Glider appraisal?
On Jan 24, 3:07*pm, Bruno wrote:
Banks don't have the resources to go find an expert usually so they
will go with any documentation that gives them a good feeling. *One
option would be to show them the most recent insurance policy. *They
could go off of the amount insured as 100%. *I have also seen where
any A&P who does annuals for gliders can write a simple letter stating
what he thinks the value is. *You can help him to give the correct
value. *The good news is that I have seen banks willing to loan on
gliders, including experimental designated gliders at least in the
USA.
Good luck,
Bruno - B4
On Jan 24, 7:16*am, Dave White wrote:
My credit union says they will finance 80% of the appraised value of
an aircraft. *The question is, who appraises gliders? *I'm in the
Dallas area if anyone knows someone. *Thanks!- Hide quoted text -
- Show quoted text -
When I worked in the banking sector, we had a designation for certain
appraisals, "AACI", - Appraised According to Client Instructions.
Your A&P will probably supply such a guesstimate if you hint the right
way.
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