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How Important is Proper Documentation When Financing an Aircraft?

Occasionally when I perform an appraisal for a bank, the current owner or perspective buyer wants to hang around to see what is involved in an aircraft appraisal.  Normally, this is not a problem and they can provide some useful information if questions come up. The only difficulties arise when someone attempts to influence the …

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What should you know before hiring an aircraft appraiser?

One of the factors which impacted both the S&L collapse of the ‟80s and the real estate crisis early in the 21st century was artificially inflated evaluation reports from supposedly professional real estate appraisers. Aircraft financing has been impacted just as seriously even though this situation isn‟t something most lenders will discuss openly. However, it …

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