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About Galo Matagay

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What is Orderly Liquidation Value?

Do you know what a liquidation value is? It’s the estimated amount of money a company’s assets could quickly be sold for if the company went out of business. In a normal, growing industry that shows profit, a company’s liquidation value would be much less than the company’s share price. In an unprofitable or shrinking […]

2022-12-29T07:42:49-05:00July 7th, 2010|Uncategorized|

Why Accountants Need a CMEA

The statements on gift taxes in the IRS Pension Protection Act of 2006 and the aspirational best practices for dealing with the IRS laid out in Circular 230, both of which we’ll discuss in later posts, state the importance of accountants verifying the values of equipment and machinery by securing a certified appraisal. Good accountants […]

2022-12-29T07:50:52-05:00July 1st, 2010|Uncategorized|

Why Attorneys Need a CMEA

Attorneys frequently work on cases that involve the value of a business’ physical assets, such as machinery and equipment, but oftentimes rely on the client’s estimates, follow a depreciation schedule, or guess at their value rather than rely on a certified machinery and equipment appraisal. Even value estimates put forth by an uncertified auctioneer or […]

2022-12-29T08:37:23-05:00June 24th, 2010|Uncategorized|

Why Business Owners Need a CMEA

At some point in every business owner’s career, he or she needs to know how much his or her machinery and equipment are really worth. But determining that value is something best left to the professionals. Why? Because the report that states the value can end up in the hands of a lot of entities […]

2022-12-29T08:38:15-05:00June 16th, 2010|Uncategorized|

Why Do Lenders Need a CMEA?

Over the past couple of years, bankers and lenders have been actively seeking new ways to reduce their liability when making loans. Often, lenders are asked to make a lending decision that involves knowing the value of a piece of machinery or equipment, and one of the best ways they can protect themselves is by […]

2022-12-29T08:39:01-05:00June 9th, 2010|Uncategorized|

Reduce the Risk of Liability, Expand Your Business

Approximately 400 NEBB Institute members worldwide have found that the CMEA professional designation increased their bottom-line profitability just by adding the CMEA designation to their businesses, as we discussed in our post, Real Estate Appraisers Expand Services by Offering Certified Machinery and Equipment Appraisals. And joining NEBB Institute can help you to further reduce the […]

2022-12-29T08:39:51-05:00June 2nd, 2010|Uncategorized|

Code of Ethics

Like most industries, the machinery and equipment appraisal business operates under a code of ethics, a set of rules that governs the practices of anyone involved in the profession. The National Equipment & Business Builders Institute (NEBBI), however, felt that the industry standards weren’t strong enough, and came up with its own code of ethics, […]

2022-12-29T08:40:58-05:00May 26th, 2010|Uncategorized|

What Is USPAP?

Last week, in our post titled “Getting a CMEA Designation,” we said that appraisers who become certified through the NEBB Institute must promise to adhere to the ethical standards of the Uniform Standards of Professional Appraisal Practice (USPAP). USPAP is a quality control document that was first written in the late 1980s by The Appraisal […]

2022-12-29T08:42:04-05:00May 20th, 2010|Uncategorized|

Getting a CMEA Designation

Last week, in our post titled “Real Estate Appraisers Expand Services by Offering Certified Machinery and Equipment Appraisals,” we discussed the success some real estate appraisers have experienced by adding machinery and equipment appraisal services to their list of offerings. If you’re a real estate appraiser and would like to expand your service offerings by […]

2022-12-29T08:43:08-05:00May 12th, 2010|Uncategorized|

Real Estate Appraisers Expand Services by Offering Certified Machinery and Equipment Appraisals

Many real estate appraisers have found that their flow of business has all but ground to a halt due to sluggish real estate sales, the mortgage crisis, confusion regarding the Home Valuation Code of Conduct (HVCC), and lingering uncertainty about the economy. Some companies have been forced to close their doors; however, others have diversified […]

2022-12-29T08:45:22-05:00May 5th, 2010|Uncategorized|
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