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Member Bio

Eric V. Engstrom, ASA

 

Email: rick@prowestappraisal.com

Website: www.prowestappraisal.com
Contact Information:
1058 21st Street
San Diego, CA 92102
View address on a map

1 (858) 571-0750


Appraiser Profile:

CURRICULA VITAE – APPRAISER QUALIFICATIONS

Eric V. Engstrom, ASA, SR/WA

Certified General Appraiser

Phone & Fax: 888-212-1888                           www.prowestappraisal.com

PROFESSIONAL ACTIVITY

1992 to Present      General Partner      ProWest Appraisal, San Diego, CA

           

Independent fee appraiser providing real estate related appraisal and consulting services for a wide range of residential and income properties located throughout California, Arizona and Nevada. Services include real estate appraisal & consulting, eminent domain, easements, appraisal review, portfolio and foreclosure analysis and fraudulent report consulting. Expert witness in Riverside, San Bernardino, San Diego, San Francisco County Courts and Federal Bankruptcy Court. Clientele is from both the public and private sectors.

 

1984 to 1992    Regional Appraisal Manager      Great Western Bank, San Diego, CA

           

Supervised and completed assignments for the Major Loan Department in Southern California. Properties included major commercial, industrial and residential projects, both proposed and existing in California, Arizona, Nevada, Texas and Florida.

 

1982 to 1984    Staff Appraiser    Home Savings of America, San Diego, CA

           

Performed single family residential and residential income property appraisals in San Diego County. Many of the assignments included upper-end, high value homes, both existing and proposed.

 

1976 to 1981  – Staff Appraiser/Director of Marketing    Hemet Federal Savings, Hemet, CA

           

Supervised the appraisal operation in the Riverside Metropolitan area. Performed construction inspections for on-going construction projects, both residential and commercial projects. Promoted to Director of Marketing with responsibility of managing the business development, branch location, marketing and advertising for the company.

 

TYPES OF PROPERTY APPRAISED

 

Commercial     General commercial and retail buildings, small retail strip centers, neighborhood shopping centers, small retail malls, professional office buildings, and medical office buildings, single or multi-tenant occupancy.

Industrial         Industrial buildings, research & development buildings, cross-dock truck terminals, warehouses, small factories/assemblage plants, manufacturing centers, and self-storage facilities.

Acreage           All types of commercial, industrial, residential including farm land, orchards, groves, ranches, and special use properties.

Residential       Single & multi-family units, apartments, condominiums, condo conversions, planned unit developments, subdivisions, all existing or proposed construction.

Special Use      Automotive repair, full and self-service car washes, assisted living facilities, convalescent hospitals, churches, banks, restaurants, motels, hotels, mobile home parks, schools, radio stations, transmission antenna sites, public use buildings, etc.


CLIENTS

Financial Institutions-Loan and Trust Departments

Corporations-To estimate market value, economic rent, asset management, lease analysis

Attorneys-For litigation, tax and estate purposes

Individuals-To estimate market value, sale or asking prices and asset management

Public Sector/Government-Eminent domain, easements, purchase and asset management

 

APPRAISAL COURSES AND SEMINARS (partial list)

American Society of Appraisers

            Uniform Standards of Professional Appraisal, San Diego, CA

          Environmental Risk Problems, Los Angeles, CA

Appraisal Institute(formally AIREA)

            Business Practices & Ethics, San Diego, CA

          Appraising HUD/FHA Residential Properties, Escondido, CA

          FIRREA Update, Garden Grove, CA

            Appraisal Regulations of Federal Banking Agencies, San Diego, CA

            Hotel/Motel Valuation, San Diego CA

          The Appraiser & Regulation R41c, San Diego, CA

              Course 530: Advanced Sales Comparison & Cost Approach, Arcadia, CA    

Standards of Professional Practice, Part A, Van Nuys, CA

            Standards of Professional Practice, Part B, San Diego, CA

Society of Real Estate Appraisers (now known as Appraisal Institute)

          Course 202: Applied Income Valuation, Arizona State University, Tempe, AZ

            Course 201: Principles of Income Property, Univ. of San Francisco, San Francisco, CA

          Course 102: Applied Residential Property Valuation, S.D.S.U., San Diego, CA

            Course 101: Introduction of Appraising, S.D.S.U., San Diego, CA

International Right of Way Association

Course 100: Principles of Land Acquisition, San Diego, CA

Course 103: Ethics & the Right of Way Profession, Tempe, AZ

            Course 400: Principles of Real Estate Appraisal, Alhambra, CA

Course 403: Easement Valuation, Orange, CA

Course 800: Principles of Real Estate Law, San Diego, CA

            Course 900: Principles of Real Estate Engineering, San Diego, CA

            Course 901: Engineering Plan Development & Applications, San Diego, CA

PROFESSIONAL MEMBERSHIPS AND LICENSES

          Certified General Real Estate Appraiser #AG002839, California O.R.E.A.

            Class B1, General Building Contractor #604145, Cal. State License Board

          Accredited Senior Appraiser (ASA), #40264, American Society of Appraisers

            Designated Member (SR/WA), #5772, International Right of Way Association

Associate Member #112388, Appraisal Institute

Associate Member, San Diego County Bar Association

Member, Forensic Expert Witness Association

Member, Forensic Consultants Association


EDUCATION

B.A., Business Admn./Marketing, California State University, San Bernardino, CA

A.A., Business Admn./Real Estate, Riverside Community College, Riverside, CA