Perry-Payne appraisal services ultimately result in the preparation of a written USPAP-compliant appraisal report which includes:
Vehicle condition description and history
Background and market information
We offer three distinct service levels to meet your needs, varying by circumstance and location: on-site appraisal, remote appraisal and pre-purchase inspection. If you feel your situation doesn’t fit into one of these categories, contact us with more information.
The process begins with a discovery conversation regarding the purpose for the appraisal, property involved, and pertinent dates – the essential elements of information. Given this data, we’ll prepare a letter contract describing the appraisal scope of work, intended use of the appraisal, type of value, general client expectations and related fees. Once accepted, we will schedule a time to inspect the vehicle(s), note the condition and capture photos. We will also copy any associated documentation, such as title, insurance documents or ownership history. Finally, we will spend any time needed to fully explain the report and answer any questions which you may have.
In certain cases, it may not be economically feasible to travel to the location where the subject vehicle is housed for the purpose of determining its condition and taking photos. In such cases, we can work with the client and provide a photography guide to enable the client to perform the photography which we will use in developing a condition description as a basis for the USPAP-compliant appraisal report.
In situations where an individual is interested in purchasing a classic or collectible vehicle (and especially if the prospective purchaser is located a considerable distance from the vehicle for sale), we will schedule a visit to inspect and photograph the vehicle for sale and provide the prospective purchaser with a comprehensive written report noting the condition, findings and observations relative to the vehicle.
Worth its weight in expertise
There is often a lot riding on a professional appraisal report. You may be required to produce one for estate planning, charitable contributions, estate or gift tax preparation liabilities, insurance or damage and loss claims, equitable distributions, fair rental and sale decisions, collateral loans, tax audits (foundations), and legal disputes. This is not the time to pinch pennies and settle for an amateur.