Can you rely on a guess, book value, a non-certified person, when it comes to equipment and machinery appraisals, or auctioneer all of whom may have a “hidden agenda”?  The answer is NO”.  Why not?  Relying on a guess, book value, auctioneer, or even a CPA is not accurate. We use methodology of appraisal and are experts in determining machinery and equipment values for every type of equipment and machinery.  You can have confidence in a Certified Appraisal Report prepared by the Official Asset Appraisers (USPAP accredited) because it is accurate, substantiated, defensible, and irrefutable.  Our Appraisal will hold up to the scrutiny of court. (Appraisal Witness) Will Yours?There are 20 typical reasons a business owner, CPA, attorney, lenders, leasing agents, Business Brokers, and others absolutely require the expertise of an independent third party Certified Machinery and Equipment Appraisal prepared by Official Asset Appraisers.

• Business Valuation
• Financing / Loans / Leases
• Buy / Sell Agreements
• Tax Purposes
• Converting From C To S Corp
• Insurable Value
• Cost Segregation
• Estate Planning
• Trust Agreements
• Valuing Goodwill
• Divorce Settlements
• Partnership Dissolution
• Litigation Support 
• Gift Planning
• 1031 Exchanges
• Sarbanes-Oxley
• GASB 34
• Bankruptcy
• Retirement Planning
• Strategic Business Planning

All of these are valid reasons to have your equipment and machinery appraised. Even though the most common reasons are listed above for equipment and machinery appraisals, you should never use any of the most common professionals listed above. Even though you may trust them, they are not the one to appraise your equipment or machinery. Locate a accredited (USPAP) appraiser for your equipment and machinery appraisal before disclosing any confidential or sensitive information. Ask other types of appraisers for references if necessary. Verify that the professional designation is the result of testing and other significant criteria, and requires continuing education. The designation is evidence that the appraiser is a professional and serious about his profession. Contact Official Asset Appraisers for your next equipment or machinery appraisal.

Divorce Appraisal insist on one. Each year there are 1 million divorces, or about 50% of all marriages (2002 United States Census Bureau statistics). The real tragedy is the financial devastation that happens to many individuals in their divorce.

Often, a divorcing individual, just to get it over, accepts an unfair settlement. Were they intimidated or pressured to settle? Was there a business Appraisal? Was all the assets accounted for, and were they valued fairly? WAS THERE AN APPRAISAL OF THE ASSETS made BEFORE the divorce settlements?

We strongly recommend that you insist upon your attorney to have a professional appraisal prior to making a financial decision that may affect the rest of your life. Especially when your business and all of its machinery and equipment are part of the property division. An impartial third party who has now stake in the divorce or business like, Official Asset Appraisers, can give assurance that the value assessed for the Business Valuation appraisal or the physical assets (equipment machinery appraisal), is fair.

Failure to Identify Hidden Assets

Hopefully, you’re not in a situation where you think there are hidden assets to be included in the settlement. Once a divorce is started, many individuals will do whatever they can to hide what they feel is their money. If they are hidden you can’t get an appraisal on them. There are many resources and methods used by professionals and attorneys to uncover hidden assets so a appraisal can be done. Being aware of these will help you avoid becoming a victum by a dishonest spouse. After there are assets found, they too can be included in the appraisal with the rest of the assets. Often that may include going to hidden locations (other states, or Country), to appraise these assets. Official Asset Appraisers found several pieces of earth moving equipment underneath a pile of wood chips and sawdust one time, where a spouse was trying to hide them from the other spouse. Don’t think that it is always one gender that is guilty of these tactics. It was a woman that hid the equipment under the sawdust. Its not always men, women are just as bad.

The best way to avoid all of these issues is to have your assets appraised on your own at least once every 2 or 3 years. Including your liquid assets as well, they are just as important as you real property. The money you spend on an appraisal is nothing compared to the tens of thousands you could give up by letting someone else guess at what your assets are worth.

The bottom line is don’t settle until you know how it will affect your financial future get an appraisal done! Have your assets appraised by Official Asset Appraisers, and be able sleep afterwards.
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There are so many different variables to the problem of demolition that you may have for your particular demolition situation, that this issue can be nearly impossible to address.
There are a wide variety of questions involved with demolition to give a good answer. Are there environmental issues? Asbestos?  Buried fuel tanks?  Chemical spills or even tar run-off from burned tires?  What are you intending to do with the debris? Can any portion of the foundation remain or will you require everything to be removed? Is there anything salvageable that might have value and offset the costs? What is the construction method? Does demolition include removal of asphalt or just the building? Is site restoration part of the project?
The demolition of certain parts of a building and equipment does not necessarily involve destroying the entire structure.  Sometimes, the exterior/interior walls, floors, equipment and ceilings may not be damaged.
There are also many issues in real demolition costs that you really have to take them on one at a time. You can’t see these demolition costs when you are thinking about purchasing insurance for your building, but you might want to consider some of the issues described in this article to keep you aware of demolition costs as part of your real construction cost.
The cost of most demolition permits is relatively inexpensive running between $15 and $25. Sometimes, there are additional fees in demolition for things such as inspection of the power disconnection and to cap off water and sewer lines at the property.
In addition, a permit for encroachment may be necessary to abandon the sewer line at the main.   A licensed plumbing contractor will be needed for this.
Municipal fees may be collected if the property will be developed in a timely manner.  The water will have to be shut off at the property boundary.  However, if the property will not be developed after demolition, you can shut off the water at the main.
How does this apply to you?  You need Official Asset Appraisers to examine your particular situation to determine the demolition costs which you will require in defining your real construction costs.  Otherwise, you could be spending too much money on premiums, or not enough. Either way these issues will be covered when you call Official Asset Appraisers to answer your questions, and appraise your building for the Real Construction Cost.
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