MACHINERY CNC MANUAL LIQUIDATION AND APPRAISALS

Appraisals

With over 25 years combined experience in the 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.