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Posts Tagged ‘Equipment Appraisals’

June 8, 2010 Common Misconceptions About What Auction Value Really Means

Although it may sound strange, there really isn’t a formal definition of auction value. It means: “The price that a particular property brings in open competitive bidding at a particular public auction.” The value for assets being sold at an auction will vary greatly depending on several key factors, such as the assets being sold, [...]

May 27, 2010 The Importance of an Unbiased Third-Party Opinion

To derive a proper opinion of value, no matter what the situation, getting an appraisal performed by an unbiased third party, such as a certified appraiser, is always the best course of action.  To be unbiased, the professional developing the opinion of value should not have any vested interest or participation in the opinion of [...]

June 16, 2009 The Appraisal Foundation Announces 2010-2011 Edition of USPAP

On June 9, 2009, The Appraisal Foundation, a congressionally authorized nonprofit organization that fosters professionalism among appraisers by setting qualifications and standards, announced that its Appraisal Standards Board (ASB) adopted revisions for the 2010-2011 edition of the Uniform Standards of Professional Appraisal Practice (USPAP). USPAP are the generally accepted performance and ethical standards for the [...]

May 5, 2009 Navigating Crucial Business Decisions in a Down Economy

In a down market, business owners tend to do one of three things: they close their doors, sit tight and ride out the storm, or capitalize on the opportunity. “One of the most important and most complex decisions that business owners have to make right now is whether to grow or retract in this economy,” [...]

February 20, 2009 Present Value Introduction Video!

Watch Present Value’s Introduction video.  PLAY VIDEO! By Present Value LLC

February 19, 2009 How Much Does a Machinery & Equipment Appraisal Cost?

At Present Value LLC we typically quote our fee based on the amount of capital items that will be appraised. A capital item is a item that had an original cost basis of $2,000 to $2,500 or more. It is done this way as these items are typically the ones with the most amount of value. [...]

Machinery & Equipment Appraisal Report Types!

SUMMARY APPRAISAL REPORT A summary appraisal report is typically utilized for estimating the value of machinery and equipment. On-site inspection details are included in the appraisal report. This USPAP compliant report expresses value as a single figure for each tangible asset valued and the aggregate is reported as a single number. DESKTOP APPRAISAL REPORT A [...]