Equipment appraisals for your business follow certain steps, whether for SBA loans, buying or selling, expansion, insurance coverage, or future strategic growth planning. Be prepared! From initial contact to finished report, this post lets you know what to expect and what to provide when having your equipment and machinery appraised by a qualified USPAP equipment appraiser. Read More
SBA Loan Appraisals: Machinery & Equipment
The recent passage of the Small Business Jobs Act (H.R. 5297) has galvanized the business loan market. A qualified ASA machinery and equipment appraiser discusses the importance of USPAP compliant equipment appraisals for both the lending institutions and the borrowers in light of bank auditors and examiners who will be inspecting SBA loan files. Read More
Review of Finders Keepers, A Tale of Archeological Plunder and Obsession, by Craig Childs
A book review of Craig Child’s new book, Finders Keepers, A Tale of Archeological Plunder and Obsession by a California equipment appraiser who grew up among artifacts in the mid-60s Phoenix, AZ, desert. Read More
Liquidation Values: Orderly or Forced?
Equipment appraisal values can vary widely, depending on the premise of value used. The difference between Forced Liquidation Value and Orderly Liquidation Value in particular can be wide, especially when speciality equipment or machinery is involved. Learn more with examples and explanations of why this is so. Read More
Qualified Appraisers, ASA & the IRS
An explanation of IRS standards for qualified appraisers, written by NorCal ASA president Bob Lentz, originally published in the Sept 2010 newletter for the NorCal ASA chapter. Read More
Sacramento Appraiser on Vacation: No Busman’s Holiday
Sacramento equipment appraiser shuts down his office to roam the Sierra high country for two weeks; pictures available on the NorCalValuation Picassa website. Read More
Equipment Appraisal and CARB Diesel Risk Reduction Plan
Equipment Appraiser discusses California Air Resources Board diesel regulation plans: the background, the current situation, and possible future implications, and what it all might mean today in equipment appraisals. Read More
Why You Need a Qualified Appraiser
Why your machinery and equipment appraiser must be an unbiased trained and knowledgeable professional who provides a report supporting an impartial opinion of value based on expert knowledge, adjusted comps and market research, in line with USPAP guidelines, ethics and appraisal procedures. Read More
Finding the Value of Restaurant Equipment
Restaurant appraisal: It’s about the equipment, not the location. A stainless steel prep station, for instance, has the same value whether it’s in a quick service drive-through, a full service linen-napkin restaurant, or a vinyl-boothed BBQ joint. And that value, these days, whether you’re looking at Orderly Liquidation Value or Fair Market Value in Continued Use, is remarkably low. Read More
Regional Appraiser: National Professional Community
How professional association resources expand resources of Sacramento equipment appraiser Read More
Appraisals for Insurance Purposes: Replacement & Reproduction Values
Appraisals for Insurance Reasons? Newly proposed updates to official Definitions of Values from the Machinery and Technical Specialities branch of the ASA include changes to the definitions of Reproduction Cost New & Replacement Cost New as they relate the the insurance industry. Please bear in mind as you read that none of these definitions have been officially accepted and some of the definitions are still being discussed. Read More
Proposed Update of Valuation Terms
American Society of Appraisers proposes new Definitions of Value as approved by the Machinery and Equipment Committee and American Society of Appraisers Board of Govenors. In particular, the Fair Market Value in Continued Use definition has been expanded to break out two different approaches to future earnings: Continued Use with Assumed Earnings v Continued Use with an Earning Analysis. Please bear in mind as you read that none of these definitions have been officially accepted and some of the definitions are still being discussed. Read More