Donald H. Treadwell, Jr., MAI®
The qualifications of Mr. Treadwell include the following education and experience.
A graduate of the University of Michigan College of Literature, Science and the Arts in 1970 with an A.B. degree.
A graduate, majoring in real estate, of the University of Michigan Graduate School of Business Administration in 1972 with an M.B.A. degree.
Has attended seminars offered by the Appraisal Institute covering various topics including: Highest and Best Use Analysis, Computer Spreadsheets, R 41B, R 41C, Federal Mortgage Standards, Market Comparison, Cost Approach, Environmental Risk and the Real Estate Process, and Standards of Professional Practice Update. Successfully completed Courses I A, I B, II, VI (Appraisal of Investment Real Estate), Course VII (Industrial Valuation), Litigation Valuation, and Standards of Professional Practice of the Appraisal Institute (three times, last in November of 1997). Attended Appraisal Institute Course I400N-USPAP Update 2003, successfully completed Appraisal Institute Business Practices and ethics II420N (most recently in June of 2007), successfully completed the Appraisal Institute's Course II550 Advanced Appraisal Applications. Attended the Appraisal Institute’s Course 520 Highest and Best Use and Market Analysis and Course 530 Advanced Sales Comparison & Cost Approaches. Successfully completed Analyzing Operating Expenses, an online seminar of the Appraisal Institute. Successfully completed Industrial Real Estate, a course offered by the University of Michigan Extension Service and the Society of Industrial REALTORS. Attended the 2005 & 2007 Michigan Appraisal Update. During 2005 completed Virtual Classroom Courses for the following topics: National USPAP Update, Disclosures and Disclaimers, Appraising for Mortgage Lenders, and Appraising Unusual Properties. Completed National USPAP Update in June of 2007. During 2007 completed the following online courses: Appraising Manufactured Housing, Analyzing Distressed Real Estate, Environmental Pollution: Air & Mold Quality. During 2009 completed the following online courses: Ad Valorem Tax Consultation, 2008-2009 National USPAP Update, Construction Details and Trends, Michigan Law (appraisal laws and regulations), Appraisal Trends, and Land and Site Valuation.
Past member of faculty of the Appraisal Institute for Industrial Valuation.
Currently certified under the program of continuing education conducted by the Appraisal Institute.
Mr. Treadwell has been licensed to appraise real estate in Michigan since 1968.
1991‑Present: State certified general real estate appraiser, State of Michigan, Permanent Identification No. 1201000263. “Appraisers are required to be licensed and are regulated by the Michigan Department of Labor & Economic Growth, P. O. Box 30018, Lansing, Michigan 48909.”
Member #6028 of the Appraisal Institute holding the MAI designation
The qualifications of Mr. Parrett include the following education and experience:
A graduate with honors from Northwood University in 2004 with a Bachelors of Business Administration degree.
1992-1996. Worked as an appraisal associate and was involved in the research and analysis of market activity for industrial, commercial, and office buildings; residential, multiple-family, commercial, and industrial land; multiple-family apartment complexes; shopping centers; marinas; mobile home parks; subdivision development; restaurants; and single-family residences
1996-Present. Worked as a joint or primary appraiser on various assignments. The properties appraised include existing structures and proposed construction. The use of the appraisals include mortgage financing, refinancing, tax or estate planning, internal planning, divorce settlement, investment purchase and sale, asset management or liquidation, bankruptcy, and foreclosure. The types of properties include general offices, gas stations, truck stops, single‑family homes, car washes, manufacturing plants, car dealerships, medical offices, vacant land, auto malls, apartments, auto repair buildings, hi‑tech buildings, quick oil change facilities, restaurants, religious institutions, retail stores, truck garages, truck terminals, warehouses, recreational vehicle storage parks.
January 1993 through April 1997. Licensed Valuation Specialist with the State of Michigan, Permanent Identification #1201003622. “Appraisers are required to be licensed and are regulated by the Michigan Department of Labor & Economic Growth, P. O. Box 30018, Lansing, Michigan 48909.”
May 1998 to present. State Certified General Real Estate Appraiser with the State of Michigan, Permanent Identification #1201003622.
October 1998. General Associate Member of the Appraisal Institute.
Real estate appraisal courses and seminars include:
Real Estate Appraisal Fundamentals in May 1992, Standards of Professional Practice in July 1992, Appraisal Procedures on May 20, 1994, Real Estate Applications in December 1996, Basic Income Capitalization 310 in April 1997, a seminar on Capitalization Theory and Techniques in May 1995, Standards of Professional Practice Part A and Part B in May 1999, Advanced Income Capitalization (course II510) in January 2000, and Course 530 Advanced Sales Comparison and Cost Approaches in November of 2002, Highest and Best use and Market Analysis in October of 2004, Report Writing and Valuation Analysis in October of 2006. General Demonstration Report Writing in February of 2009. Assessment Administration Overview: “What Clients Would Like Their Appraisers to Know: How to Meet Their Expectations” in June 2009. Completed National USPAP Update in July of 2009.