Installation costs are one of the variables in equipment appraisal so let’s look at two valid reasons an equipment appraisal might not include installation values. The most obvious reason an equipment appraisal might not address installation costs is that a great variety of equipment doesn’t have any associated installation costs. Installation costs include freight, delivery,…Read More
Appraisals along the Central Coast
What was this equipment appraiser thankful for in November? I got to spend most of Thanksgiving week working in & enjoying California’s Central Coast, focused on an inspection of a manufacturing concern for tax estate purposes in the Salinas Valley area and one very long day of ASA meetings in Costa Mesa. The non-work related part?…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
The Bankruptcy Appraisal Process: 5 Steps to Saving Money
PART 1: 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 1 of 2 discusses details of preparing a thorough Asset Spreadsheet in an electronic program and providing complete Equipment Information, including reports needed for Speciality Equipment and Machinery. Carefully following these steps will provide you with the equipment appraisal you need with the least amount of cash outlay. 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
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
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
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
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
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
Jack Young Has Earned Accredited Senior Appraiser (ASA) Status
Northern California equipment appraiser accredited with international appraisal organization Read More