Another service we offer is our Appraisal Service. Our Appraisal Methods are designed to accommodate you the client. The final appraisals we furnish you are our experienced and researched opinions and are documented with accurate valuations. Inventory listings, detailed descriptions of property and location of items are noted if necessary. When desired, we will be available to update our appraisals. The following list of appraisal methods are a few examples we perform or offer.
1. Fair Market Value Appraisals – are used for family division, estate and tax purposes. A fair market value is the price that the property would sell for on the open market. It is the price that would be agreed on between a willing buyer and a willing seller.
2. Auction Value Appraisals – are the appraiser’s professional opinion of what the final sales price will be of the specific item at a properly advertised and conducted public auction without reserve, held under existing sale conditions and under present economic trends within a specified time.
3. In-Place Value Appraisal – is the appraiser’s professional opinion of the gross dollar amount to be realized in the sale of all of the assets between a willing buyer and a willing seller in the open market.
4. Orderly Liquidation Value Appraisal – is the appraiser’s professional opinion of what the sale price of the asset could be if sold at a properly advertised and professionally managed orderly liquidation sale.
5. DeskTop Opinion or Review Appraisal – is based on materials or information that has been supplied to us and evaluated without the benefit of an actual on-site inspection.
6. New or Used Replacement Cost Value Appraisal – is based on the dollar amount it would cost to purchase a new or used asset of like quality and specifications if the asset was damaged or destroyed.

 

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