Equi-Praise

Qualified Equine Appraisals & Consulting Services

FAQ's

Who Needs An Appraisal?

ASEA members perform appraisals for:

  • Individuals
  • Government Agencies & Accountants
  • Attorneys & Banks
  • Breed Associations & Partnerships
  • Divorce Settlements & Estate Settlements
  • Insurance Companies & Animal Depredation Cases
  • Family Trusts & Estate Planners

Due to the adoption of personal property appraisal criteria by the Appraisal Foundation in Washington D.C., it is very likely that many agencies will soon require that all appraisals be performed by appraisers who meet the Appraisal Qualifications Board (AQB) minimum qualification criteria for personal property appraisers. 

ASEA members willingly choose to meet the AQB minimum qualification criteria now.

How much does an appraisal cost? 

Although I do have set fees for appraisals the scope of work necessary for your appraisal may or may not affect them. Please fill out the contact form provided on the Contact page and I will be happy to give you a free consultation to assess your individual appraisal needs.

What is USPAP? 

USPAP stands for “Uniform Standards of Personal Appraisal Practices”. It was created as a requirement for real estate appraisers. ASEA members voluntarily follow USPAP rules to ensure our clients receive the highest standards of ethics and integrity.

How long does an appraisal take? 

Appraisal completion times can vary based on the subject animal, (ie.-depth of research needed) and other factors that may affect the scope of work involved. On average however, expect a 3-4 week turn around.

How many pages does an appraisal contain?

It will depend on the type of appraisal, the scope of work involved and the amount of pertinent information provided on the subject animal (papers, show record etc…) that needs to be included. They can range between 12 to 50 or more pages. 

What factors affect value?

Factors that can affect value include but are not limited to the following: condition, conformation, athletic ability, soundness (physical and/or breeding), eye appeal, age, experience, transferability of title and demand.

What factors DO NOT affect value? 

Factors that DO NOT affect value include but are not limited to the following: sentimental attachment, common maintenance fees (ie.- veterinary bills, farrier fees, annual immunizations, worming).

 

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