Simply stated, a CMEA’s Certified Appraisal Report will withstand scrutiny because it is performed under the ethics and regulations of USPAP (Uniform Standards of Professional Appraisal Practice), the authoritative source for determining values. Our machinery and equipment appraisals are accurate, defensible, and irrefutable because we search through our database filled with over 4 million comparables and apply methodologies consistent with the scope. Lenders, small business owners, attorneys, courts, IRS, CPAs, buyers, sellers and others all rely on a defensible estimate of value. Why don’t you?
Summary Appraisal Reports are appraisals with multiple intended users and typically require the appraiser to visit the site.
Restricted Appraisal Reports are appraisals that have only 1 intended user.
Desktop Appraisal Reports are appraisals that do not require an inspection of the equipment. All the field work is done by the client and then delivered to the appraiser. While these usually cost less, the quality of the data is dependent on the client.
Asset Verification is not an appraisal report, rather it is used when the client needs up-to-date data about his or her’s equipment from a 3rd party (usually for their CPA).
Insurance repair estimates are reports provided to insurance claims companies or directly to insurance carriers. When commercial policies have machinery or equipment that is damaged by a covered peril we can provide a professional estimate of the damages. This is not a claim estimate nor an appraisal. Our certifications in both insurance and the appraisal industry put us in a unique position to estimate the damage to equipment that is hard to find. Feel free to call for more details.
For Pricing check out our FAQ page or give us a call!