QUALIFICATIONS OF BRENT STANGER, ARA

MEMBERSHIPS AND LICENSES

1.    Accredited Rural Appraiser, (ARA), through the American Society of Farm Managers and Rural Appraisers, (ASFMRA).  

2.    Presently serving as Chairman of the Appraisal Education and Accreditation Committee of the ASFMRA

3.    President of the Idaho Chapter of the ASFMRA—2002

4.    Certified General Appraiser with the State of Idaho; Certificate #CGA-210

5.    Certified General Appraiser with the State of Nevada, Certificate #A.0003541-CG 

6.    Idaho Real Estate License #SP31471

  APPRAISAL EXPERIENCE

May 1998 to Present: Rural Real Estate Appraiser and member of LeMoyne Appraisal, LLC, Twin Falls, Idaho.

June 1996 to May 1998: Assistant Vice President of Collateral Services with
Farm Credit Services.  Responsible for supervising personnel, reviewing appraisal work, and overseeing all aspects of appraisal activity in five Farm Credit Services branch offices.

  June 1992 to June 1996: Appraiser with Farm Credit Services, working in the Twin Falls and Burley, Idaho Regional areas.  Responsibilities included gathering and analyzing market data, compiling market studies, completing appraisals and other duties consistent with the appraisal profession.

  AREAS AND TYPE OF APPRAISAL WORK COMPLETED

              Have completed real estate appraisals on properties throughout Idaho and parts of Nevada, Wyoming, Montana and Nebraska.  Work includes large irrigated and dry farm operations, commercial dairy facilities, potato storage properties, desert ranch operations, recreational properties, city commercial properties, highway condemnation work and other specialized facilities.

  APPRAISAL RELATED EDUCATION

1)                 Minerals and Timber Valuation Seminars, May 2007

2)        Latest Uniform Standards of Professional Appraisal Practice, January 2007

3)        Identifying Intangible Assets Seminar, May 2006

4)        Livestock Ranch Appraisal Seminar, May 2005

5)                 Advanced Income Capitalization Course 510, October 2003

6)                 Conservation Easements Seminar, May 2000

7)                 Federal Land Exchanges and Acquisitions, May 2001

8)                 Report Writing, ASA, February 1999

9)                 Highest and Best Use, A-29, August 1998

10)                 Eminent Domain A-25, August 1998

11)                 Advanced Appraisal Review, A-35, April 1997

12)             Basic Income Capitalization Course 310, April 1997

13)             Dairy Facility Appraisal Seminar, May 1996

14)             Residential Case Studies, October 1996

15)             Revisions to USPAP - Limited Appraisals, August 1994

16)             Uniform Agricultural Appraisal Report, A-22, October 1993

17)             Advanced Rural Appraisal, A-30, April 1993

18)             Principals of Rural Appraisal, A-20, August 1992

19)             Fundamentals of Rural Appraisal, A-10, July 1992

20)        Rural Real Estate Appraisal, Utah State University, Spring 1991

ACADEMIC BACKGROUND

1.      Bachelor of Science degree in Agricultural Business,
Utah State University, March 1992

2.      Bachelor of Science degree in Business Administration
Utah State University, March 1992

  COURT EXPERIENCE

            Have qualified and testified as an expert witness in District Court and various Farm Service Agency Appeal Hearings.

  PARTIAL LIST OF CLIENTS

            AEGON USA, US Bank, Wells Fargo Bank, DL Evans Bank, First Federal Savings Bank, Key Bank, Zions Bank, Farmers National Bank, RABO Agri-Finance, Bank of America, Idaho Department of Fish and Game, Idaho Department of Transportation, City of Boise, Idaho, First National Bank, Stewart Title Company, Farm Service Agency, Farm Credit Services, Shoshone/Bannock Tribes, Shoshone/Piute Tribes, The Nature Conservancy, Beta Seed, Incorporated, Northwest Nazarene College, Bureau of Reclamation, US Forest Service, Bureau of Land Management and numerous Attorneys at Law and private individuals.