosure
- Assessment Review and Appeal
- Market Studies
- Feasibility Analysis
- Insurance Replacement Cost
- Litigation Support

Related Education:
Seneca College of Applied Arts and Technology - Real Property Administration - Graduated With Honours - June 17, 1980

Client Categories:
- Life Insurance
- Chartered Banks and Trust Companies
- Developers
- Property Managers
- Private Real Estate Companies
- Private Individuals

Professional Background:
Former National Demonstration Report Grader (AIC)
Chairman of the Waterloo-Wellington Chapter of the Appraisal Institute of Canada

Personal History:
Mr. Gummerson resides in Elora with his wife Marilena and their two children. Joseph actively participates as a volunteer coach for both summer and winter sports.