QUALIFICATIONS AND EXPERIENCE
WM. PAUL SCRUGGS
PRIMARY EXPERIENCE
Wm. Scruggs & Associates, April 2004, to Present
Preparation of Commercial and Residential Appraisals
Maloy and Company, Inc. April 1998 to April 2004 - Independent Contractor
Senior Real Estate Appraiser and Consultant
Preparation of Commercial and Residential Appraisals
Scruggs Appraisal Service - January 1989 to April 1998
Preparation of Residential and Commercial Appraisal Reports
RELATED EXPERIENCE
Wm. Scruggs & Associates - July 1979 to September 1995
Involved in the sales and operations of a general Real Estate Company
Haydock, Maddox, & Scruggs - November 1984 to 1987, General Securities Firm -
Responsible for the day to day operations as Financial/Operations Officer over 11 people. Further responsibilities of reporting to NASD and other regulatory bodies.
REAL ESTATE EDUCATION
Certified General Real Property Appraiser
Alabama Real Estate Appraisers Board
Certificate Number G00745 Expiration Date September 30, 2011
Certified General Real Property Appraiser
Georgia Real Estate Appraisers Board
Certificate Number 339420 Expiration Date: October 30, 2010
Associate Member - Appraisal Institute
NAIFA 4.7 Residential HUD Appraisal Requirements, Completed 1994.
AIREA Course Part B - Capitalization Theory and Techniques
Completed Course January 1988
AIREA Course Part A - Capitalization Theory and Techniques
Completed Course January 1988
AIREA Course 1A-2, Basic Valuation Procedures, Completed July 1988
AIREA Course 1A-1, Real Estate Appraisal Principles, Completed October 1987
AIREA Course 8-2, Residential Valuation, Completed October 1987
Alabama Real Estate Sales License, July 1979
CONTINUING EDUCATION AND SEMINARS
Appraising Distressed Commercial Real Estate - Appraisal Institute - 2009
Introduction fo valuing Commercial Green Buildings - Appraisal Institute - 2009
Retail Shopping Centers – Appraisal Institute – 2001
Appraisal of Convenience Stores – Appraisal Institute – July 2004
Other continuing education from various locations for license renewal
OTHER EDUCATION
NASD Series 27 - Financial and Operations Principal for a securities firm.
NASD Series 39 - Principal license for a DPP Securities firm.
NASD Series 22 - Register sales representative for a DPP Securities firm.
NASD Series 63 - Blue Sky Laws.
CI 101 - Study of Commercial real estate techniques
Samford University, BA 1984 (Business)
PROPERTY TYPES APPRAISED
Automobile Dealerships Small to Large Apartment Complexes
Convenience Stores Office (Single and Multi Tenant)
Retail (Single and Multi Tenant) Restaurants
Medical Office Houses of Worship
Industrial Vacant Land
Special Purpose Residential
CLIENTS
Major Lending Institutions whom appraisal reports have been prepared for.
BankTrust Compass Bank
BB&T Covenant Bank
First Commercial Bank First National Bank of Shelby County
First United Securities Bank First American Bank
Marrion Bank Regions Bank
Wachovia Union State Bank
Servis First Porter Capital and Porter Bridge Loan
South Point Bank Superior Bank
Zions First National Bank Coastal Bank and Trust
In addition to the above lenders, appraisal reports have been prepared for the following:
City of Birmingham
City of Vestavia Hills
Spain Gillion Law Practice
Colonial Properties Trust
Harbert Management