AMEA Certified Appraiser
This week I'm brushing up on my appraisal skills by attending the AMEA conference. I'll be taking the 7-hour USPAP refresher course as well as other classes to expand my knowledge to serve our customers better. We are always striving to produce quality machinery and equipment appraisals...
Continue readingAsset-Based Lending and Appraisals
Asset-based Lending (ABL) and appraisals are closely linked. Finance companies and banks that are loaning money based on a companies assets need to know what the assets are worth. While the appraiser is not an advocate for the bank or an advocate for the company, he or she is an impartia...
Continue readingPlastic Equipment Insurance Evaluations
How do you evaluate your equipment if it's been damaged and you need to make an insurance claim? If it's plastics equipment, you can ask Arlington Plastics Machinery for an equipment appraisal, repair estimate or offer on the equipment. You insurance company wants to pay you for what you are owed...
Continue readingWhat Are the Guidelines to an AMEA Appraisal?
Standards and Procedures of Professional Appraisal Practice as taken from the AMEA website. The Association of Machinery and Equipment Appraisers (AMEA) recognizes the importance of the Uniform Standards of Professional Appraisal Practice (USPAP). All members are required to become familiar with...
Continue readingResponsibilities of an AMEA Appraiser
Using an AMEA Appraiser on your machinery and equipment appraisal project gives you access to an accurate report because of the responsibilities of the appraiser. Following are those responsibilities: • Perform with objectivity and independence. • Must not disclose confidential data from a report...
Continue readingAppraisal Depreciation Definitions
The value for machinery and equipment in an appraisal will be based on depreciation. Depreciation is defined as the actual loss in value or worth of a property from all causes including those resulting from physical deterioration, functional obsolescence, and economic obsolescence. Phys...
Continue readingHow to Order an Accurate Machinery & Equipment Appraisal
How to Order an Accurate Plastics Machinery & Equipment Appraisal There are several options for machinery and equipment appraisals . It is a good idea to know a little bit about what is involved in an appraisal before you request a quote from an appraiser. A good appraiser should be able to a...
Continue readingUSPAP Compliant Appraisals
We offer USPAP compliant machinery and equipment appraisals for banks and end-users. USPAP is the Uniform Standards of Professional Appraisal Practice that sets the quality control standards for the appraisal industry. David Pietig is an AMEA accredited appraiserand handles all the appraisal depar...
Continue readingAMEA Accredited Appraiser on Site
Arlington Plastics Machinery has an AMEA accredited appraiser on site to appraise all types of plastic process equipment. We can help your company determine the value of your equipment for asset disposition, insurance values, acquisitions, tax assessments or investment recovery . As a leader in plas...
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