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.

When estates include a large amount of installed machinery

When estates include a large amount of installed machinery, it's important to determine when it's appropriate to include shipping, installation and permitting costs in the related appraisal, keeping in mind that these associated costs often provide more than half of the value for installed machinery.
Example: Valuation with a Business Valuation appraiser on an estate including a recently upgraded factory. In this scenario, the appraisal is generally for Fair Market Value in Continued Use, which assumes that the earnings support the values. In this case, however, the upgrade included a significant design flaw - resulting in an annual net operating loss - so that the earnings of the factory did not support the values. Instead of using the typical definition of value, the equipment appraiser provided research and the proper documentation to rationalize and support the appropriate definition of value.

These two examples are certainly just a small sample of the specific estate valuation issues that equipment appraisers routinely experience.Two prevalent concerns these days include the economic obsolescence factors of CARB diesel emissions regulations and the financially influenced dilemma of under-utilized processing facilities. And of course, there are many other issues involved in equipment appraisals for estates that are not directly linked to current conditions.

Surprising enough, then, it turns out that an equipment and machinery appraiser - while perhaps not as regularly involved in estate planning as some lawyers and economical planners - can be actively involved in estate planning. And we can often contribute a unique perspective to the estate planning community.
*The exact dollar amount that describes a taxable estate can vary from year to year. Be sure to contact your tax expert for up-to-date regulations.
Jack Young, ASA, CPA, is an Approved Senior Appraiser (ASA) of the American Society of Appraisers specializing in machinery and products and owner of NorCal Valuation in Northern California. Jack is active in the Northern California/Nevada Chapter of the ASA and currently serves as Vice-president of the chapter.


equipment appraisal equipment appraisers heavy equipment appraisal heavy equipment appraisal, used equipment value, tractor values, equipment appraisals, heavy equipment appraisers, machinery and equipment visit at: http://www. equipappraisers.com

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.