MICHAEL NYHOF, CEA MIEDEMA APPRAISALS, INC.

EXPERIENCE

• Experienced metalworking machinery appraiser for Miedema Appraisals, Inc.
• Over (11) years experience as full time appraiser and machinery dealer.
• Industrial and Commercial Facilities appraised:  Tool and Die companies, Metal Fabricating companies, Stamping facilities, Plastic Injection Molding companies, Printing companies, Woodworking companies, Welding facilities, Painting facilities and more.

EDUCATION AND ASSOCIATIONS

• Certified Appraiser for the Association of Machinery and Equipment Appraisers. (AMEA)
• Have completed AMEA Appraisal classes.
• Has completed USPAP (Uniform Standards of Professional Appraisal Practice) course.
• Attends MDNA "Weekend with the Pro's” Metalworking and Machinery classes.
• Participates in continuing education.
• Attends American Society of Appraisers annual Machinery Identification Seminars.

 CONCEPTS OF VALUE EXPERIENCE

Fair Market Value - Removed	Liquidation Value - In Place
Fair Market Value - Installed	Orderly Liquidation Value
Fair Market Value in Continued Use	Replacement Cost New
Forced Liquidation Value