Rice harvest is underway! As usual, there’s concern about the weather, but harvest started last month with the early maturing varieties and will continue right into November. It’s fun to see all the videos of rice harvesting rolling onto the internet. Most of those videos are from the Sacramento Valley, where most of the rice…Read More
The Value of Construction Equipment is on the Rise
Construction equipment appraisals are a staple in our business, so I was interested to run across an article in the September issue of MonitorDaily reporting that values of used construction equipment have been on the rise for most of this year. This corresponds with what I’ve been noticing in values for construction equipment appraisals this…Read More
Many San Francisco Companies Need Appraisal Services
It’s true that there’s not a lot of farming equipment in downtown San Francisco, but that doesn’t mean that San Francisco is an equipment-free area! Look around next time you’re in the Bay Area & notice the plethora of construction equipment, for example. More than a few of the companies involved in building & rebuilding…Read More
Tax Appeals, Family Law, and Other Reasons to Get an Appraisal
Reasons for equipment appraisals are varied and multiple, as we discover each time we answer the phone here at our equipment appraisal office in the Sacramento Valley. Will the appraisal be used in a Redding trucking company’s attempt to settle a loss claim with an insurance company, to resolve a family law matter concerning a…Read More
Appraising Vintage Aircraft: Aeronca Champs & Stinsons
I’ve always loved planes. Doesn’t everybody? Oh sure, I have a special affection because my father was an aviation engineer who used to take me up to the cockpit to meet the pilots in the good ol’ days when flying was still an adventure and a luxury. And in my mom’s family, my favorite uncle…Read More
From Roger Durkin Esq. ASA, RE: The U. S. S. Constitution (Old Ironsides)
As a combat vessel, carried 48,600 gallons of fresh water for her crew of 475 officers and men. This was sufficient to last six months of sustained operations at sea. She carried no evaporators (i.e. fresh water distillers). However, let it be noted that, according to her ship’s log,”On July 27, 1798, the U.S.S. Constitution…Read More
The Difference Between Value and Price
The purpose of an equipment appraisal drives the definition of value. For instance, when a Sacramento bank requests an appraisal of heavy equipment owned by a construction business in West Sacramento for the purposes of a collateral loan, we are likely to use Orderly Liquidation Value because that would give the lender the most accurate…Read More
The Central Coast Supports an Amazing Number of Agricultural Operations
Equipment Appraiser extolls the beauty and industry of agriculture in California’s Central Coast, including the counties of Santa Cruz, Santa Clara, Monterey, San Luis Obispo, Santa Barbara and Ventura, perhaps one of the most highly mechanized agricultural areas in the world. Read More
Appraisal Seminar with Les Miles
San Francisco ASA chapter offers important appraisal seminar on Advanced Cost Approach with Les Miles in mid-June. Read more about the seminar offering, instructor Les Miles, and why this seminar is important for appraisers in all areas as well as accountants for understanding appraisal applications; attorneys questioning expert witnesses who speak to such use of the cost approach; tax consultants & taxing authorities needing to make applications for presentations to the various taxing authorities or considering whether hiring an appraiser is worthwhile; bankers and asset-based lenders assessing outside appraisers; and anyone needing to contract appraisals or make their own value estimates. Read More
American Society of Appraisers Election Results
American Society of Appraisers members elect new slate of officials. Locally, Sacramento Equipment Appraiser Jack Young elected to Vice-president of ASA NorCal chapter. Read More
Appraisal USPAP Course with Roger Durkin, J.D., ASA
Equipment Appraisers gathered in San Francisco for USPAP accreditation class with with Roger Durkin, J.D., M.S., ASA, sponsored by American Society of Appraisers, NorCal Chapter in San Francisco. Read More
The Bankruptcy Appraisal Process: 5 Steps to Saving Money – Part 2
PART 2: Cut costs on your equipment appraisals with these 5 simple steps from Northern California ASA Equipment & Machinery Appraiser, whatever your business: agriculture, manufacturing, construction or excavation, recreation, heavy equipment, rolling stock or shop production. This Part 2 of 2 discusses details of providing useful equipment photographs, planning an efficient on-site inspection, and working with a qualified, accredited equipment and machinery appraiser. Following these steps will provide you with the equipment appraisal you need for the least amount of cash outlay. Read More
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