“Perfection is not attainable, but if we chase perfection, we can catch excellence.”
– Vince Lombardi
Who We Are
Collateral Evaluation Services (CES) provides a full suite of appraisal management services for financial institutions, property owners and real estate professionals.
Your Virtual Appraisal Department™
For more than a decade, CES has been providing appraisal management services for almost 200 national, regional and community banks; credit unions; as well as other property management professionals. We provide world class service with a team of experienced, licensed professionals and state-of-the-art technology to ensure the highest level of due diligence and client success.
Our comprehensive suite of best-in-class appraisal management services includes:
- Commercial Real Estate Appraisals
- Residential Real Estate Appraisals
- Real Estate Evaluations
- Business Valuations
- Environmental Site Assessments
- Property Inspections
As “Your Virtual Appraisal Department™” CES is committed to earning your trust by providing you the highest quality due diligence – ultimately strengthening your portfolio and saving your most valuable resources, time and money.
A Team With Over 100 Years Behind Us
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Our Services
QUALITY SETS US APART
Commercial Appraisals
Residential Appraisals
Vendor Panels
Commercial
Residential
Business Valuations
Commercial
Residential
Bank Owned Assets
Real Estate Portfolios
Gov’t Records Review
Phase I
Phase II
Phase III
Loan Underwriting
Property Inspections
Flood Determination
Others
Blog
EXPLORE OUR LATEST POSTS AND WHAT’S INTERESTING TO US.
August 2020
Is Your Bank Double Counting Cash Flow?
CES sees a lot of SBA involvement on many appraisal requests lately. SBA can be an excellent support to banks from a risk management perspective, but there are issues unforeseen by SBA and most bankers for even relatively small transactions. Furthermore, most of the points made in this brief article are applicable too many non-SBA transactions.
July 2019
Everything you need to know about the CRE $500,000 Evaluation Threshold
After a long period of deliberation during 2017, The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency issued the final rule that increases the threshold for commercial real estate transactions requiring an appraisal from $250,000 to $500,000.
Testimonials
Jim Johnson
Executive Vice President, Lending and Credit Administration
Larry Woodall, CEO & Chief Appraiser
CES
590 Colonial Park Drive
Rowell, GA 30075
Dear Larry,
It is my pleasure to provide the letter of reference to you to use at your discretion.
First Bank has assets of over $400 million with a loan portfolio exceeding $315 million. Over the past four to five years we’ve experienced significant growth in real estate secured lending. Today over 80% of our loan portfolio is secured by real estate of one type or another. This concentration forced us to evaluate our complete appraisal process. What we found was that internally, we lacked the expertise to comply with regulatory requirements.
For this reason, last fall we began an extensive search for a 3rd party solution that would not only give us separation from the appraisal process, but also provide the level of appraisal review expertise that we needed. That search resulted in us selecting ECS as our 3rd party appraisal manager in the spring of this year. We chose CES because they could provide a full slate of valuation services, they adopted our approved appraiser list in total, and we recognized the value of the staff’s appraisal experience.
Prior to initiating the new process, Larry Woodall personally flew to Texas to meet our lenders and our appraisers, ensuring that question were answered and concerns addressed. Still, there was , and to a lesser extent still is, pushback from both the lenders and the appraisers. Change can sometime be difficult. Larry and the others at CES have been great to talk through these issues and work with us to find a resolution.
I feel that we are now in a much more confident position when lending into the industry, and in a much better position defending these decisions when examined by our regulators. We do not regret our decision to partner with CES.
Sincerely,
Jim Johnson
Executive Vice President, Lending and Credit Administration
Robyn Stevens
Executive Vice President, Chief Credit Officer
November 201, 2018
To whom it may concern,
I am writing you today to recommend the services of Collateral Evaluation Services (CES).
Peoples Bank has been using CES for appraisal management services for nearly seven years, and we have always been completely satisfied with their performance. They are thorough, timely, and always very responsive to our questions. In addition, CES provides sound advice we can rely on to ensure compliance with regulatory guidance.
During a recent due diligence project, I engaged CES to provide evaluations for eight bank branches to be acquired. With very short notice and limited information, CES provided a thorough report in under 4 days. Their ability to quickly turn this request allowed us to make an informed decision and meet our requested deadline.
I’m happy to recommend the servides of CES. If you have any quesitons, please feel free to contact me.
Sincerely,
Robyn Stevens
Executive Vice President, Chief Credit Officer
Peoples Bank
Marietta OH
(740)376-7282
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