There are many reasons why you will have the need of a Personal Property Appraiser in your life time and this article is going to cover three reasons. An Appraiser can do many things to help in your life. When you are in need of cataloging or placing a value on your many collectables call an appraiser.
One thing is they can help protect your investment in collectables from art to zebra rugs and everything in between, by providing a complete inventory of all your items in question.
- Art work
- Vehicles and Equipment
- Stamp collections
- Gun collections
- Precious Metals
- Sport Memorabilia
- Taxidermy mounts
Second benefit of hiring a Personal Property Appraiser is they are unbiased and not involved in any disputes of value when it comes to an appraisal. They use recent market activity to figure out the current value that is needed for your collection and provide you with a report. This is very important when it comes to tax donations, IRS requires an appraisal before accepting the donation.
The third reason is they are very helpful is, they catalog your collectables in one report and supply you with their current value. A Personal Property Appraiser should provide you a printed copy and an electronic copy on a PDF for your safe keeping. This is very helpful in times of disaster to refer to, or when there is an inheritance involved and the children want to know what a parent had and its current value.
There are many other reasons you need a Personal Property Appraiser and these reasons will present themselves many times in your life. Feel free to give one a call and discuss your needs with them.