About Equipment Appraisers

 About Equipment Appraisers

Equipment Appraisers LLC is a team of industry professionals that has over 25 years of experience in equipment auction, dealership, construction management, manufacturing, fleet management, appraisal, asset management and financial analysis. Using state of the art technology solutions and the most widely accepted appraisal industry standards, this team has evaluated over 19,000 pieces of heavy equipment with a cumulative value of over $1 Billion.

Currently, Equipment Appraisers services the following industries:

• construction
• concrete
• aggregate
• grading and paving
• forestry
• power generation
• mining
• recycling
• cranes and rigging
• bridge building
• fleets
• rolling stock
• transportation
• towing and hauling

We work closely with the following professionals to provide an honest and trustworthy assessment and valuation of your capital equipment:

• equipment managers
• bonding companies
• financial services companies
• tax and legal professionals
• legal receivership
• 1031 exchange
• company leadership

Rob Nowacek, Founder:

Equipment Appraisers LLC was founded by Rob Nowacek in 2004. Since graduating from California State University– Chico in 1994 he has always been involved in the equipment side of the construction industry with time spent at Hertz Equipment, Peterson Tractor and Ritchie Bros. before venturing out to found Equipment Appraisers. In the past 8 years, Equipment Appraisers has established itself as a trusted and valuable partner to dozens of companies and has appraised over 19,000 pieces of equipment worth nearly $1 Billion.

Whether this is your first appraisal or part of your ongoing annual business processes and controls,

Appraisal 101

Whether this is your first appraisal or part of your ongoing annual business processes and controls, you have come to the right place. We have over 25 years of experience in equipment, finance and appraisal services and we can be a valuable partner for you.
Most common reasons to get an appraisal – corporate valuation, pre-sale, pre-purchase, pre-auction, financing/banking/lending, insurance/bonding, estate planning, 3 Ds (Death Divorce, Debt), 1031 exchange.

Appraisal Terms/Definitions

Fair Market ValueFair Market Value is an opinion expressed in terms of money, at which the property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or to sell and both having reasonable knowledge of relevant facts, as of a specific date.
Equipment Appraisers
Orderly LiquidationOrderly liquidation value is an opinion of the gross amount, expressed in terms of money, that typically could be realized from a liquidation sale, given a reasonable period of time to find a purchaser (or purchasers), with the seller being compelled to sell on an as-is, where-is basis, as of a specific date.
Forced Liquidation ValueForced liquidation value is an opinion of the gross amount, expressed in terms of money, that typically could be realized from a properly advertised and conducted public auction, with the seller being compelled to sell with a sense of immediacy on an as-is, where-is basis, as of a specific date.
Salvage Value - Equipment AppraisersSalvage value is an opinion of the amount, expressed in terms of money that may be expected for the whole property or a component of the whole property that is retired from service for possible use elsewhere, as of a specific date.

Scrap ValueScrap value is an opinion of the amount, expressed in terms of money that could be realized for the property if it were sold for its material content, not for a productive use, as of a specific date.

appraisal meant that the bankruptcy proceedings were noncontinuous and delayed.

equipment appraisal

None of those choices would be counseled by a Bankruptcy lawyer. In fact, several of those actions may lead to a business owner truly losing a number of the advantages from a bankruptcy filing. It's even doable that somebody may well be disqualified altogether from filing bankruptcy in sure things, in keeping with some Bankruptcy Attorneys.

equipment appraisals

One action your Bankruptcy lawyer can advise is going in bit with AN authorized, certified instrumentation appraiser. Your lawyer can advise you on the timing; within the meanwhile, remember that you just can have to be compelled to pay your instrumentation appraiser for the USPAP report you will need.

used equipment value

 

Many folks, once going into a bankruptcy, have forgot enough cash to pay legal fees. bear in mind that there'll even be appraisal fees & forgot enough cash for that moreover. do not end up within the position quite one business has been in -- attempting to rearrange a bankruptcy instrumentation appraisal long finally money reserves are depleted attempting to stay the business solvent. Not having the ability to afford the few thousand greenbacks for AN appraisal meant that the bankruptcy proceedings were noncontinuous and delayed.

