Choose an equipment appraiser who will make bankruptcy filing easier, not more difficult. Be sure that the equipment and machinery appraiser providing the bankruptcy appraisal is qualified, experienced, and approved by your Bankruptcy Attorney. Read More
Before Getting a Bankruptcy Appraisal, Obtain Legal Assistance
Considering bankruptcy? Before calling an equipment appraiser for an appraisal of your business assets and equipment for bankruptcy purposes, call a bankruptcy attorney. Good legal advice can save business owners costly mistakes in the bankruptcy process, including the possibility of disqualification. With your attorney’s help, you can decide if filing for bankruptcy is the best option for your business and determine the steps along the way, including a qualified equipment appraisal of your business assets. Read More
Collector Car Appraisals for Remote Purchases
If you are buying an automobile from a remote location and you need to have someone take a look at it to be sure the paint job is flawless, the chrome is spotless, the upholstery is properly rolled and tucked, there isn’t a quarter panel from China, and the windows are whole, you probably don’t really need a USPAP automobile appraiser. I suggest that you save your money and put in a call to the premier automotive repair guy in the neighborhood where your possible purchase is located. Read More
ASA Education in SF: Les Miles, ME207, Advanced Cost Approach, June 16-18
Les H. Miles, Jr., FASA, CEA, FAPI, will teach a 3-day seminar–ME 207, Advanced Cost Approach–in San Francisco this June, 16-18. This is an important seminar not only for machinery & equipment appraisers, but for anyone interested in using or understanding the theory and practice of advanced cost approach in appraising: appraisers, of course, in any specialty area, but also realtors, loan officers, attorneys, bankers and CPAs. Read More
Appraising Commercial Trailers in a Demanding Market
What influences high values in used equipment? Northern California Ag equipment appraiser suspects increased demand and finds that yes, a surge in orders for new agricultural transport trailers correlates with increased value for used trailers in the Sacramento Valley and further afield. Read More
What’s Your Equipment Worth?
How does a qualified equipment appraiser determine the value of the equipment on your farm, manufacturing facility, restaurant, recreational center, or production shop? Three approaches to value can be used in equipment appraisal–sales comparison, cost, and income; deciding which is most appropriate for your equipment is one of the equipment appraiser’s important determinations whether appraising agricultural equipment, construction equipment, production or recreational use equipment or other business assets. Read More
The Role of Levels of Trade in Appraisals
Equipment appraisals for different reasons may yield different bottom-line values, depending on the level of trade used by your equipment appraiser. USPAP regulations require that an appraisal report “identify the type and definition of value.” Learn more about it! Read More
Valuing Specialty Equipment: Cost Approach
While equipment appraisal generally depends on Sales Comparison approach, researching an opinion of value takes an interesting turn when we appraise out-of-the-ordinary farm and manufacturing equipment. A California ASA explains the challenges and satisfaction of valuing one-of-a-kind, custom-designed & -built, just-for-our-shop/farm/assembly line creations using the Cost Approach.
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Selected Equipment & Machinery Photos, 2010
Selected equipment & machinery photos from 2010 appraisals, mostly in the Northern California area Read More
Super Truck Appraisals
Equipment appraisal of “Working Class”–an award-winning customized Peterbilt 359 featured in series 10 of Super Truck limited edition CAT scale collector cards–opens up a new world of trucks for Sacramento machinery and equipment appraiser Jack Young, ASA, CPA. Featuring videos of Colin Stuart’s “Working Class” from YouTube and a link to Stuart’s printing systems transportation business Offset Service Corp. Read More
Canadian Equipment & Machinery Appraisals
Adoption of International Financial Reporting Standards in Canada raises equipment appraisal hopes in ASA Equipment and Machinery Appraiser based in Sacramento Valley/San Francisco Bay area. He’s making plans for possible trips to Vancouver, Victoria, Calgary, Edmonton or Regina to provide Summary Appraisal Reports to corporations and their CPA firms. Read More
What to Expect During an Equipment Appraisal
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