ABOUT OUR APPRAISALS
Our appraiser is competent, ethical and dedicated to upholding the highest professional standards. He is involved in the marketplace daily, actively buying, selling and appraising machinery and equipment, and can provide you with the best method of valuation to fit your appraisal needs.
ORDERLY LIQUIDATION VALUE APPRAISAL
An opinion of the expected gross dollar amount to be realized at an orderly negotiated sale held within a reasonable period of time as of the date of the appraisal.
FAIR MARKET VALUE APPRAISAL
An opinion of the gross dollar amount to be realized between a willing buyer and a willing seller, in the open market, assuming that neither party is under compulsion to buy or sell, and both are fully aware of all relevant facts as of the date of the appraisal.
IN-PLACE VALUE APPRAISAL
An opinion of the Fair Market Value which is the gross dollar amount to be realized between a willing buyer and a willing seller, in the open market, assuming that neither party is under compulsion to buy or sell, both are fully aware of all relevant facts, as installed for intended utilization as of the date of the appraisal.
NEW REPLACEMENT COST VALUE APPRAISAL
An opinion of the amount it would cost, F.0.B. the new manufacturer's plant, to purchase a new item of like quality and specifications in the open marketplace. When such an item is unavailable in the marketplace, the appraiser should use his or her best judgment in estimating a value as of the date of the appraisal.
AUCTION VALUE APPRAISAL
An opinion of the expected gross dollar amount to be realized at a professionally conducted and promoted public auction sale as of the date of the appraisal.