For an experienced certified machinery and equipment appraiser (CMEA), determining the value of a piece of standard farm equipment or restaurant fixtures is a relatively straightforward process. A CMEA will take into consideration various factors to determine value of a piece of equipment, such as its original price, its age, depreciation ranges, and its current […]
When you arrange for a CMEA to do a machinery & equipment appraisal for your business, you will end up with an appraisal report that states the CMEA’s findings and estimates. There are two types of appraisal reports that can be performed: a summary appraisal report and a desktop appraisal report. A summary appraisal report […]
Right off the bat, in exploring the major differences between a certified appraiser and a non-certified appraiser, just keep one thing in mind – always use a certified appraiser. One of the first things you want to do is to check an appraiser’s credentials. Certified appraisers will often have initials in their titles, such as […]
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