https://www.valueinuse.com/new-bloog daily 0.75 2025-08-24 https://www.valueinuse.com/new-bloog/Blog Post Title One-sjk6w monthly 0.5 2025-08-22 https://www.valueinuse.com/new-bloog/blog-post-title-two-l72k9 monthly 0.5 2020-05-20 https://www.valueinuse.com/new-bloog/blog-post-title-three-l759a monthly 0.5 2020-05-20 https://www.valueinuse.com/new-bloog/blog-post-title-four-sf5af monthly 0.5 2020-05-20 https://www.valueinuse.com/valuation daily 0.75 2020-09-26 https://www.valueinuse.com/home daily 1.0 2021-05-01 https://images.squarespace-cdn.com/content/v1/5e2df926c0ac3223e40623ce/1580084350042-BIO5TPZFCU5DWRIZL9IL/max-larochelle-tD-SDlQxfsY-unsplash.jpeg Home - Machinery Keeps the Gears of the Economy Moving How do people determine the health of the Economy? Some people look at the macroeconomic aspects such as the transactions of businesses, while others look at the day to day pricing of commodities. Machinery & Equipment meets at the intersection of these concepts. Join me in exploring how making things makes the economy work. https://images.squarespace-cdn.com/content/v1/5e2df926c0ac3223e40623ce/1580087207320-KRAL8MJMWC39EEGZID9P/chris-liverani-dBI_My696Rk-unsplash.jpeg Home - What is Valuation? Valuation is a term used to describe a diverse range of concepts. Understanding value requires understanding the situation, who the participants are, and how the value is being used. Let’s tour how valuation changes in the eye of the beholder, and why that matters. So, if value is different to everyone, why do you need someone else’s opinion? https://images.squarespace-cdn.com/content/v1/5e2df926c0ac3223e40623ce/1600098092492-P44W4BLFSC5UDOXWW8C8/image-asset.jpeg Home INDUSTRIES https://images.squarespace-cdn.com/content/v1/5e2df926c0ac3223e40623ce/1600098213681-BGSZ4HZEZVSMQUWY9FZZ/image-asset.jpeg Home Uses https://images.squarespace-cdn.com/content/v1/5e2df926c0ac3223e40623ce/1600098120620-OSWMJIC5E5SG9W3MOWG5/image-asset.jpeg Home Values https://images.squarespace-cdn.com/content/v1/5e2df926c0ac3223e40623ce/1600098161674-FGPGHJ4FB6W6NHSG2886/image-asset.jpeg Home APPRAISALS https://www.valueinuse.com/types daily 0.75 2020-10-05 https://images.squarespace-cdn.com/content/v1/5e2df926c0ac3223e40623ce/1587853160130-FVRSQXRGVVQKE6QRNC8D/science-in-hd-i4ABHj811N0-unsplash.jpeg Types of Valuation Uses - Insurance & Risk Management Are your assets correctly covered? Risk Managers use appraisals to ensure that insurance policies do not have gaps in coverage which lead to over and under insurance. If you are over insured you are paying more in premiums than you need, if you are under insured you’d rather find out before having to submit a claim. https://images.squarespace-cdn.com/content/v1/5e2df926c0ac3223e40623ce/1587853207197-GOJ59ANSEEFGX2NJCG8J/crystal-kwok-XUEdfpPIhXg-unsplash.jpeg Types of Valuation Uses - Acquisition & Disposition Are you looking to buy or sell an asset-intensive company, a production line, or a single asset? Companies engage appraisers before selling to understand their tax situation if a step up is taken to buy an acquirer in asset-based transactions. Buyers get appraisals to maximize the property's depreciation benefits, offset the goodwill amount, and comply with financial reporting audits. https://images.squarespace-cdn.com/content/v1/5e2df926c0ac3223e40623ce/1587853265086-AP0NNBZXHISP97HM4DNN/anna-jimenez-calaf-PLOq7Ouq0fM-unsplash.jpeg Types of Valuation Uses - Financing & Collateral Are you a developer looking to understand the Fair Market Value in a tax equity transaction? Perhaps you are considering a Sale-Leaseback or a traditional equipment lease? If you are looking to lease or collateralize assets I’ve worked with banks and lessors to navigate their financing needs. https://images.squarespace-cdn.com/content/v1/5e2df926c0ac3223e40623ce/1587853291300-H8X8ASK9VRSAX6YA8G2D/alexander-putter-WRv6Rl_nUes-unsplash.jpeg Types of Valuation Uses - Determining & Dispute When compelled to agree to a value such as an end of the lease, tax appeal, or legal dispute, it is important to have an expert opinion. Navigating the issues in determining value is a process we can start today. https://www.valueinuse.com/values daily 0.75 2020-09-26 https://www.valueinuse.com/get-started daily 0.75 2020-09-20 https://www.valueinuse.com/industries daily 0.75 2020-09-26 https://images.squarespace-cdn.com/content/v1/5e2df926c0ac3223e40623ce/1587865617712-NSVE2JB1SI92URIYBIXW/chuttersnap-_EFvjSgbw1c-unsplash.jpeg Industries - Industry experience As an Accredited Senior Appraiser in Machinery & Technical Services, I have been fortunate to perform appraisals across several industries. As a generalist, I focus on the approach to value and apply it across various segments in the economy. I love learning new technologies and seeing processes in action. Let me know how you make America work. https://www.valueinuse.com/parts-of-an-appraisal daily 0.75 2020-09-26 https://images.squarespace-cdn.com/content/v1/5e2df926c0ac3223e40623ce/1587935639256-1FJN2XOG90EG9MRN7I3S/helloquence-5fNmWej4tAA-unsplash.jpeg Parts of An Appraisal - Scope & Identification Every Appraisal starts with a scope. The scope tries to identify what the valuation services will be before any work has been performed. A report has to identify key information such as the intended user, their intended use of the report, the type of value, and what exactly they are valuing. This stuff seems basic and frankly file filler, right? Well, in 2017, a big four accounting firm settled with the SEC over the misuse of an appraisal that was