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For many business owners, their assets make or break the business. When you know how to value used machinery, you are better equipped to stay afloat during hard times. Many people value used machinery to keep safety regulations, upgrade technology, or avoid financial loss. This especially comes in handy when you are buying, selling, or assessing equipment.
I have recently been accused of being racist due to a refinance loan that which value came in too low for the borrower’s loan to go through. I have been out of work for over a month now while I wait for the AMC’s compliance committee which only meets once a month in order to start working again. It states in my report this is not a biased appraisal.
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