Having an appraisal should be part of the pre-purchase ritual. Not only does it add an increased level of security to the transaction, but it can also keep you from being blindsided when it comes time to finance.
Appraisers provide critical valuations across every industry. What are the safeguards against erroneous reports? Who is keeping the industry in check? Let’s explore the behind-the-scenes truth of the appraisal practice and what it takes to be an appraisal reviewer.
Lenders, insurers, asset managers and owners rely on aircraft appraisers each day, but there are a lot of misconceptions regarding the ins-and-outs of both the appraisal process and what it means to be an “appraiser”. This new Flight Level blog series, “Appraisal 101” will highlight some things we wish all our clients knew and give some insider scoop on what to watch out for when you hire your next appraiser.
