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We
Specialize in Litigation Valuation
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While
we provide appraisals for virtually all of the most common
reasons appraisals are |
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we also specialize in the most demanding area in the appraisal
industry; litigation |
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and expert testimony. |
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We
have decades of experience preparing defensible appraisals
and reports, as well |
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as providing competent expert testimony in various federal,
state and local jurisdictions. |
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And,
in addition to providing appraisals and reports, we will also
make critical analyses |
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of your adversary's appraisal reports, commonly called appraisal
reviews. Our on-point critical |
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insights provide valuable information in preparation of effective
cross-examination of your |
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adversary's valuation expert; an invaluable asset in every
litigation. |
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Our
litigation expertise includes property
tax appeals, eminent
domain, condemnation |
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physical or inverse
/ regulatory),
bankruptcy, foreclosure, forced liquidation, divorce, |
| corporate
dissolution, partnership / stockholder disputes, contractual
disputes, and the like. |
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So,
no matter why you may need an appraisal, and no matter how
complex your problem |
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your property, you'll find the expertise at Global Valuations
second to none. |
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MINES
& QUARRIES |
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Market
Value of the Whole Entity: This analysis estimates the value of
the whole business entity, including value contributions from the mineral
reserves in-place, the machinery & equipment in-place, all rolling
stock, unsold inventory, and any value from additional lands outside
of the permitted mining area. This value also considers the intangible
value contributions from the management team.
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The
results of this analysis is generally used to obtain an indication of
the whole entity and the synergistic benefit from all of the individual
components acting as a single economic unit. This type of appraisal
is commonly used to obtain financing, consideration of sale / purchase
decisions, as well as stockholder valuation interests, just name a few.
TAKE
NOTE: As a result of the combination of real and personal property,
the real property definition of Market
Value is applied to the real estate, with the personal property
definition of Market Value In-Place
being applied to the non-rolling stock, while the personal property
definition of Market Value (Fair
Market Value) is applied to the rolling stock.
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Market
Value of the Mineral Reserves (Value of the Land): This considers
the value of the mineral reserves in-place and indicates the value of
the land as if being used as a mineral extraction property.
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The
results of this analysis has several uses, including 1) determining
the economic feasibility of developing a property for mineral extraction
when compared to the land's value under other reasonably probable
alternative uses, 2) determining the economic benefit to the land
owner under a royalty lease agreement, or 3) determining the contributing
value of the mineral reserve to the value of the whole entity when
seeking to isolate the value of the business going-concern. This method
is also beneficial for purposes of property tax assessment appeals
where the assessment is based upon the value of the real estate.
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Value
the Processing Plants, Asphalt Plants, Redi-Mix Plant, and the Machinery
& Equipment: We can separately appraise the various values
of the any of the individual components on, or associated with your
mining operation. Appraising these components are useful when either
selling or leasing them to another entity, seeking the contributing
value in-place, or a liquidation value (orderly or forced) in the dissolution
of a particular site or entire company.
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MACHINERY & EQUIPMENT: |
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At
Global Valuations, we recognize there are a variety of needs for which
an appraisal is either desired or required in connection with machinery
& equipment. In dealing with these myriad circumstances, we have
tried to address all of those circumstances by listing the various definitions
of value, as defined by the American Society of Appraisers, covering
the spectrum of circumstances.
However,
if, after considering these definitions you still have questions about
your particular circumstance, please contact us by calling or by e-mail,
and we'll be happy to address your particular need.
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Fair
Market Value is the estimated amount, expressed in terms of money,
that may be reasonably expected for a property in an exchange between
a willing buyer and a willing seller, with equity to both, neither under
any compulsion to buy or sell, and both fully aware of all relevant facts,
as of a specific date. |
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Fair
Market Value in Continued Use is the estimated amount, expressed in
terms of money, that may reasonably be expected for a property in an exchange
between a willing buyer and a willing seller, with equity to both, neither
under any compulsion to buy or sell, and both fully aware of all relevant
facts, including installation, as of a specific date, and assuming that
the earnings support the value reported. (This amount includes all normal
direct and indirect costs to make the property fully operational and may
not readily pertain to aircraft.) |
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Fair
Market Value - Installed is the estimated amount, expressed in terms
of money, that may reasonably be expected for an installed property in
an exchange between a willing buyer and a willing seller, with equity
to both, neither under any compulsion to buy or sell, and both fully aware
of all relevant facts, including installation, as of a specific date.
