Reasons to obtain a Certified Appraisal
National Aircraft Appraisers Association
For the Buyer- An impartial certified appraisal will ensure that you know the fair value and will assist you in securing financing and aircraft insurance.
Don't forget to get a thorough pre-buy inspection.
For the Seller- A certified appraisal provides evidence of the aircraft value, supports the sellers asking price, and provides confidence to the buyer thus expediting the aircraft sale.
For Lending- NAAA Certified Appraisals provide legitimate documentation for determining market value and supporting the collateral position of a loan.
Attorneys and CPA's- The appraisal will provide accepted value for evaluating property distributions and tax assessments.
Why do you need an aircraft appraisal written by a member of the National Aircraft Appraisers Association?
To obtain a professional opinion of the present market value on an aircraft. To obtain a professional opinion of the value on an aircraft to be renovated or modified. To obtain a professional opinion of the value of an aircraft as a prudent safeguard against excessive tax assessments, capital gains and other taxes. To verify damage claims resulting from fire, hail, windstorms, accidents and other disasters. To provide the basis for decision-making in the commitment of funds for aircraft acquisition. To provides persuasive, independent evidence of the general condition of an aircraft. To assist a prospective purchaser in obtaining financing or insurance. To assist a financial institution in substantiating the nature and value of the aircraft as it relates to collateral. To assist a financial institution by supporting the loan portfolio for examination by the loan committee and bank examiner. To distinguish sellers aircraft from others that may be listed for sale. An appraisal written by an NAAA Certified Aircraft Appraiser should reduce the time required to sell an aircraft.
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