Appraisal Institute PRINT
M E M B E R    P R O F I L E

Michael F. Kurschat, MAI
Kurschat & Company
2075 W. Big Beaver, Ste. 222
Troy, MI 48084
(248) 816-9166
Fax: (248) 816-9167
Continuing Education Program Completed
Standards & Ethics Education Completed
Accepts Fee Assignments

Primary Market Area
Southeastern Michigan, including Oakland, Macomb, Lapeer, St Clair, and Wayne Counties.

Secondary Market Area
Livingston, Washtenaw, Monroe, and Genesee Counties.

Primary Practice Focus
I am a valuation consultant available for a variety of purposes. I commonly serve for mortgage, dispute resolution, litigation, litigation support, condemnation, and tax planning. I also specialize in gas station valuations.

Business Services
Absorption Studies [View Experience Details ] Appraisal  Appraisal Review  Business Valuation and Consulting  Consulting  Demand Analysis  Demographic Analysis  Development Valuation and Consultation  Easement Analysis  Education  Eminent Domain Valuation and Consulting  Environmental Valuation and Consulting  Feasibility Studies  Foreclosure / REO  Highest and Best Use Studies  Litigation / Litigation Support  Market Analysis  Mediation, Arbitration, Dispute Resolution  Mortgage Lending Consulting  Real Estate Tax Valuation and Consulting  Risk Analysis  Sensitivity Analysis  Gas Station Valuation and Analysis 

Mortgage Lending Consulting
I have performed "Mortgage Lending Consulting" business service within the last 5 years.
I have knowledge on "Mortgage Lending Consulting" business service.
I represent and warrant that I will disclose any lack of "Mortgage Lending Consulting" business service knowledge and/or experience to the client before accepting any assignment in accordance with USPAP’s Acquiring Competency Rule.
It's what I do.

Property Types
  Mixed Use (Residential / Commercial) [View Experience Details ] Mobile Home Park  Multi-family (5+ units)  Subdivision Development 
  Acreage (Non-Residential) [View Experience Details ] Acreage (Residential)  Land, Rural  Land, Transitional  Land, Urban  Subdivided Land / Lot (Non-Residential)  Subdivided Land / Lot (Residential)  Subdivision (Commercial, Industrial, etc)  Subdivision (Residential)  Wetland, Swamp, Marsh 
  Assisted Living / Skilled Care Facility / Nursing Home [View Experience Details ] Automobile Dealership  Banquet / Reception Hall  Branch Bank / Financial Building  Condominium (Office / Retail / Etc.)  Convenience Store / Service station  Day Care  Dry Cleaner  Funeral Home / Mortuary Mausoleum / Cemetery / Crematory  Medical Facility / Clinic  Motel  Office Building (High Rise, over three stories)  Office Building (Low Rise, three stories or less)  Restaurant / Bar / Night Club / Micro Brewery  Retail (Single Tenant or Free Standing)  Self Storage  Shopping Center (Local, Strip, Neighborhood, Community, Etc.)  Shopping Center (Power Center, Outlet Center, Lifestyle, Etc.)  Shopping Center (Super Regional, Regional Mall) 

Condominium (Office / Retail / Etc.)
I have performed an appraisal on "Condominium (Office / Retail / Etc.)" property type within the last 5 years.
I have knowledge on how to appraise "Condominium (Office / Retail / Etc.)" property type.
I represent and warrant that I will disclose any lack of "Condominium (Office / Retail / Etc.)" property type knowledge and/or experience to the client before accepting any assignment in accordance with USPAP’s Acquiring Competency Rule.
  Industrial (Heavy (Manufacturing) [View Experience Details ] Industrial (Small Office Warehouse / Mfg.)  Industrial Light (Distribution, Storage)  Research and Development Lab / Hi-Tech / Bioengineering  Truck Terminal / Hub / Transit Facility  Underground Storage  Multi-tenant Industrial Buildings 
  Recreation and Park [View Experience Details ] Religious Facility 
  Health and Fitness Club [View Experience Details ] Private Club 
  Grain Elevator [View Experience Details ]
   Special Purpose
  Car Wash [View Experience Details ] Conservation Easement  Historical Property  Mixed Use  Outdoor Sign  Private Educational Institution  Right-of Way / Corridor Valuation (Pipeline / Rail Road / Fiber Optic, Etc.)  Tower (Antenna, etc)  Utilities (Public and Private)  Gas Stations 
   Ownership Forms
  Fee Simple Interest Ground Lease Leased Fee Interest Leasehold Interest
   SBA Going Concern Appraisals
  Bowling alleys [View Experience Details ] Car wash properties  Funeral homes with crematoriums  Gas stations  Hotels, motels, and other lodging facilities  Nursing homes, including assisted living facilities  Service centers (e.g., oil and lube, brake or transmission centers) with pits and in ground lifts  Sports arenas  Tennis clubs 
Other Professional Affiliations/Designations
American Society of Appraisers (ASA)
International Right of Way Association (IRWA)
National Association of Realtors (NAR)

Formal Education
Master of Science in Finance, Concentration in Financial Planning, Walsh College, Troy, MI, 1990, with Distinction.

Bachelor of Business Administration, Walsh College, 1996.