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NON-INSPECTED EQUIPMENT APPRAISAL

Non-inspected Equipment Appraisals {Originally termed a DESK TOP APPRAISAL, (description now dis-allowed by USPAP)} are provided at a lower cost; however a physical inspection is not conducted. The appraiser relies solely on the information provided by the client or other sources. The line items and information cannot be physically verified by a site inspection, and therefore may be perceived by the intended user of the appraisal to be less reliable and not as credible as an appraisal that includes a physical inspection. This type of appraisal is best suited for a client who is both the owner and intended user of the report, and the intended use is for internal purposes. When a third party is an intended user it is more credible to conduct an inspected appraisal report.