Red Stripe, Inc.
Red Stripe, Inc.
PO Box 301
Methuen, MA 01844-0301
Phone: (978) 689-8174
Fax: (978) 689-8174
 

NAPA NAPA NAPA AMEA AMEA NAPA

Types of Appraisals

Every Appraisal Begins With

  • What is the reason for the Appraisal?
  • What Value or Values will you need?
  • Do you have a list or lists of assets to be appraised?
  • How Many Locations
  • Total Floor Area at each Location

    • This information is used in the preparation of the Engagement Letter

    On Site Appraisal

    A Comprehensive Opinion of Value comes from having a complete understanding of the intricacies of the equipment and the market.

    Red Stripe has a proven record of appraising machinery across a broad range of industries. Every appraisal includes important descriptive information which is compiled through inspection techniques developed by us. All the assets, including grouped items, are photographed digitally to capture the characteristic of the asset, and to prove that the assets were inspected.

    This process efficiently provides important documentation of the appraisal process.

    Appraisal Inspection and Data Collection

    To facilitate the inspection and data collection Red Stripe Inc may request the following information.

  •  List of machinery (personal property) to be appraised
  •  List of locations to be inspected and type(s) of operations ongoing at each location
  •  Total floor area (in square feet) at each location
  •  Copies of past appraisals

    • Every Appraisal Should Consider these Important Factors

  • Condition
  •  Functionality
  •  Market Conditions
  •  Sales of comparable asset(s)

    • Desktop Appraisal: an evaluation that does not benefit from an inspection of the assets.

    Red Stripe is able to complete a desktop appraisal of your machinery, office equipment, or other assets when there is sufficient information to provide credible feedback.
    Key information and specific conditions are needed to provide a Desktop Appraisal:

  • The asset(s) must be standard in nature
  •  Detailed information about the asset(s) must be available
  •  There must be a defined market for the asset(s)
  •  The condition of the asset(s) must be known or assumed

    • E-mail: appraisal@redstripeinc.com
    Phone/Fax:( 978) 689-8174