Bob Freeman Aircraft Appraisals
Fast, Reliable, Accurate, and Professional Aircraft Appraisal Services
Certified Member : National Aircraft Appraisers Association
The aviation industry leading source for Certified Appraisals since 1980

If it doesn't say NAAA on the report, it isn't an appraisal!

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Appraisal Overview

What is an Aircraft Appraisal?

The Aircraft Appraisal is a Valuable Tool.

bulletTo the Buyer, the appraisal is an impartial professional opinion as to the value of 
the particular aircraft they are planning to purchase. Further, the appraisal can 
assist in expediting the sale of the aircraft because the buyer and seller know the 
fair market value and relative condition of the aircraft through the independent appraisal.
bulletTo the Seller, the appraisal gives them the confidence of knowing the condition 
and the current fair market value of their aircraft.
bulletTo the Banker, the appraisal documents the value, and condition of the aircraft. 
The appraisal also supports the banks collateral position in the aircraft loan.

It's been said that " An aircraft is worth what someone will pay for it." Therefore, when setting a selling price for something as valuable as an aircraft, more factual advice than that given by a well-meaning friend is both a necessity and just common sense. Of course this is just as important on the corporate level. Costly mistakes can probably be avoided through the use of a Professional Aircraft Appraiser.

Anatomy of an Appraisal.

An 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.

The Professional Aircraft Appraiser must acquire all the facts about the aircraft in question. The appraiser thoroughly examines the aircraft log books, inspects the exterior and interior of the aircraft and pays close attention to the present condition and the maintenance history of the aircraft. Utilizing the National Aircraft Appraisers Association's extensive Computer System, enables the appraiser to give accurate and prompt Aircraft Appraisals.

National Aircraft Appraisers Association Members Will Assure the Best Possible Information by Providing the Following Services.

bulletDetailed examination of airframe, engines, props, instrumentation, avionics and 
all relative systems.
bulletCareful review of aircraft documentation including log books etc..
bulletComputer analysis of relevant data.
bulletSealed Certificate of Appraisal with detailed computerized report submitted to 
client.

What is the Purpose of an Appraisal?

bulletTo obtain a professional opinion of the present fair market value on an aircraft.
bulletTo obtain a professional opinion of the value on an aircraft to be renovated or 
modified.
bulletAn expert opinion of the value of an aircraft is useful as a prudent safeguard 
against excessive Tax Assessments, Capital Gains and other taxes.
bulletAppraisals are used to verify Damage Claims resulting from fire, hail, 
windstorms, accidents and other disasters.
bulletAn appraisal may provide the basis for decision-making in the commitment of 
funds for acquisition.
bulletProvides persuasive independent evidence of the condition of an aircraft.
bulletAssist a prospective purchaser in obtaining financing or insurance.
bulletAssist the financial institutions by substantiating the nature and value of the 
aircraft as it relates to collateral.
bulletAssist the financial institution by supporting the Loan Portfolio for examination 
by the Loan Committee and/or Bank Examiner.
bulletDistinguishes sellers aircraft from others that may be listed for sale. should 
reduce the time required to sell an aircraft by 50%.

How Much Will the Aircraft Appraisal Cost?

Fees will vary depending on the size of the aircraft and the length of time involved in completing analyses of all relevant data.

How long will it take to Complete the Report?

One must allow sufficient time for the appraiser to do a thorough job. The appraiser may spend a short time actually inspection the aircraft, but will spend considerable time researching data. The Certificate of Appraisal and Inspect Data Sheet Analysis of the Appraisal is issued after the physical inspection of the aircraft has been completed.

Standards of Professional Practice and Conduct.

The National Aircraft Appraisers has established rigid standards of professional practice and conduct to which every Association Member must adhere. It is essential to all parties receiving and relying upon appraisals that these standards be meticulously maintained.

Conclusion.

The National Aircraft Appraisers Association provides a broad range of service to the Aviation Industry through its Professional Approach to Aircraft Valuations. Bankers, Insurers, Purchasers, Sellers, and owners immediately recognize the value of an Independent Aircraft Appraisal.

 

 


For more information 
please email us at
bhfreeman@peoplepc.com   
Bob Freeman Aircraft Appraisals
200 Airport Road, Building 5
Clarksville, TN 37042
Tel: 270-889-5624
Fax: 931-431-0330
1992-2007 National Aircraft Appraisers Association all rights reserved
2001-2007 Bob Freeman Aircraft Appraisals