Heavy Equipment Appraisal
- Longmont, Colorado
- 17 Years Experience
- Nationwide
- Small
- Expert Witness
- CMEA, CAGA · Verify
Nationwide Certified Machinery and Equipment Appraiser (CMEA) USPAP-compliant appraisals. Founded 2009 by Rhett Crites
About
Heavy Equipment Appraisal is a USPAP-compliant heavy equipment and machinery valuation firm based in Longmont, Colorado. Founded in 2009, the firm is led by Rhett Crites, CMEA, CAGA, a Certified Machinery and Equipment Appraiser through NEBB Institute and a Certified Personal Property Appraiser through the Certified Appraisers Guild of America. The firm has appraised 206,060+ equipment units across all 50 U.S. markets, specializing in defensible valuations for lenders, courts, attorneys, CPAs, insurers, and financial professionals.
Services & Specializations
Heavy Equipment Appraisal provides USPAP-compliant machinery and equipment valuations for desktop, on-site, and hybrid appraisal assignments. Reports include equipment identification, condition documentation, photos, market evidence, comparable sales support, and signed valuation conclusions. The firm applies the cost approach, market approach, and income approach when appropriate, with reports prepared for SBA lenders, commercial lenders, CPAs, attorneys, insurance professionals, courts, and business owners.
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Full Bio
Heavy Equipment Appraisal is a Longmont, Colorado-based machinery and equipment valuation firm founded in 2009 and led by Rhett Crites, CMEA, CAGA. The firm provides USPAP-compliant heavy equipment appraisals for lenders, courts, CPAs, attorneys, insurers, business owners, and turnaround professionals nationwide. Heavy Equipment Appraisal has appraised 206,060+ equipment units across all 50 U.S. markets and focuses only on machinery and heavy equipment, with no buying, selling, auction, or brokerage conflicts.
Notable Engagements
Has served SBA and commercial lenders for collateral documentation, CPAs for financial statements and tax planning, attorneys for litigation and dispute resolution, insurance carriers for schedules and claims, and turnaround professionals for distressed business valuations.