We are Merit Real Estate Analysis
EDUCATION AND BACKGROUND

    MERIT REAL ESTATE ANALYSIS
    January 1990 to Present
    President
      
    RE/MAX Advantage Realty
    Columbia, MD
    Salesperson
    Commercial and residential real estate sales

    Lipman Frizzell and Mitchell (1/84 to 12/89)
    Donald V. Urquhart and Associates, Ltd. (6/80 to 12/83)
           
    University of Maryland
    College Park, Maryland
    Bachelor of Science - Business Administration / Marketing

           
    BACKGROUND/AREAS OF CONCENTRATION

           President of the firm, and head of the appraisal function, Elizabeth's qualifications
    include over sixteen years of experience in property valuation in the
    Washington/Baltimore area.  Areas of expertise include a broad range of property types,
    involving market studies, feasibility analysis, property valuation, and
    condemnation/litigation work.  Qualified as an expert witness in federal court.
Merit Real Estate Analysis
Elizabeth W. (Betty) Vandermause
Daniel C. (Dan) Vandermause
EDUCATION AND BACKGROUND


    MERIT REAL ESTATE ANALYSIS
    Real Estate Analysis and Appraisals
    March, 1990 to Present
    Vice President

    Murphy Commercial Real Estate Services
    Annapolis, MD
    December 2001 to Present - Salesperson

    RE/MAX Advantage Realty
    Columbia, MD
    January 2004 to October 2007 - Salesperson

    Commercial and residential real estate sales, with two brokers

    CSX Transportation
    June, 1983 to March, 1990

    Norfolk Southern Corporation
    May, 1974 to June, 1983

    University of Maryland
    College Park, Maryland
    Graduated with High Honors 1974
    Bachelor of Science, Transportation/Marketing

LICENSES/AFFILIATIONS

            Licensed Appraiser – State of Maryland

            Licensed Appraiser – District of Columbia

            Appraisal Institute – Associate Member

            Maryland Association of Appraisers - Member
Merit Real Estate Analysis
2409 Hannon Court
Ellicott City, Maryland 21042
410-465-9171