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Appraisal FAQs: Is It Important that Your Appraiser Has a Professional Designation to Prepare and Submit an Equipment Appraisal?
Answer: Yes! It is very important that the appraiser you choose has a professional designation to value your equipment. You can rely with confidence on a trained professional who is experienced in the ethics and reporting quidelines of USPAP. Gone are the days when a non-certified equipment appraisal will be accepted by governing authorities or […]
Revisiting the NEBB Institute Code of Ethics
When it comes to ethical conduct, no one in the appraisal industry takes it as seriously as NEBB Institute. We’ve discussed the NEBB Institute Code of Ethics & Competency Appraiser Awareness Program before, but it’s important that we revisit it from time to time. Why? Because if we require our CMEAs to attend a CMEA […]
You Need a Machinery and Equipment Appraisal for a Buyout Agreement
A buyout agreement, or buy/sell agreement, details the way a business will buy the shares of a co-owner who wants to leave the business or partnership to retire, who wants to sell the business, or who is terminated. The buyout agreement is a legal document written to protect all parties involved in the buyout. You […]
The Importance of Appraisal in Machinery and Equipment Depreciation
When it comes to machinery and equipment, depreciation is the estimated decrease in value from the initial purchase price of an asset based on a number of criteria, including physical, functional, and/or economic factors. From an appraisal perspective, which is somewhat different than an accounting or finance perspective, if machinery or equipment is still functional, […]
How Much Does a Certified Machinery and Equipment Appraisal Cost?
For those unfamiliar with a Certified Machinery and Equipment Appraisal (CMEA), a fair question is “How much does a CMEA cost?” The best way to answer that question is with another question: “How much for how much?” In other words, the cost of an appraisal depends on the scope and complexity of the appraisal assignment. […]
Increase Your Company’s Income
A lot of real estate appraisal companies are busy doing appraisals for homeowners who want to take advantage of record-low interest rates and refinance. This is likely to continue through 2012 because the Federal Reserve intends to keep long-term interest rates low through the end of this year. But the real estate market still isn’t […]
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