Appraisals

Koster Industries, with offices in the New York area, is one of the leading industrial appraisal firms in the United States. We specialize in evaluating assets and Inventory in virtually every industry including construction, metal working, plastic, printing, rubber, food and chemical processing, woodworking, textile, pulp & paper, steel, stamping, fabricating, packaging and converting, plant support, material handling, tractors/trailers, pharmaceutical, jewelry manufacturing and aerospace.

Up-to-the-minute knowledge of current market values enables our staff of certified appraisers to thoroughly evaluate your assets. We pride ourselves in providing high quality, timely, competitively priced and accurate appraisals to our clients. Our dynamic team of professionals is prepared to deliver the expertise you deserve. We can perform field inspections covering multiple locations across the globe.

Our clients include Financial Institutions, Workout Consultants, Private Equity Firms, Venture Capital Firms, Insurance Companies and Corporations, as well as individuals. Let us add you to our growing list of satisfied clients

We can appraise assets in a wide range of values: Forced Liquidation Value, Orderly Liquidation Value, Fair Market Value and Fair Market Value – In Use/In Place. In addition, we can provide a Desktop Opinion (Uninspected Appraisal), if needed.

Please contact Russell Koster for all your appraisal needs.



Russell Koster

Email. russell@kosterindustries.com

Defined Terms

Forced Liquidation Value (Auction)

A professional opinion of the estimated most probable price expressed in terms of cash in U.S. dollars which the subject equipment could typically realize at a properly advertised and conducted public auction sale, held under forced sale conditions and under present day economic trends, as of the effective date of the appraisal report. Conclusions taken into consideration are physical location, difficulty of removal, physical condition, adaptability, specialization, marketability, overall appearance and psychological appeal. Further, the ability of the asset group to draw sufficient prospective buyers to insure competitive offers is considered. All assets are to be sold on a piecemeal basis “as is” with purchasers responsible for removal of assets at their own risk and expense. Any deletions or additions to the total assets appraised could change the psychological and/or monetary appeal necessary to gain the price indicated.

Orderly Liquidation Value

A professional opinion of the estimated most probable price expressed in terms of cash in U.S. dollars which the subject equipment could typically realize at a privately negotiated sale, properly advertised and professionally managed, by a seller obligated to sell over an extended period of time, usually within six to twelve months, as of the effective date of the appraisal report. Further, the ability of the asset group to draw sufficient prospective buyers to insure competitive offers is considered. All assets are to be sold on a piecemeal basis “as is” with purchasers responsible for removal of assets at their own risk and expense. Any deletions or additions to the total assets appraised could change the psychological and/or monetary appeal necessary to gain the value indicated.

Fair Market Value

A professional opinion of the estimated most probable price expressed in terms of cash in U.S. dollars to be realized for property in exchange between a willing buyer and a willing seller, with equity to both, neither being under any compulsion to buy or sell, and both parties fully aware of all relevant facts as of the effective date of this appraisal.

Fair Market Value - In Use/In Place

A professional opinion of the estimated most probable price expressed in terms of cash in U.S. dollars to be realized for property in exchange between a willing buyer and a willing seller, with equity to both, neither being under any compulsion to buy or sell, and both parties fully aware of all relevant facts, as installed for intended utilization, as of the effective date of this appraisal.

Uninspected Appraisal

A professional opinion of the appropriately defined value, expressed in terms of cash in U.S. dollars to be realized by the sale of the equipment, in which the opinion is generated from lists and/or other informational materials supplied to the appraiser and evaluated without the benefit of an actual on-site inspection. This opinion is not an appraisal and should not be used as an appraisal and is not recommended for use in credit decisions. A uninspected appraisal is used to determine the need for an appraisal or the scope of an appraisal.

Our experts can evaluate assets in such diverse industries as:

Metalworking
Fabricating
Stamping
Plastics
Rubber

Textile
Woodworking
Construction
Pulp & Paper
Aerospace

Trucks / Trailers
Cranes
Converting
Jewelry Manufacturing
Plant Support
Pharmaceutical

Chemical
Printing
Food Processing
Packaging
Structural Steel
Automotive

Upcoming Auctions

MAGNA INDUSTRIES, INC

View Details

