Northern Appraisals offers expert appraisal services for determining the Actual Cash Value (ACV) or Fair Market Value (FMV) of a wide array of assets. This service is essential for insurance claims, sales, purchases, and financial reporting, providing clients with a clear understanding of their assets current worth.
Actual Cash Value (ACV): This represents the amount equal to the replacement cost minus depreciation of an asset.
Fair Market Value (FMV): FMV is the price that an asset would sell for on the open market between a willing buyer and seller.
Insurance Settlements: ACV is often used in insurance policies to determine claim payouts.
Buying and Selling: FMV is crucial for setting fair prices when buying or selling assets.
For detailed information about our Actual Cash Value (Fair Market Values) – ACV or FMV Appraisals, or to book an appointment, please contact us at Northern Appraisals. Our dedicated team is ready to assist you with accurate, reliable, and timely appraisal services.