Frequently Asked Questions
One of the most overlooked and misunderstood attributes in the purchase of an aircraft is its “market value” which may be very different from the negotiated price. This issue usually arises because of problems that have not been revealed or otherwise considered. Generally, buyers would
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.
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