- Making Deconstruction Pay
DECONSTRUCTION APPRAISAL STEP-BY-STEP PROCESS
1. Initial Client Meeting:
Meet the client and conduct an initial inspection of the property; photographs are taken to verify the items for potential salvage/deconstruction; options are discussed.
2. A Formal Proposal is Prepared and Submitted to the Client:
The proposal includes potential Fair Market Values for Charitable Donation based upon the deconstruction options available to the client; appraisal fees are stated.
3. Acceptance of the Proposal:
The Appraisal Contract is signed and a retainer is taken.
4. Preparation of the Certified Appraisal:
A client-approved inventory of materials removed from the property is received; the research and valuation phase of the appraisal process begins.
5. Conclusion and Delivery:
Once Fair Market Values are determined for all items, a bound, certified USPAP-compliant appraisal is prepared; the document includes photographs and all necessary IRS documentation; an original appraisal and a second copy for filing purposes are delivered to the client.