An equipment appraisal is a professional assessment of the value of a piece of machinery or equipment. Typically, a qualified appraiser performs an appraisal who has experience in the industry and knowledge of the equipment. This blog post reviews the critical information needed for an equipment appraisal and tips for getting an accurate appraisal.
When it comes to valuing and appraising machinery for your business, it's crucial to rely on the expertise of a professional machinery appraiser. Whether you're considering selling your equipment, acquiring new machinery, or needing accurate valuations for insurance or financial reporting purposes, a competent machinery appraiser can provide insights. However, with numerous appraisers claiming expertise
Equipment Appraisals for Divorce Litigation Purposes Business assets are treated much the same way as personal assets when going through a divorce. An equipment appraisal will be necessary to determine the fair market value of the equipment. When dividing assets, there needs to be a method for determining what value you are dividing with your
Machinery and Equipment appraisals are becoming a common request from banks and lenders that are currently lending in today’s environment. Having been burnt by the bubble of real estate assets and the loss of value that have caused the worth on their books to shrink, lenders have started to see the benefit of getting a
