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
Important Definitions of Value for Machinery and Equipment
Premise of Value, aka Levels of Trade, is a critical aspect of Machinery and Equipment Appraisals. To help distinquish different premises of value for movable assets, the American Society of Appraisers provides definitions in the publication Valuing Machinery and Equipment, 2000. Read More
Valuing Volumetric Mixing Equipment
A quick overview of the history of cement trucks and the process of inspecting them for a qualified equipment appraisal. Read More
Jack Young Has Earned Accredited Senior Appraiser (ASA) Status
Northern California equipment appraiser accredited with international appraisal organization Read More
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