APPRAISAL 101 TOPICS
There are generally two types of reports that can be performed for an equipment appraisal.
Inspected Appraisal Report
An inspected appraisal, also called a field appraisal, includes an on-site inspection by one of our associates. During the inspection, the equipment appraiser collects all of the necessary information to provide an opinion of value for the machinery and equipment. On-site inspection details and photographs are included in the appraisal report.
Uninspected Appraisal Report
An uninspected appraisal, sometimes called a desktop appraisal or a desk appraisal, is used to determine value without an on-site inspection and relies on provided information about the subject assets. It still contains a detailed analysis of the condition of the machinery or equipment. The client or equipment owner sends us the necessary information about the equipment and we determine the value based on that information.