|
 |
|
|
| An NAAA Certified Aircraft Appraisal is an impartial opinion of the value of an aircraft, prepared by experts who know all the factors which make up the current behavior of the used aircraft market. It is an opinion of value based upon experience and repeated analysis of these factors. It is an opinion of value which can be substantiated and justified. It is an opinion of value made by a certified, recognized, professional aircraft appraiser. |
|
| What a Certified Appraisal is not, is a number pulled from a book or internet tool. Don’t be fooled into believing that you can get an accurate value for an aircraft by using a price guide. Sure, you can get a ballpark idea as to the value of an aircraft by using a book value, but you are using assumptions that if wrong, could cause a significant deviation from the true value of the aircraft. |
|
| A Certified Aircraft Appraisal will help you to avoid using a "ballpark" value, and will remove all doubt as to the true and accurate value of the appraised aircraft. An accurate value is important for a number of reasons: |
|
- For the Buyer - The appraisal is an impartial, professional opinion as to the value of the particular aircraft being purchased. But it is much more than that. The Certified Appraisal is a valuable tool for the Buyer to use in determining a fair offering price based on all installed equipment and modifications. In addition, the appraised value will take into account the presence of any past or present damage, and the value will be adjusted accordingly. The Certified Appraisal Report will give the Buyer confidence that he is getting the right aircraft for his situation, and is paying a fair price.
- For the Seller - The appraisal offers the confidence of knowing the general condition and current fair market value of the aircraft being sold as seen through the eyes of an independent third party. The NAAA Certified Appraisal is a great selling tool because it gives a potential buyer a solid "feel" for the aircraft in the words of the objective evaluator. After reading the NAAA appraiser's report, the potential buyer will have more confidence that the condition and appearance of the aircraft is as represented, and not just the Sellers biased opinion.
- For the Banker - The NAAA Certified Appraisal documents the value and general condition of the aircraft. The appraisal also supports the bank's collateral position in the aircraft loan by verifying that the aircraft is what it is said to be. Any Banker who does self-evaluations without any manner of verifying the collateral exists, or that the aircraft is equipped as represented, is putting his bank at risk for a major loss should the client default. Why take on a risk of this magnitude when you can send Air Appraisal Company to conduct a thorough evaluation that will put you at ease?
- For the Attorney - Air Appraisal Company’s Certified Appraisals are professional, thorough, and are backed using factual information gathered during a physical, on-site examination of the subject aircraft. Normally, our reports are thorough enough to speak for themselves, however we are always willing to testify as to the accuracy of the report in a court of law should it become necessary.
|
|
|
|
- A detailed examination of airframe, engines, props, instrumentation, avionics, installed modifications, and all relative systems.
- A careful review of aircraft documentation, log books, and associated records.
- A computer analysis of relevant value data.
- A Certificate of Appraisal and the detailed Certified Appraisal Report submitted to the client along with digital photos on CD-ROM.
|
|
|
|
- To obtain a professional opinion of the present fair market value on 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/or bank examiner.
- 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 provide persuasive, independent evidence of the condition of an aircraft.
- To distinguish a seller’s aircraft from others that may be listed for sale. An NAAA Certified Aircraft Appraisal should reduce the time required to sell an aircraft by 50%.
|
|
|
|
Toll Free: 866-657-7876
Cincinnati: 513-683-2140 |
|
|
