MTS Journal

2001  •  Volume 17  •  Issue 3

The MTS Journal is the LEADING voice for Machinery and Technical Specialties valuers. Published by ASAʼs MTS Committee, the MTS Journal is written both for the appraiser who values equipment and for those who have a professional interest in the subject.
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Articles from this Issue

  • Editor's Update

Editor's Corner

A special note from the Editor of ASA’s MTS Journal.
PAGE 2 Ray Moran, ASA
  • MTS Chair Update

Chairman's Perspective

News from ASA’s Machinery and Technical Specialties Committee.
PAGE 3 Gerry Huether, ASA
  • Journal Article

Definitions Of Value: Do They Need To Be Changed? The Controversy Continues!

The article discusses the importance of defining and understanding the value of an object in the process of appraisal, to which the MTS Committee has proposed consistent definitions of value to be used by appraisers.
PAGE 5 Larry Perdue, ASA
  • Journal Article

The Expectancy Life Factor and Appraisal Depreciation

This article discusses the challenges of establishing appraisal depreciation estimates for older assets and introduces the concept of the expectancy life factor. The article also covers economic theory of depreciation.
PAGE 8 Richard K. Ellsworth, ASA
  • Journal Article

FDIC M&E Contracts

The article discusses the challenges that come with signing a contract to receive FDIC contracts, specifically for (FF&E) valuations. It reviews the 14 criteria points in the SOW document that should be understood before accepting an FDIC contract.
PAGE 14 Leslie Miles, ASA
  • Journal Article

Thoughts on Being a Fee Appraiser Part 2

This article shares what a seasoned appraiser has learned over thirteen years in the industry.
PAGE 19 H. Denis Neumann, ASA