For any aircraft owner out there who hasn’t to this day made their way to an appraiser for their craft valuation, then the fact is that this is supposed to be one of the things that you need to be looking forward to going forward in so far as the need to manage effectively your craft is concerned. Read on and see in this post some of the mentioned reasons why it would be so essential for you to go for an aircraft valuation as an aircraft owner.
What is an aircraft valuation anyway? Basically, this is the process whereby a third party professional takes a look at your aircraft with an intention of establishing the value there is in the property. Post an appraisal, the appraiser will get you a written account of value of the aircraft. In this report your appraiser will get all there is that went into the valuation or appraisal and give reasons why they arrived at the value. This kind of professional report on the value of the aircraft is of great significance to you as a craft owner as it happens to be a solid and valid proof of value to a number of the persons of interest that you may want to deal with going forward such as buyers, sellers and lenders. Even though it may simply be seen as an opinion on the value of the aircraft, you need to note the fact that it still remains to be one of the most important documents and reports that you need to have in your possession. The reason for this is looking at the fact that in order to establish objectively what value there is in a plane, the unbiased and independent opinion of a third party is well worth taking into consideration.
If at all you are planning for an appraisal or valuation of your aircraft, you need to be advised to ensure that you go for the services of the kinds of valuation experts who have been indeed certified by the nationally recognized bodies such as the American Society of Appraisers.
Remember the fact that you have such a significant investment in your aircraft and as such you need to be attended to by the most professional of a team when it comes to aircraft valuation. Trust the team at VREF to help with your valuation needs.