Appraisals

Machinery & Equipment Appraisals

Don’t underestimate your machinery & equipment values

I know what it is. I know what it’s worth. It’s my profession.

AMEA appraisal types:

New Replacement Cost

Market Value In Place

Fair Market Value

Orderly Liquidation Value

Forced Liquidation (Auction) Value

SBA loans, collateral based borrowing with current or new lender, business sale, insurance valuation, divorce settlement, mergers & acquisitions, estate planning, estate settlement, assistance in establishing book value, asset disposal, equipment leasing, IRS settlement, asset sale, financial planning, considering auction or other

Over 50 accredited appraisals completed in the past several years for Illinois area business owners, financial institutions, accountants, attorneys, and developmental institutions.

35+ years experience buying, selling & brokering used/new industrial machinery and equipment; over 1,750 machines valued at over $30 million bought & sold. I am involved daily in the buying and selling of machinery and equipment. Direct involvement in the marketplace is essential in formulating accurate valuations and is an AMEA requirement.

Industries appraised: Metalworking, plastics, woodworking, graphic arts, construction, medical, retail, and vehicles/fleet

All appraisals are archived for easy future updating as your business requirements change.

I am the only AMEA accredited appraiser in Illinois located outside of the Chicago area.

Call 815-654-3300 today for a confidential discussion of your appraisal requirements.

Market 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 equity to both, neither being under any compulsion to buy or sell, and both parties fully aware of all relevant facts as of the effective date of the appraisal report.

Market Value (In Place)
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 equity to both, neither being under any compulsion to buy or sell, and both parties fully aware of all relevant facts, as installed for intended utilization, as of the effective date of the appraisal report.

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 properly 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 buyers to insure competitive offers is considered. All assets are to be sold on a piecemeal basis 'as is' with the purchasers responsible for the 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 price indicated.

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, properly 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 piecemeal basis 'as is' with the purchasers responsible for the removal of assets at their own risk and expense. Any deletions or additions to the assets appraised 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 specifications. 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 Opinion
A professional opinion of the appropriately defined value, expressed in terms of currency to be realized by sale of the 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.