(This amount includes all normal direct and indirect costs, such as installation
and other assemblage costs, to make the property fully operational but
does not have to be supported by the business earnings.) |
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Fair
Market Value - Removal is the estimated amount, expressed in terms
of money, that may reasonably be expected for a property, between a willing
buyer and a willing seller, with equity to both, neither under any compulsion
to buy or sell and both fully aware of all relevant facts, as of a specific
date, considering the cost of removal of the property to another location. |
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Liquidation
Value in place is the estimated gross amount expressed in terms of
money that could typically be realized from a failed facility, assuming
that the entire facility would be sold intact within a limited time to
complete the sale, as of a specific date. |
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Orderly
Liquidation Value is the estimated gross amount expressed in terms
of money, that could be typically realized from a liquidation sale, given
a reasonable period of time to find a purchaser(s) with the seller being
compelled to sell on an as-is, where-is basis as of a specific date. |
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Forced
Liquidation Value is the estimated gross amount expressed in terms
of money that could be typically realized from a properly advertised and
conducted public auction, with the seller being compelled to sell with
a sense of immediacy on an as-is, where-is basis, as of a specific date. |
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Salvage
Value is the estimated amount expressed in terms of money that may
be expected for the whole property or a component of the whole property
that is retired from service for use elsewhere, as of a specific date. |
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New
Replacement Cost Value: A professional opinion of the estimated most
probable price expressed in terms of cash in US dollars, F.O.B. the manufacturers
plant, to purchase a new item of the like quality and specification. If
such an item is unavailable, the appraiser has used his or her best judgment
in estimating a value as of the effective date of the appraisal. |
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Scrap
Value is the estimated amount expressed in terms of money that could
be realized for the property if it were sold for its material content,
not for a productive use, as of a specific date.
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MARINAS |
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Market
Value of the Whole Entity: This analysis estimates the value of the
whole business entity, including value contributions from annual membership
dues, slip / mooring rents, contributing value of the machinery &
equipment in-place, value contribution from food service, banquet facilities
and other concessions, value contribution from sales from all sources,
including repair, maintenance and winterization service charges, value
unsold inventory, and any value from additional lands and/or services
outside of the immediate area of the marina. This value also considers
the intangible value contributions from the management team. |
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The
results of this analysis is generally used to obtain an indication of
the whole entity and the synergistic benefit from all of the individual
components acting as a single economic unit.
TAKE
NOTE: As a result of the combination of real and personal property,
the real property definition of Market
Value is applied to the real estate, with the personal property definition
of Market Value In-Place being
applied to the non-mobile equipment, while the personal property definition
of Market Value (Fair Market Value)
is applied to the mobile equipment.
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Market
Value of the Underlying Real Estate: This analysis solely considers
the value of the real estate, being the land both above and under water
(if owed or leased), as well as all of the real estate improvements, such
as permanent buildings and structures that are not considered business
equipment. |
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The
results of this analysis has several uses, including 1) determining
the economic feasibility of developing a property for use as a marina
when compared to the land's value under other reasonably probable alternative
uses, or 2) determining the contributing value of the real estate to
the value of the whole entity when seeking to isolate the value of the
business going-concern. This method is also beneficial for purposes
of property tax assessment appeals where the assessment is based upon
the value of the real estate.
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Appraise
the Dock Systems, Cranes, Cradles, Bubblers, and other Machinery &
Equipment: We can separately appraise the various values of the any
of the individual components on, or associated with your marina operation.
Appraising these components are useful when either selling or leasing
them to another entity, seeking the contributing value in-place, or a
liquidation value (orderly or forced) in the dissolution of a particular
site or entire company.
