Written by: Scott M. Creel, ASA
Jackie L. Montalvo, ASA
Contributing Writer: Rick L. Garren
Production: Stacey P. Wright
Editor: Brenda Wagner
Editorial Assistants: Wanda J. Kinney-Canary
Jilleen S. Woelfel
Carolyn Gallegos
Published by: Value Resource Group, Inc.
109 Shepherds Glen Road
Heath, TX 75032
E-mail Us at: vrg@vrgappraisal.com
© Copyright 2001-2004 by: Scott M. Creel, ASA
Jackie L. Montalvo, ASA
All Rights Reserved. The information contained in this book, A Guide to Understanding the Inventory Appraisal Process, is protected by copyright. Except as specifically permitted, no portion of this book may be distributed or reproduced by any means, or in any form, or by any electronic or mechanical means, including information storage and retrieval systems, without prior written consent from the copyright owners.
Printed in the United States of America
Revised: February 6, 2004
Every item of tangible personal property is, was, or will be considered inventory at some time and, being that inventory can include just about anything, how it is valued depends on many factors that the appraiser must evaluate. While the personal property appraiser establishes what the item is first, the inventory appraiser’s initial investigation is to determine the level of trade, which conceptually is the fundamental cornerstone in the valuation of inventory. Throughout this guide, there will be an in-depth discussion on inventory applications and distinctions from an inventory appraiser’s perspective.
To view each chapter in VRG's book, "A Guide to Understanding the Inventory Appraisal Process", go to each chapter heading.
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