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OUR SPECIALTIES:
Computers and High-Tech Personal Property - Our
specialists appraise all types of computers, from small personal computers
to the largest mainframes, and all of the related components, including tape
and disk drives and printers. They appraise complex electronic equipment
including everything from large telephone switching systems to
oscilloscopes, from medical and dental equipment to small hand-held
instruments to X-ray machines and CAT scanners.
Machinery and Equipment (M&E) - Appraisers in
this specialty are professionally qualified to evaluate all types of
industrial properties; machine shops; refineries; hospitals; communications
facilities; transportation equipment; process facilities; construction
equipment; office machines, such as computers, copiers and word processors;
as well as the entire contents of buildings. The M&E appraiser provides
estimates of fair market value, fair market value in use and valuation for
Ad Val Orem tax purposes. Additionally, equipment analysis for future and
residual values is fast becoming one of the more common assignments for
today's M&E appraiser.
APPRAISAL TYPES:
Fair Market Value: is defined as a price at
which a "willing buyer and a willing seller" would agree to complete a sale.
Fair market value is used for estate tax, estate planning, marital division,
charitable contribution or other informational purposes.
Replacement Value: is what it would cost to
replace property with property of similar origin, age, quality, condition or
provenance. An example when this type of appraisal is provided is for
insurance purposes where certain property may be scheduled separately from a
blanket homeowner's policy. Certain categories of fine art, antiques and
market sensitive collections require more frequent review. An insurance
industry rule of thumb is that appraisals should be updated at least every
three years.
Liquidation Value: is the value given to
property that is sold or changes ownership under other than ideal conditions
such as bankruptcy or forced sale.
APPRAISAL DEFINITIONS:
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WE HAVE PERFORMED
APPRAISALS FOR:
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