Types of Appraisals
Red Stripe, Inc. offers two types of Appraisals:
Summary Appraisal Report - States the identity of the
client and any intended users, the intended use of the report, the
definition of value(s) assigned, the physical characteristics of the capital
equipment involved, the last date of inspection, and the date of the report.
Desktop Analysis Appraisal Report - Identifies and values
assets without inspecting and listing them, by relying on documents and
other information provided by the client and others. this is a limited
appraisal which is defined by USPAP.
Who needs an Appraisal?
- Banks
- Asset-based lenders
- Insurance companies
- Law offices
- Accounting firms
- Business owners.
How are Values Determined?
In today’s volatile market, the value of equipment can change rapidly and dramatically making the equipment appraisal a vitally important tool in business decision-making. Values are based on the Uniform Standards of Professional Appraisal Practice (USPAP) definitions. Five categories of value are as follows:
- Market Value – In Place (MV-IP)
- Fair Market Value (FMV)
- Orderly Liquidation Value (OLV)
- Forced Liquidation Value (FLV)
- Insurable/Cash Value
Business Needs
The importance of clearly understanding equipment values has never been greater than in today's highly competitive market. We can provide you and accurate, confidential, and timely appraisal for many business needs.
- Banking
- Expansion
- Acquisitions
- Insurance
- Partnership Buyouts
- Disposing of Surplus Capacity
- Estate Planning and Settlement
Qualifications
The qualifications of our appraisers, with over 30 years of experience in a broad base of manufacturing, metal working, plastics, automation, and electronics, is key to our providing you with accurate and timely appraisal services. If you are seeking a qualified opinion to value when lending, buying, selling, or insuring, be sure you are getting the most professional services available.
Contact us for your machinery and equipment appraisal.
E-mail: appraisal@redstripeinc.com
Phone/Fax:( 978) 689-8174
