SCOPE AND TYPES OF APPRAISALS
We provide professional valuation based on your specific requirement - full plant or individual machine appraisal or desktop opinion - all in conformity in all respects to the Code of Ethics and
Standards and Procedures of Professional Appraisal Practice of the Association of Machinery and Equipment Appraisers.
For the Complete Plant or individual Machinery Appraisals, our scope of work includes personal site or plant visit, inspection of the machinery's appearance and condition, review of documentation and history of the equipment, interview with corporate and plant management, extensive product research and value determination. Depending on the intended use of the appraisal, it may include Market Values, Orderly or Forced Liquidation Values, or New Replacement Values of the machines being appraised.
Our Desktop Opinion represents a professional opinion of the appropriately defined value, expressed in terms of currency to be realized by the sale of assets, in which the opinion is generated from lists and/or other informational materials supplied to the appraiser and evaluated without the benefit of an actual on site inspection. This opinion is not recommended for use in credit decisions. A desktop opinion should be used to determine the need for an appraisal or the scope of an appraisal. |