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With over 25 years combined experience in
the used machine tool industry, ACT Machinery, Inc. is uniquely
qualified to assist you with the appraisal of your company
assets. Whether valuing one piece or an entire plant, ACT will
carefully consider current economic trends which greatly affect
the value of your machine tools. As accredited members of the
both the Association of Machinery Equipment Appraisers (AMEA)
and the Machinery Dealers National Association (MDNA), we hold
ourselves to a standard of professionalism that we believe all
our clients are entitled to. There are a variety of reasons to
appraise your equipment periodically and there are also many
types of appraisals. We have listed a few different types bellow
for your convenience. Please call us to discuss which type best
suites your needs.
DEFINITION
OF VALUE
FAIR MARKET VALUE - A professional
opinion of the estimated most probable price expressed in terms
of currency to be realized for property in an exchange between a
willing buyer and a willing seller with equality to both,
neither being under any compulsion to buy or sell, and both
parties fully aware of all relevant fact as of the effective
date of the report.
ORDERLY LIQUIDATION VALUE - A
professional opinion of the estimated most probable price
expressed in terms of currency which the subject equipment could
typically realize at a privately negotiated sale, property
advertised and professionally managed, by a seller obligated to
sell over an extended period of time, usually within six to
twelve months, as of the effective date of the appraisal
report. Further, the ability of the asset group to draw
sufficient prospective buyers to insure competitive offers is
considered. All assets are to be sold on a piece meal basis
“as-is” with purchasers responsible for removal of assets at
their own risk and expense. Any deletions or additions to the
total assets appraised could change the psychological and/or
monetary appeal necessary to gain the value indicated.
FORCED LIQUIDATION VALUE (AUCTION) -
A professional opinion of the estimated most probable price
expressed in terms of currency which could typically be realized
at a property advertised and conducted public auction sale, held
under forced sale conditions and under present day economic
trends, as of the effective date of the appraisal report.
Conclusions taken into consideration are physical location,
difficulty of removal, physical condition, adaptability,
specialization, marketability, overall appearance, and
psychological appeal. Further, the ability of the asset group
to draw sufficient prospective buyer to insure competitive
offers is considered. All assets are to be sold on a piece meal
basis “as-is” with purchasers responsible for removal of assets
at their own risk and expense. Any deletions or additions to
the total assets itemized could change the psychological and/or
monetary appeal necessary to gain the price indicated.
NEW REPLACEMENT COST VALUE
- A professional
opinion of the cost expressed in terms of currency, F.O.B. the
manufacturer's plant, to purchase a new item of like quality and
specification. If such an item is unavailable, the appraiser has
used his or her best judgment in estimating a value as of the
effective date of the appraisal.
DESKTOP OPION
- A professional opinion of the appropriately defined value,
expressed in terms of currency to be realized by the sale of
assets, in which the opinion is generated from lists and/or
other informational materials supplied to the appraiser and
evaluated without the benefit of an actual on-site inspection.
This opinion is not recommended for use in credit decisions. A
desktop opinion should be used to determine the need for an
appraisal or the scope of an appraisal. |