missing everything noted above. They took an old insurance valuation and applied it to Fair Value reporting, which caused the company’s value to be misstated by hundreds of millions of dollars for years. https://images.squarespace-cdn.com/content/v1/5e2df926c0ac3223e40623ce/1587935806846-B5D1C18UUHLOAUFKQ4O1/ousa-chea-gKUC4TMhOiY-unsplash.jpeg Parts of An Appraisal - Research & Analysis Next, an appraisal will go into its research and analysis, which includes understanding the industry and marketplace the assets participate in, disclosing any hypothetical conditions or extraordinary assumptions, and reviewing the condition and information on the subject property. This can include a review of the fixed asset ledgers, discussions with management, and site inspections. Why do assumptions matter? If an asset is assumed to be in good condition but destroyed because a scrap company accidentally scrapped it, it can affect an asset's value. Unfortunately, I’ve seen this happen more than once. https://images.squarespace-cdn.com/content/v1/5e2df926c0ac3223e40623ce/1587935860261-GQM32USW72F3NT3RXRUC/carlos-muza-hpjSkU2UYSU-unsplash.jpeg Parts of An Appraisal - Report & Work File The report brings all these concepts together and gives the reader a glimpse into the appraisal process. Often it is not reasonable for a report to contain the full work product of an appraisal; that is why appraisers must keep a workfile. The workfile contains additional information that didn’t make it into the report. The work file is used to support conclusions for audits, reviews, and management decisions. Appraisers are obligated to maintain a work file for 5 years after a project is completed and an additional 2 years if there is litigation. Moving from paper to cloud storage has helped me do my part for the environment. You don’t want to know how many wasted yellow pads I had before I found OneNote. https://images.squarespace-cdn.com/content/v1/5e2df926c0ac3223e40623ce/1587935713163-145DNF2XG9GH9ADEUW8Q/thisisengineering-raeng-8yS04veb1TQ-unsplash.jpeg Parts of An Appraisal - Methods & Approaches All appraisals must consider the three approaches to value: Cost, Income, and Market. Not all the approaches will be used depending on the circumstances of your appraisal. The methods used in your appraisal should give you a basic idea of how your assets were valued. Did they consider the replacement cost and depreciate it down, or did they consider the adjusted market comparable, or did they use a discounted cash-flow? Sometimes a certain approach is not able to be performed within the scope of an appraisal. Make sure to discuss with your appraiser what aspects of value might be missing if a certain approach is considered but not utilized. https://www.valueinuse.com/replacement-vs-reproduction daily 0.75 2020-09-26 https://images.squarespace-cdn.com/content/v1/5e2df926c0ac3223e40623ce/1588475107335-P5V2U84VTPEXEY5TODKX/mael-balland-Tjo91_O8yMo-unsplash.jpeg Replacement vs Reproduction One of a kind https://images.squarespace-cdn.com/content/v1/5e2df926c0ac3223e40623ce/1588475146879-CP5UBP50CT68S389UZUA/waldemar-brandt-Xlc8HG_FB2k-unsplash.jpeg Replacement vs Reproduction One of many https://www.valueinuse.com/fair-values daily 0.75 2020-09-26 https://images.squarespace-cdn.com/content/v1/5e2df926c0ac3223e40623ce/1591903936038-E88F3L89UBS5CQ5L7BLQ/20140301_Trade-151_0124-copy.jpg Fair Values https://images.squarespace-cdn.com/content/v1/5e2df926c0ac3223e40623ce/1591904069490-KUI2Y3LF2FMZ8FSPY4TP/image-asset.jpeg Fair Values https://images.squarespace-cdn.com/content/v1/5e2df926c0ac3223e40623ce/1591832626823-KNXCKKF9CS1ZDXYS8R3V/image-asset.jpeg Fair Values https://www.valueinuse.com/samples daily 0.75 2020-06-12 https://www.valueinuse.com/liquidations daily 0.75 2021-01-10 https://images.squarespace-cdn.com/content/v1/5e2df926c0ac3223e40623ce/1592176690922-M2903PORVQ2UCJGB1PJY/image-asset.jpeg Liquidations - Orderly Liquidation Value Orderly Liquidation is often the amount that banks plan on if they ever were to receive an asset through foreclosure or return of a lease. This is the appropriate value for a bank to consider internally, even if the contracts protect Fair Market Value. A bank is not a market participant and can not hold the asset; therefore, they are naturally disadvantaged when entering the marketplace. The eventual buyer is aware of the compulsion that the bank must sell the asset in a certain period of time. Orderly Liquidation is also used in various tests for financial reporting and other interesting Fair Market Value tests. https://images.squarespace-cdn.com/content/v1/5e2df926c0ac3223e40623ce/1592175635703-WFOWBCKXO96726885DT4/image-asset.jpeg Liquidations - Forced Liquidation Value Forced Liquidation Value is the most extreme of marketable situations for an asset. These values are typically provided for quick sales and auctions of plants during sudden closures. Banks also request these values for transactions that are subject to some of the following concerns, which might make OLV unobtainable. Historically volatile markets such as Oil & Gas Equipment Overproduction changing marketshare dynamics Format Wars Innovative technologies causing shorter lifecycles Niche Markets Just because a Forced Liquidation Value is being requested does not mean the equipment isn’t worth the investment. If your banker is requesting FLV, talk to them directly about their concerns. Often the more information you can provide, the better the financing relationship. https://www.valueinuse.com/new-page daily 0.75 2022-05-14