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OVERVIEW

Stephen LaFalce, SCRREA, is the Principal and Chief Appraiser at SL Appraisal Group, bringing over a decade of experience in residential appraisal. His expertise encompasses a broad range of property types, including developmental sites, single-family homes, and multi-family residences.

Mr. LaFalce provides expert market studies, consulting, and review services for a diverse clientele, including government agencies, financial institutions, attorneys, investors, and developers. He specializes in handling complex transactions, including estate trusts and divorce settlements, supported by his thorough knowledge of Internal Revenue Service (IRS) regulations and guidelines.

His recognized expertise has resulted in court appointments in the Ocean and Mercer County Superior Court Family Divisions. Mr. LaFalce authored appraisal guidelines and standard operating procedures for the recently approved $3.5 million partnership between the New Jersey Department of Environmental Protection (NJDEP) and the United States Department of Agriculture (USDA).

PROFESSIONAL EDUCATION

  • NJ Appraisal Law and Regulations

  • Basic Appraisal Principles

  • Basic Appraisal Procedures

  • Statistics, Modeling and Finance

  • The FHA Handbook 4000.1

  • Report Writing and Case Studies

  • Appraisal of REO and Foreclosure

  • Market Analysis & Highest & Best Use

  • Site Valuation and Cost Approach

  • Non-Lending Appraisal Assignments

  • FHA Appraisal Standards

  • USPAP 2024-2025

  • Adv. Applications & Case Studies

  • Sales Comparison Approach

  • Income Approach

  • Adv. Applications & Case Studies

  • Sales Comparison Approach

  • Income Approach

  • FHA Appraisal Standards

  • USPAP 2024-2025

PROFESSIONAL EXPERIENCE

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Principal, Chief Appraiser
SL Appraisal Group
2020 - Present

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Senior Appraiser
Meehan Valuation
2019 - 2020

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Compliance and Process
New Jersey Department of
Environmental Protection
2023 - Present

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Associate Appraiser
Jersey Appraisal Services
2015 - 2019

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