Certified Equipment & Machinery Appraisals & Valuations
LGI is able to provide Certified Equipment and Machinery Appraisals.
Virtually any type of machinery or equipment can be appraised. As
a member of the National Equipment and Business Brokers Institute,
we have access to world-wide information on equipment values to
provide you with accurate and reliable appraisals.
Our certified equipment and machinery appraisals and valuations
property tax assessments,
Balance Sheet restatements, FASB141, etc.
There are two general appraisal options available:
Normally appraisals are reported using the "Summary Appraisal"
format (also defined by USPAP) in lieu of the much more detail oriented
"Self Contained Appraisal," also to save costs. Specific
backup data for a Summary Appraisal is available by special request.
Equipment appraisals may be "Desktop Appraisals" wherein
the appraisal is made at the appraisers office without inspection
of the equipment, based upon data provided by the owner. This can
dramatically reduce the cost. Or, it can be a regular appraisal
wherein the appraiser inspects and documents the equipment, and
then completes the appraisal report...
Each Equipment/Machinery Appraisal includes the following:
Full description and documentation
Comparative Sales, Offering, and Depreciated Replacement Cost Analysis
Photographs of all major pieces
A Certified Machinery/Equipment appraisal means that the appraisal
is USPAP compliant as well as meeting the standards of the National
Equipment and Business Brokers Institute.
Time to Complete:
Depends on size and scope of job
As equipment and machinery appraisals can vary considerably with
different purposes or conditions, prices will be quoted after your
free consultation and the scope of your needs is determined. Fees
will be quoted once an equipment list and depreciation schedule
have been received.