APPRAISALS TAILORED FOR YOU

Tru-Forward has the expertise you need to ensure your assets are appraised accurately. We provide custom appraisals based on extensive research and analysis to consistently meet a high standard of service.

Some reasons you may need an appraisal to accurately assess the market value of your assets are, if you are considering:

  • Purchasing / Selling
  • Financing / Refinancing
  • Insurance coverage
  • Business strategic planning
  • Bankruptcy
  • Creating or adjusting your will
  • Accounting
  • Buying out an investor in your company
  • Liquidation
  • Replacement

What is Included in the Appraisal

During the course of our appraisal, you will be provided with a free phone consultation, and if required, we will follow up with the appraisal which includes:

  • a detailed list of all assets appraised
  • appraisal research
  • a picture of each item
  • the individual and full value of all assets appraised
  • an identification numbers for each item (if available)

LET’S GET TECHNICAL

What is an appraisal for us?

An appraisal is a valuation of the market value of material goods, where a report is then created by an appraiser, stating his reasoning behind every valuation in the appraisal.

The types of appraisals we do:

Fair Market Replacement Value (FMRV):

FMRV is the current retail cost of an asset, such as a similar new asset having the nearest equivalent utility as the asset being appraised, conveyed in terms of local currency. It is most appropriate for instances where there is no urgency to sell.

Fair Market Value (FMV):

FMV is the estimated appraisal value of an asset conveyed in terms of a specific currency, which may reasonably be expected in an exchange between a willing buyer and a willing seller. It is comprised of equity for both parties, neither being under pressure to buy or sell, both parties are fully informed on all relevant facts, and as of a specific date. It is most appropriate where there is no urgency to buy or sell.

Leasehold Improvement Value (LIV):

LIV is the renovation value of a space(s) owned conveyed in terms of local currency.  It is most appropriate where there is no urgency.  

Orderly Liquidation Value (OLV):

OLV is the estimated value of an asset conveyed in terms of local currency, which could typically be executed by way of a liquidation sale. It generally involves a reasonable timeframe to find a purchaser, the seller being required to sell on an “as-is condition / where-is location” basis, and as of a specific date. It is most appropriate where there is urgency to sell but with a reasonable amount of liquidation time.

Forced Liquidation Value (FLV):

FLV is the estimated value of an asset conveyed in terms of local currency, which could typically be executed by way of advertising the asset through a public auction. It generally involves the seller being required to sell on a “as-is condition / where-is location” basis, and as of a specific date. It is most appropriate where there is absolute urgency to sell and everything must go.

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LET’S WORK TOGETHER

We look forward to working with you to tailor our services to your needs and give you the highest quality advice and service!

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