Appraisals

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Schneider Industries is proud to have on staff a member of
The Association of Machinery and Equipment Appraisers

The Association of Machinery and Equipment Appraisers (AMEA) is a nonprofit professional association which accredits and certifies appraisers of machinery and equipment. Accredited appraisers must have a minimum of three years of buying, selling and appraising experience. Certified appraisers must have at least five years of experience

Established in 1983 by members of the Machinery Dealers National Association , the association has nearly 300 members around the world.
The foundations of AMEA are its Code of Ethics and Standards and Procedures of Professional Appraisal Practice. The Standards and Procedures of Professional Appraisal Practice conform to the Uniform Standards and Procedures of Professional Appraisal Practice established by The Appraisal Foundation.

We understand the supply and demand chain of used machinery and it's functionality in current market trends. Schneider Industries utilizes current sale comparisons of similar equipment as well as replacement costs when necessary in order to provide you with current market valuation conditions. This translates into the most current and updated equipment valuations reports possible for our clients.

Schneider Industries assists banks, lending institutions leading corporations, attorneys, accountants, venture capital groups, executives and government agencies. For 20 years, we have worked in the market and evaluated its fluctuations. Today we combine this cumulative knowledge to provide our clients with the latest technology in our reports.

DEFINITION OF VALUES

MARKET VALUE (FAIR MARKET VALUE)
A professional opinion of the estimated most probable price expressed in terms of cash in U.S. dollars 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.

MARKET VALUE - IN PLACE
A professional opinion of the estimated most probable price expressed in terms of cash in U.S. dollars 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)
A professional opinion of the estimated most probable price expressed in terms of cash in U.S. dollars 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 cash in U.S. dollars 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 report. 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 value indicated.

DESKTOP OPINION
A professional opinion of the appropriately defined value, expressed in terms of cash in U.S. dollars to be realized by the sale of equipment, 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 an appraisal and should not be used as an appraisal and is not recommended for use in credit decisions. A desktop opinion is used to determine the need for an appraisal or the scope of an appraisal.