FAQ header



How much does an appraisal cost?
How long does it take?
Is an “on-site” appraisal preferred, and why?
What area do you serve?
What types of equipment do you appraise?
Why choose a CCS certified appraiser?
Who uses CCS certified appraisers?
Who performs the appraisal and how are they certified?
What does the final report look like?
Why would a business partner want a certified appraisal?
What types of reports do you deliver?
Types of Appraisals
Types of Analysis
What are Community Commercial Services’ qualifications?
What about privacy and confidentiality?
How are appraisals transmitted?
What is USPAP?

 

How much does an appraisal cost?

CCS’ costs are the best value because CCS keeps your budget and that of your customer in mind.

Two factors determine appraisal costs:

  • Whether you choose an “on-site” evaluation or a “desktop” appraisal; and
  • How much equipment is to be appraised.

On-site evaluation costs are based on the number of capital items to be appraised and valued. Capital items are those (valued) in excess of $5,000.00, and our fee is based on the number of those assets. Furniture & fixtures, electronic equipment and shop tools are valued free as part of this service. Select pieces, general assemblies or entire facilities can be appraised. Call for a free quote!

Desktop appraisals can cost less, but the appraiser must be provided all necessary information regarding the equipment such as manufacturer, type, year, model number, photographs, etc. These items are appraised on a case by case basis. Call for a free quote!

 

How long does it take?

Without complications, CCS has a quick turn-around time depending on the scope of the appraisal.  After the on-site evaluation, the report is usually turned around within 2 weeks.  The same turn-around time is offered with desktop appraisals.

 

Is an “on-site” appraisal preferred, and why?

Yes.  CCS believes that an on-site appraisal is an important part of determining fair market value.  A desktop inspection may save costs but may also cause problems if the actual machinery is not physically verified.  On-site appraisals give physical evidence from a third party as to condition, existence and value.  These, among other benefits, confirm the preference of on-site work to that of a desktop.

 

What area do you serve?

CCS serves clients all across the US and Canada.

 

What types of equipment do you appraise?

A brief list of the types of equipment we are comfortable appraising can be found under the tab “Business Types We Appraise”.

 

Why choose a CCS certified appraiser?

CCS appraisers are USPAP and SBA compliant and have many years of experience in various industries. They have attained numerous certifications and been approved by a body of their peers. They uphold the highest standards of professionalism and ethics. Only certified appraisals hold up to the scrutiny of the IRS, bank examiners and the courts. Don’t be caught with less than a CCS certified machine and equipment appraisal!

 

Who uses CCS certified appraisers?

  • Bankers/Lenders
  • Attorneys
  • CPAs
  • Business Owners
  • Insurers

 

Who performs the appraisal and how are they certified?

Community Commercial Services has a team of highly qualified and professional appraisers who are all certified by the National Equipment and Business Brokers Institute.

 

What does the final report look like?

The final report is a beautifully-bound book displaying a professional look and our seal of certification.  Your appraisal will stand up to bank examiners, the courts and the revenue service (IRS). Our report is as strong as it can get, is very effective, and is irrefutable.

 

Why would a business partner want a certified appraisal?

There are several reasons a business owner might want an appraisal that is certified.  Accountant “Book” values are not market values. How much a piece of machinery is really worth is determined by the market. If you are buying or selling a business or becoming a partner in a business already established, it is good to know the exact values of the tangible assets.

 

What types of reports do you deliver?

Community Commercial Services delivers reports consistent with the scope of the engagement and your unique business needs.

 

Types of Appraisals

  • Summary Certified Appraisals
  • Desktop Summary Appraisals

 

Types of Analysis

  • Fair Market Value
  • Orderly Liquidation Value
  • Forced Liquidation Value

 

What are Community Commercial Services’ qualifications?

Please click on the following link to view our qualifications: Qualifications

 

What about privacy and confidentiality?

Our Code of Ethics allows only the “intended user” of the report to have access to information that is gained by the professional appraiser. We do not discuss or use your information in our marketing or other activities unless you specifically authorize us to do so in writing.

 

How are appraisals transmitted?

Beautifully bound copies of appraisals will be transmitted by FedEx overnight. Each will be certified by signature of a Certified Machine and Equipment Appraiser, which is required under the rules of USPAP. Electronic copies are also available.

 

What is USPAP?

Uniform Standards of Professional Appraisal Practice is the highest generally accepted performance level for equipment appraisal. The uniform standards are published bi-annually by the Appraiser foundation, authorized by Congress as the source of standards and appraiser qualifications.

 

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