An accurate reliable appraisal is mandatory in today's lending environment.
This emphasis is even more important with tightened credit procedures and regulatory
requirements, shrinking profit margins, down-sizing in various industries and increased
competition among lenders. All this makes an appraisal a key collateral support service
for the financial industry.
Republic Associates has the experience and credentials required to furnish the
financial industry with this important collateral support service. Our appraisals also
provide individual companies with excellent documentation for their internal uses. We
provide quality work with a "hands on approach". There are no computer models or
mathematical formulas used by us in our appraisal process. Our experience includes the
"human factor" in determining real market value.
Republic has the know-how and the staff for determining REAL MARKET VALUES. We know the
Market! Our appraisers have the experience to know the difference.
PRINCIPALS AND APPRAISERS:
Michael K. Diamond - President
President of Republic Associates since 1989 and president of the flagship company,
Republic Textile Equipment Co. of SC since 1973. Appraised, liquidated and auctioned used
textile equipment and inventories for 40 years. Plants include both domestic and
international. Mr. Diamond is a graduate of University of Rhode Island.. He is a current
candidate for ASA Certification, completed USPAP in November, 1999 and is a member of the
Western Region N.C. Chapter of ASA.
Douglas Diamond - Vice President
A graduate of N.C. State University with a degree in Textile Engineering. Appraised,
liquidated and auctioned used textile equipment and inventories for 6 years. He is a
current candidate for ASA Certification, completed USPAP in November, 1999, and is a
member of the Western Region N.C. Chapter of ASA.
Charlie Kimbrell - Appraiser
Joined the company in 1998 and has served as site coordinator and handled write-up of
equipment at several plants.