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BEWARE
Of Unsubstantiated Values! Not all Appraisal Reports Are Equal! When it comes to business, at some point in time, you will probably need to know the true value of the machinery and equipment. Since the answer to that question often affects an important decision, it makes good business and financial sense to utilize a professional appraiser.
There are no substitutes! 99.9% of appraisal reports fail to accurately value the tangible assets. Why? That's a great question, and we're glad that you asked. Inaccurate appraisals are not uncommon, and they can cause serious consequences to your business, as can reliance upon any one of the following methods to determine the value of capital equipment. How many of these methods do you currently use?
Are you surprised to learn that all three methods are inaccurate
and filled with liability? If an Appraisal Report is based on
guessing, relying on book value, or relying on a word of a non-certified person who may have a "hidden" agenda,
the Report will not hold up scrutiny because it lacks substantiation. Not only can values not be substantiated,
but the Report itself is not written to reflect the approaches to value, market conditions, photographs and required substantiation
that a USPAP Report contains.
McHenry & Murphy, LLC delivers an accurate, irrefutable, defensible, and
descriptive Certified Machinery & Equipment Appraisal Report that includes photographs, model and serial numbers, and
other descriptive information that will withstand scrutiny. Our assignment of value
is based on extensive research, personal inspection, and contact with manufacturers and suppliers to determine what items
are really worth.
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