appraisals

Appraisers and Appraisal Companies

We offer assistance to appraiser in need of expert opinions to assist with due diligence. We can evaluate entire plants or focus on individual pieces of equipment. We can assist in onsite inspections or work with the information and photos you provide.

If you’re appraising a plant with plastics processes that you are unfamiliar with, call us in advance. We’ll give you a one-on-one mini-seminar about the process and explain what information is necessary to gather for valuation purposes. We can tailor our fees and services to mirror what your needs and budget allow.

End-Users and Banks

In the current market, an accurate appraisal is critical for owners, managers, lenders and investors. PlastiWin can evaluate entire plastic processing plants or individual pieces of equipment for refinancing, budget allocation, leasing, or any other numerous reasons that you need to know what your equipment is worth.

Whether you need a desktop appraisal or an onsite inspection we can provide a report to match your needs and budget.

Appraisal Valuation Definitions

Fair Market Value – Removal

A professional opinion of the estimated most probable price expressed in terms of currency to be realized for property in an exchange between a willing buyer and a willing seller, with equity to both, neither being under any compulsion to buy or sell, and both parties fully aware of all relevant facts as of the effective date of this appraisal report. This assumes the buyer will remove the property.

Fair Market Value – In Place

A professional opinion of the estimated most probable price expressed in terms of currency to be realized for property in an exchange between a willing buyer and a willing seller, with equity to both, neither being under any compulsion to buy or sell, and both parties fully aware of all relevant facts, as installed for intended utilization, as of the effective date of this appraisal report.

Forced Liquidation Value (Auction Value)

A professional opinion of the estimated most probable price expressed in terms of currency which could typically be realized at a properly advertised and conducted public auction sale, held under forced sale conditions and under present day economic trends, as of the effective date of the appraisal report. Conclusions taken into consideration are physical location, difficulty of removal, physical condition, adaptability, specialization, marketability, overall appearance and psychological appeal. Further, the ability of the asset group to draw sufficient prospective buyers to insure competitive offers is considered. All assets are to be sold on a piecemeal basis ‘as is’ with purchasers responsible for removal of assets at their own risk and expense. Any deletions or additions to the total assets appraised could change the psychological and or monetary appeal necessary to gain the price indicated.

Orderly Liquidation Value

A professional opinion of the estimated most probable price expressed in terms of currency which the subject equipment could typically realize at a privately negotiated sale, properly advertised and professionally managed, by a seller obligated to sell over an extended period of time, usually within six to twelve months, as of the effective date of the appraisal. Further, the ability of the asset group to draw sufficient prospective buyers to insure competitive offers is considered. All assets are to be sold on a piecemeal basis ‘as is’ with purchasers responsible for removal of assets at their own risk and expense. Any deletions or additions to the total assets appraised could change the psychological and/or monetary appeal necessary to gain the price indicated.

New Replacement Cost Value

A professional opinion of the cost expressed in terms of currency, F.O.B. the manufacturer’s plant, to purchase a new item of like quality and specifications. If such an item is unavailable, the appraiser has used his or her best judgment in estimating a value as of the effective date of the appraisal.

Desktop Opinion

A professional opinion of the appropriately defined value, expressed in terms of currency to be realized by the sale of assets, in which the opinion is generated from lists and/or other informational materials supplied to the appraiser and evaluated without the benefit of an actual on site inspection. This opinion is not recommended for use in credit decisions. A desktop opinion should be used to determine the need for an appraisal or the scope of an appraisal.