Tag: Equipment Appraisal 101 Book

What Is Inside An Equipment Appraisal Report

What Should Be Inside The Report The Report – Our report is USPAP compliant and an average appraisal will have the following included sections: Summary Of Facts Scope of Work Degree To Which The Property Is Inspected Or Identified Extent Of Research Into The Physical Or Economic Factors That Could Affect The Property Extent Of

Equipment Appraisal Arbitration

Save Money & Frustration On Your Equipment Appraisal Arbitration... Arbitration, a form of alternative dispute resolution (ADR), is a legal technique for the resolution of disputes outside the courts, where the parties to a dispute refer it to one or more persons (the "arbitrators", "arbiters" or "arbitral tribunal"), by whose decision (the "award") they agree

How long does an Equipment Appraisal Take

How long does an Equipment Appraisal Take? Or Answer: What Appraisers Do Next / Time Expectations Again, this part varies by Appraisal Company, but let’s take a dive into our company process as an example: Compiling the data – Once we have all the data either through a site visit or from our form being

Equipment Appraisal Site Visit

The Equipment Appraisal On-Site Visit You have now engaged the appraiser, and they are on their way to do a site visit. What do you do now? Don’t Panic! It will be ok; at this point, you have done everything to make sure the visit goes as smoothly as possible. Have a Plan: Know who

Preparing for the Equipment Appraisal

Preparing for the equipment Appraisal / Information: Note: This is your option - Obviously dirty, rough looking machinery will bring a potentially lower value. We just wanted you to have all the info in case you ever wanted to get an appraisal that needs higher values. And a good equipment appraiser will see past it

Prepare for an Equipment Appraisal

How do I Prepare for an Equipment Appraisal? Our Answer: Preparing the Asset List The first part of any machinery appraisal is making sure your asset / machinery list is up-to-date and as complete as possible. Many times we see this list several years outdated and with vague references to the equipment, this often leads