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Why an Appraisal?

Life events requiring appraisals...

There are many life events where a professional appraisal may be legally necessary.

These include:

Do you know what you have?

A professional appraisal provides a legally accepted documentation of your tangible assets. Making sound financial decisions in the current economic climate has become a day-to-day necessity. Selling below or above market value can have long-term consequences such as tax penalties, audits, unacceptable charitable contribution write-offs, familial disagreements, etc. Take the time to research and contract with an appraiser who specializes in your type of property.

***Be Careful...***

Your appraiser should have the minimum training required by your state and federal guidelines. In the past, many appraisers submitted documentation based upon rudimentary knowledge due to lax appraisal laws. Legislation now requires appraisals to meet USPAP standards.

Types of Appraisals

On-Site Appraisals

On-site appraisals include an on-site examination, inventory, photography, market research, valuation and final appraisal report. Each item or group of items will have a description, age, measurements, condition, value and digital photograph. Appraisals are compliant with the Uniform Standards of Professional Appraisal Practice (USPAP), and are available by printed copy.

Online Appraisals

Online appraisals include close examination of multiple high resolution photographs of each item as well as measurements and condition provided by client. Appraiser will note limiting report conditions and assumptions in the final valuation assessment. Except for the on-site inspection, our online appraisal includes almost all the elements of our on-site appraisals and are USPAP compliant.

Components of a Professionally Written Appraisal

Statement of the identity of the client & intended users.
Statement of the intended use of the appraisal
Description of items (as detailed above).
Statement of the type & definition of value and source.
Statement of appraisal effective date & date of report.

About

How to Contact

Chancery Lane Antiques and Appraisals, Inc.
PH (615) 292-7110
appraisers@ymail.com

Education/Biography

Qualifications include: Founder/Owner/President of Chancery Lane Antiques, Inc., member of Appraisers National Association, Association of Online Appraisers, Antiques and Collectibles Dealer Association, graduate of Vanderbilt University with emphasis on Art History and Mathematics, successful graduate of 2007 USPAP certification class, extensive traveler-student of antiques in over 40 visits to the United Kingdom, and owner of over 200 reference volumes on the subject of antiques.

Fees

Hourly Rate/Minimum

Fees are charged hourly for on-site/online inspection, research and documentation time. Minimum charge is $175 for an appraisal.

Paypal can be used for online appraisals.

Hourly charge is to be determined prior to commencing the work for more extensive appraisals.

One half of estimated total is to be paid at end of site or online photograph inspections. The other half is to be paid upon delivery of report.

CASH or CHECK only for on-site appraisals.

No appraisals are given by phone.


Travel Expenses

To be Determined.

Links

Appraiser Certification

Association of Online Appraisers
www.aoaonline.org

Appraisers National Association
www.ana-appraisers.org


IRS Regulations

IRS Rules for Qualified Appraisals/Appraisers
www.appraisalcourseassociates.com

IRS Publication #1542/Per Diem Rates
www.irs.gov

IRS 2009 Mileage Rates
www.irs.gov


Local Attractions

Frist Center
www.fristcenter.com

Belle Meade Plantation
www.bellemeadeplantation.com

Cheekwood
www.cheekwood.org

The Renaissance Center
www.rcenter.org