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Frequently Asked Questions

 

What is the purpose of an appraisal?
An appraisal is a professional report which documents a reasoned conclusion of value for a specific purpose. An appraisal may be used in the process of planning your estate, obtaining insurance coverage, to settle a loss claim, to facilitate equitable distribution among heirs, for charitable contribution (donation), or for dissolution of marriage.  Please ask us about a Feasibility Analysis, performed to determine economic benefits of a sale, or sale versus charitable contribution.

How do I find a qualified appraiser?
The American Society of Appraisers' website allows you to search for qualified appraisers by geographic location. You may visit the ASA website at: www.appraisers.org. ASA is an international organization of appraisal professionals and others interested in the appraisal profession. This professional society is the oldest and only major appraisal organization representing all of the disciplines of appraisal specialists. Information on the appraisal profession can be found here.

How long will it take to complete my appraisal?
Each assignment has unique circumstances. Factors that may determine the completion time of your project include: number of items to be addressed, the complexity of the market for each item category, or the verification of information sources. Ask our office for a personalized estimate of completion time.

How much will my appraisal cost?
You can review our fee schedule here. In accordance with professional ethics, our fees are based upon time and expenses, never on a percentage of the value of the items appraised.

What is the appraisal process?
Examination of your objects usually takes place in your home, or wherever the property is located. You are welcome to bring small collections to our Arcadia location. Please call for an appointment. The research process takes place over a period of several weeks after the collection has been properly measured, described, and photographed. We are available to travel nationwide for appropriate assignments.

What does the complete appraisal document include?
Our appraisal reports are bound documents that include: item identification and description, photographs, unbiased, substantiated opinions of value, analysis of markets selected, a Confidentiality Statement, glossary, bibliography and sources, and USPAP certification.

 
125 Wheeler Avenue  .  Suite H  .  Arcadia  .  California  91006  .  Phone:  626-445-2007  .  Fax:  626-445-4057  .  E-Mail Us

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