Appraisals – Construction Equipment for Sale
Why are Appraisals Important?
The business and financial worlds have undergone constant change over the past few years. Financial institutions and business owners are demanding a heightened awareness of the values of their customers or their own assets. This data and knowledge it provides is crucial to help develop their strategies for growth and success. Current and accurate information is important to help deal with standard and accelerated depreciation, market value, bonding, insurance, and cash flow management.
How can DSA Help?
Don Smock Auction Company, Inc. has been preparing appraisals for more than 40 years throughout the Midwest. We have done appraisals for numerous business owners, banks, other financial institutions, bankruptcy courts, accounting firms and attorneys. Here are a few financial institutions we have had the pleasure to work with: Old National Bank, First Merchants Bank, Mainsource Bank, 1st Source Bank, Star Financial Bank and many more. Some of the business we have worked with include: Atlas Excavating, Milestone Contractors, LLC, Gradex, Inc. and many more.
DSA has multiple staff members who have graduated with their GPPA designation and that are USPAP compliant. This allows us to manage multiple projects, and meet or exceed requirements necessary to appraise assets in a knowledgeable, professional, and timely, manner. The combination of our extensive appraising experience, GPPA and USPAP Credentials assure our clients that our inspections and appraisal reports are accurate and can be counted on. We have experienced exponential growth in the demand of appraisal requests including both the asset and lending side of the financial industry and we see that trend continuing.
Reasons for Appraisals:
- Secure Loans
- Determine if it Should be Sold
- Settle Estate Disputes
- Establish or Abolish Partnerships
- Determine Tax Liability
- To Determine Insurance Rates, or Pay Claims
- Simple Curiosity
Contact DSA for appraisals for all of your heavy equipment and construction equipment for sale.
I am writing to recommend the services of Don Smock Auction. STAR Financial Bank has been utilizing Smock equipment auctions for appraisals for several years and have been very satisfied with the results and communication. I have no doubt the Smock Auction group would be an asset to your organization. I offer my highest recommendations.
STAR Financial Bank
The whole appraisal process was painless to me and I felt like those were numbers you were going to work hard to get for us.
Keith A Mullens II
Berns Construction, LLC
I just wanted to send a brief note thanking you for all for your help with our recent appraisals. You and Matt Scalf have been a big help to us. Both of you have been very professional and a pleasure to work with. We are impressed with not only your turnaround time and content within the appraisals, but also your overall knowledge and expertise in giving us quality work within these very tough equipment appraisals of recent.
When we do run into any trouble or have the need of appraising any more equipment you will be at the top of our list. Thank you again for all your hard work.
First Bank Richmond
I wanted to send you this brief noting thanking you for your help on appraising and liquidating my assets earlier this year. I am pleased with the quality of work and the timeliness of both projects. The accuracy of the appraisal helped make my decision. You and your staff did an excellent job structuring the auction to provide us with the best chance of a successful result. We understand the limited market on our boring machines and were very pleased with your marketing to pull in the right numbers. As always, I found everyone at Don Smock Auction Company to be extremely professional and great to work with, and look forward to engaging your firm in the future of appraisal and auction work.Stephen L. Corbitt
Corbitt & Son's Construction Co., Inc.
I wanted to take this opportunity to thank you and your company for the outstanding job in helping us to sell our equipment at your recent auction. I know you had to go to great lengths to recover much of the equipment. I know your repossessions efforts were under many less than desirable conditions. The weather was miserable, and I know several of the individuals you dealt with were not excited to see you. Your ability to negotiate the locations and retrieval of several of our larger pieces of equipment was terrific. I am confident we would not have located all of these pieces without your assistance.
Although we prefer not to have the need to repossess equipment in the future, you can rest assured you will be called upon if needed. Thank you again for your efforts.
First Farmers Bank & Trust