If you're not sure what proportion AN instrumentation appraisal may cost a little you, get along AN instrumentation list and submit it to a certified instrumentation appraiser for a quote. Be clear concerning why you're vocation. Visit the yank Society of Appraisers to seek out a neighborhood authorized  Senior Appraiser, specializing in Machinery and instrumentation, United Nations agency ought to be ready to provide you with a rough plan of what your bankruptcy instrumentation appraisal can value.

Don't take ANy probabilities if you're getting down to take into account a bankruptcy for your business; get smart legal advise as presently as you notice that bankruptcy may well be an possibility for you and take care to place away the value not just for legal council however conjointly for a certified USPAP instrumentation appraisal.

equipment appraisals - Tractor equipment appraisals

Yes, a business filing for bankruptcy can would like AN instrumentation appraisal eventually, however if you discover yourself considering bankruptcy proceedings--whether your business is agricultural, a producing plant, factory, construction or excavating business, or a speciality production shop--do yourself a favor ANd discuss with a bankruptcy lawyer before you decision an instrumentation appraiser.

 

Business homeowners considering bankruptcy owe it to themselves to urge in grips early within the method with an honest Bankruptcy lawyer. several Bankruptcy Attorneys report that almost all of the shoppers they represent in Chapter seven, Chapter eleven or Chapter thirteen cases have waited too long before vocation for legal recommendation.  Attempting} to delay or avoid an actual bankruptcy, some people have already borrowed cash from relatives and friends, run their charge cards up to the limit to stay their businesses going, paid out or borrowed against the funds in their retirement plans, and - in some cases - sold  the business' machinery and instrumentation, typically at not up to market costs, typically not realizing that in some business bankruptcies, they could are ready to retain enough instrumentation to still operate a restructured company. Ouch!

equipment appraisal

None of those choices would be counseled by a Bankruptcy lawyer. In fact, several of those actions may lead to a business owner truly losing a number of the advantages from a bankruptcy filing. It's even doable that somebody may well be disqualified altogether from filing bankruptcy in sure things, in keeping with some Bankruptcy Attorneys.

equipment appraisals

equipment appraisal - equipment appraisals

How can your instrumentation appraiser verify the worth of the instrumentation on your farm, producing facility, restaurant, recreational center, or production shop? AN authorized , certified instrumentation appraiser can use one amongst 3 ancient, recognized approaches to value-cost approach, sales comparison approach (often referred to as market approach) or financial gain approach. that approach is best used depends on the kind of kit or business quality being appraised and therefore the handiness of information.

equipment appraisal

 

Sales comparison approach, or market approach, is that the appraisal technique most folk ar at home with, due to land appraisals. it is also one amongst the a lot of sensible approaches in instrumentation appraising: the info relied upon for market approach is usually without delay obtainable and for the most part reliable attributable to the dimensions of the marketplace for most instrumentation.

equipment appraisers

Sales comparison approach to price uses comparable sales, dealer listings, auction results and interviews with dealers specializing within the sale of the kind of kit being appraised. mistreatment this data, 

About Equipment Appraisers - Equipment Appraisers

Equipment Appraisers LLC is a team of industry professionals that has over 25 years of experience in equipment auction, dealership, construction management, manufacturing, fleet management, appraisal, asset management and financial analysis. Using state of the art technology solutions and the most widely accepted appraisal industry standards, this team has evaluated over 19,000 pieces of heavy equipment with a cumulative value of over $1 Billion.

Currently, Equipment Appraisers services the following industries:

• construction
• concrete
• aggregate
• grading and paving
• forestry
• power generation
• mining
• recycling
• cranes and rigging
• bridge building
• fleets
• rolling stock
• transportation
• towing and hauling

We work closely with the following professionals to provide an honest and trustworthy assessment and valuation of your capital equipment:

• equipment managers
• bonding companies
• financial services companies
• tax and legal professionals
• legal receivership
• 1031 exchange
• company leadership

Rob Nowacek, Founder:

Equipment Appraisers LLC was founded by Rob Nowacek in 2004. Since graduating from California State University– Chico in 1994 he has always been involved in the equipment side of the construction industry with time spent at Hertz Equipment, Peterson Tractor and Ritchie Bros. before venturing out to found Equipment Appraisers. In the past 8 years, Equipment Appraisers has established itself as a trusted and valuable partner to dozens of companies and has appraised over 19,000 pieces of equipment worth nearly $1 Billion.