Why should the appraisal professionals at Taylor & Martin appraise your equipment? March 2008

Why should the appraisal professionals at Taylor & Martin appraise your equipment?

1) Nationally known name in the lending industry (Valued more than $4.5 Billion in assets in 2007)

2) We prepare USPAP compliant reports

3) Utilize a Certified Inspector

4) Member of American Society of Appraisers

5) Staff dedicated to working with their customers and their needs

6) Unbiased opinion of value

7) Meet the user’s timetable

What are the uses of a certified appraisal?

1) Trade considerations

2) Lending needs

3) Estate Planning

4) Mergers & Acquisitions

5) Legal Proceedings

What types of appraisals are there? 1) Summary Desktop Appraisal (user provides specifications, condition, photos, build sheets, etc.)

2) Summary Formal Appraisal (Sample physical inspection [could range from 5% to 100% inspection, depending upon need/request].

What value premises are available?

1) Fair Market Value [FMV] (in-place, removed)

2) Orderly Liquidation Value [OLV]

3) Forced Liquidation Value [FLV]

4) Net Liquidation Values [OLV & FLV]

5) Wholesale Value

What do I need to do before I get an appraisal?

1) Equipment List a) The Equipment list should have Make, Model, Full VIN Numbers, Miles, Hours

Who should I contact to inquire or make an appraisal request? 1) Mike Holck, Specialty Equipment Appraiser: 2) Michael Winterfeld, ASA, Director, Appraisal Services

What lenders do Taylor and Martin, Inc. work with? 1) Bank of America 2) People’s Capital Taylor and Martin, Inc. follows USPAP, ASA

Michael Holck Taylor & Martin, Inc. 1865 Airport Road Fremont, NE, 68025 800-654-8280 Ext. 1071 402-941-1071 Direct Line 402-727-8876 Fax Line 402-981-6413 Cell Phone www.taylorandmartin.com mholck@taylorandmartin.com

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