Appraisal info needed

We continue getting appeals for information on appraising residential airpark property. This appears to be a major problem for anyone wanting to purchase or sell a house or lot on a residential airpark if financing is required. We continue getting appeals for information on appraising residential airpark property. This appears to be a major problem […]

We continue getting appeals for information on appraising residential airpark property. This appears to be a major problem for anyone wanting to purchase or sell a house or lot on a residential airpark if financing is required. We continue getting appeals for information on appraising residential airpark property. This appears to be a major problem for anyone wanting to purchase or sell a house or lot on a residential airpark if financing is required.

Recently a caller in Texas said his financing was in jeopardy because an appraiser couldn’t find any comparable properties to use in appraising the house he was looking at.

One way each of us can help is to encourage appraisers to send me information about them so they can be listed in our director of professionals. There’s no charge; we consider the listings a service to everyone. All we need is their name, company name, address, phone, web site if they have one and an e-mail address.

Another way we can help everyone is to help Living With Your Plane set up a database of residential airpark property sales. If you’ve recently bought or sold a property, if you send us your name, address of the property sold (or purchased) and the price paid, we can build a database that will allow appraisers, mortgage bankers, etc. to get additional information.

In a local area, this information can be readily obtained by anyone wanting to find out how much a property sold for, but it is more difficult to gather that sort of data on a national basis. Having you provide it for us so it can be maintained and accessed by appraisers should really help.

Just send the appraiser info and the sale or purchase information to Living With Your Plane, dave@generalaviationnews.com If you want, you can provide it by sending a comment to this article or you can fax it (253-471-9911) or you can mail it to POBox 39099, Lakewood, WA 98439.

1 comment

  1. Just Recently had our airpark appraised by Steve Cole at southwest appraisal associates.
    swaa.biz Steve is a pilot and understands airport property.

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