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Types Of Personal Property Appraisals
Types Of Personal Property Appraisals
Estate Appraisals
Estate Appraisals
ESTATES
One of the primary reasons people need a written valuation is for estates. Fair Market Value is employed for estate evaluations.
A valuation of the goods and chattels
may be required for probating a will
or the appraisal may encompass just one
or two pieces for equitable distribution.
Emotions are frequently more pronounced during a time of loss and an impartial professional can reduce
current and future tensions.
Insurance Appraisals
Insurance Appraisals
I recommend all my clients take a video on their phone of their household contents. This can be invaluable when reconstructing losses due to a calamity.
It is strongly recommended that you talk with your insurance broker prior to engaging an appraiser. Every plan is different and most clients do not require riders on individual items.
After a loss, photographs and videos can be invaluable in reconstructing values and I have successfully used these records for insurance claims in the past.
Divorce Appraisals
Divorce Appraisals
Divorce is a very stressful time
and can become very heated.
It is important that finances and
personal property are equitably dispersed
so that both parties can move on. Divorce appraisals can involve an entire household of items, trips to two households or just a report on a couple of pieces.
Fair Market Value is used for divorce valuations.
Bankruptcy Appraisals
Bankruptcy Appraisals
There are few things that are more difficult than declaring bankruptcy. Lenders may require proof that the value of personal property is minimal and cannot be claimed against any debt. Fair Market Value is used for bankruptcy appraisals.
Personal Interest Valuations
Personal Interest Valuations
Have you inherited an piece that Grandma told you was valuable. Is that Thrift Store find whispering its high value in your dreams. Sometimes you don`t need a specific reason to want to know what something is worth. All we need to know is whether you want to know its cash in hand value or what it would cost in a store or to replace it
Other Reasons To Use An Appraiser
Other Reasons To Use An Appraiser
There are many reasons you may require
to know the value of an object.
If you don`t fall into one of the preceding categories, we can discuss your interest and the best type of value(s) for your needs.
Want Another Opinion - Check Out Huffington Post
Want Another Opinion - Check Out Huffington Post
This article by Huffinton Post breaks down reasons to use
an appraiser and some of the criteria to use
when picking your professional.
Service Prices
Service Prices
Alison Ross Appraisals Ltd. charges an hourly fee. Alison has extensive education, auction and appraisal experience.
Alison is accredited through the Canadian Personal Property Appraisers Group.
The usual fee is $150/hour for time in the home as well as research.
Alison Ross Appraisals Ltd. charges an hourly fee. Alison has extensive education, auction and appraisal experience.
Alison is accredited through the Canadian Personal Property Appraisers Group.
The usual fee is $150/hour for time in the home as well as research.