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Golf
Courses & Golf Related Uses |
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Market
Value of the Whole Entity: This analysis estimates the value of
the whole business entity, including value contributions from annual membership
dues, greens fees equipment rentals, clubhouse facility rentals, value
contribution from food service, banquet facilities and other concessions,
contributing value of the machinery & equipment in-place, contribution
from clubhouse sales from all sources and equipment repairs, value unsold
inventory, and any value from additional lands and/or services outside
of the immediate area of the main golf course. This value also considers
the intangible value contributions from the management team. |
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The
results of this analysis is generally used to obtain an indication of
the whole entity and the synergistic benefit from all of the individual
components acting as a single economic unit. TAKE NOTE: As a result
of the combination of real and personal property, the real property definition
of Market Value is applied to
the real estate, with the personal property definition of Market
Value In-Place being applied to the non-mobile, while the personal
property definition of Market
Value (Fair Market Value) is applied to the mobile or moveable equipment,
as well as the furnishings, fixtures and equipment. |
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Market
Value of the Underlying Real Estate: This analysis solely considers
the value of the real estate, being the land, as well as all of the real
estate improvements, such as permanent buildings and structures that are
not considered business equipment. |
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The
results of this analysis has several uses, including 1) determining
the economic feasibility of developing a property for use as a golf
course when compared to the land's value under other reasonably probable
alternative uses, 2) determining the economic feasibility of developing
part of the land for golf course associated with other complimentary
uses, such as residential development, when compared to the land's value
under other reasonably probable alternative uses, or 3) determining
the contributing value of the real estate to the value of the whole
entity when seeking to isolate the value of the business going-concern.
This method is also beneficial for purposes of property tax assessment
appeals where the assessment is based upon the value of the real estate.
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Appraise
the Course Watering System, Course Maintenance Equipment, Clubhouse
FF&E, Restaurant / Banquet Facility FF&E, and other Machinery
& Equipment: We can separately appraise the various values
of the any of the individual components on, or associated with your
golf course operation. Appraising these components are useful when either
selling or leasing them to another entity, seeking the contributing
value in-place, or a liquidation value (orderly or forced) in the dissolution
of a particular site or entire company.
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Real
Estate |
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At
Global Valuations, we're experts in the valuation of all types of commercial
and industrial real estate uses. All of our appraisals are made
in compliance with the Uniform
Standards of Professional Appraisal Practice (USPAP) of the Appraisal
Foundation, and all appraisals are made by highly experienced experts
regarding your particular type of property. And, all of our experts
are Certified General Real Estate Appraisers (the highest level of appraisal
license anywhere) and are properly licensed in each state in which your
real estate may be located.
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PLEASE
TAKE NOTE,
that in addition to all of the typical needs for getting an appraisal,
we specialize in the very demanding area of litigation valuation and
expert testimony. We have specialized expertise in property tax appeals,
condemnation, bankruptcy, divorce, corporate dissolution, contractual
disputes of all types, IRS matters, as well as zoning and other issues
related to property use. |
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Feasibility
Study:
We can provide you with an analysis that will prove or disprove the economic
viability of a single or multiple existing or potential uses. Having factual,
unbiased market data analyzed by our experienced feasibility specialists
can save you tens of thousands of dollars in unnecessary pre-engineering,
architectural, and legal expenses. |
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Investment
Analysis:
This study will provide solid evidence of the economic performance of
your investment property, and contrast it's performance to the standard
of economic performance in it's class, as well as contrasting it to the
economic performance of other types of property. Our investment analysis
can tell you if it's time to sell, at what price, how to sell without
incurring capital gains taxes, and what type of property in which to reinvest.
We can literally save you tens, if not hundreds of thousands of dollars. |
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Estate
Planning: One of the most neglected areas by most real estate investors
is planning their future in the event of their premature death, or in
the event of a very long life. Valuing your real estate annually in accordance
with an annual review of your estate plan will provide you the best insurance
for you and your loved ones, no matter what the future bring. |
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Highest
and Best Use Analysis:
Should you build a 30,000 square foot 3-story office building for multi-tenant
use, or should you build a 50,000 square foot 4-story building with
retail on the first floor and residential on the upper floor? A highest
and best use analysis will provide you with that answer, and show you
exactly the difference in the economic benefit of each.
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Lease
Analysis:
How much should you charge for rent? What quality of tenant should you
reasonably anticipate will lease the property? How long will it take
to get the tenant? And, how much should you expect to spend for tenant-related
construction costs?
Our lease analysis can save you valuable time, and money.
A
day of lost rent is lost forever. Don't waste your time listening to
people whom may have hidden reasons for giving you free advise. REMEMBER,
advice is usually worth exactly what you pay for it.
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©
2004- 2006 Global Valuations. All Rights Reserved.
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