Definition of Values from Loeb Appraisal

2011 has started with a flurry! In Q1 2011, Loeb has performed more appraisals for clients looking to underwrite new business than in the past 24 months. This demonstrates the pent up demand within the economy from the last couple of years. Creating lots of business in the appraisal world.

One particular banker recently asked Loeb to send him definitions of values so that he could continue to educate his team. We were more than happy to help as we have found the better educated our client is the better the entire process works.


There are four types of valuation that Loeb uses as the basis for their appraisals:

• Forced Liquidation Value (FLV): (previously known as "public auction value") The estimated gross income of a well-prepared and properly advertised sale conducted on the premises at the present time.
  Timeframe: 2-3 Months
  
  
• Orderly Liquidation Value (OLV): The estimated gross proceeds that could be expected from the forced piecemeal Sale (and removal) of subject property, privately negotiated.
  Timeframe: 6-9 Months
  
  
• Fair Market Value (FMV For Removal): The estimated highest gross value which a willing buyer would be justified in paying where the buyer would not continue to use the subject property in place for continued (same or similar) operations on a turnkey basis.
  
  
• Fair Market Value (FMV In Place): The estimated highest gross value which a willing buyer would be justified in paying where the buyer would continue to use the subject property in place for continued (same or similar) operations on a turnkey basis.

View the Complete Definitions & Glossary of Terms >

For more information or to schedule an appraisal with Loeb, please contact John K. Hagist at johnh@loebappraisal.com or (773) 496-5744.

Thank You for Helping Us Save 130 Acres of Rainforest!

A special thank you to all our customers and partners who helped us achieve our goal of 130 acres of reforestation & avoided deforestation!!

With 2010 having come to a close, we’re happy to announce 100% success in reaching our carbon offset goal of 130 acres of Rainforest conservation through the World Land Trust!

As you know, we couldn't have done it without your support. Your equipment purchase, appraisal, financing opportunities, or auction participation helped us reach our goal.

Thank you for helping us commemorate Loeb's 130th Anniversary by supporting us with this important cause. We look forward to being your Trusted Resource for Equipment Solutions in 2011 and for years to come.

To learn more about World Land Trust-US or to make your own contribution, please visit: www.worldlandtrust-us.org