X-Virus-Scanned: clean according to Sophos on Logan.com Return-Path: Sender: To: lml@lancaironline.net Date: Wed, 16 Apr 2014 10:07:28 -0400 Message-ID: X-Original-Return-Path: Received: from mail-qc0-f171.google.com ([209.85.216.171] verified) by logan.com (CommuniGate Pro SMTP 6.0.9e) with ESMTPS id 6830095 for lml@lancaironline.net; Wed, 16 Apr 2014 08:38:14 -0400 Received-SPF: pass receiver=logan.com; client-ip=209.85.216.171; envelope-from=toddlong1@gmail.com Received: by mail-qc0-f171.google.com with SMTP id c9so11816296qcz.2 for ; Wed, 16 Apr 2014 05:37:39 -0700 (PDT) X-Received: by 10.140.98.116 with SMTP id n107mr2101418qge.94.1397651858948; Wed, 16 Apr 2014 05:37:38 -0700 (PDT) X-Original-Return-Path: Received: from [10.173.140.218] (62.sub-70-197-194.myvzw.com. [70.197.194.62]) by mx.google.com with ESMTPSA id l89sm28480166qge.9.2014.04.16.05.37.38 for (version=TLSv1 cipher=ECDHE-RSA-RC4-SHA bits=128/128); Wed, 16 Apr 2014 05:37:38 -0700 (PDT) From: Todd Long Content-Type: multipart/alternative; boundary=Apple-Mail-0EFE859B-8587-4871-8EFB-789FB5E354E3 Content-Transfer-Encoding: 7bit Mime-Version: 1.0 (1.0) Subject: Re: [LML] Re: Appraisal X-Original-Message-Id: X-Original-Date: Wed, 16 Apr 2014 07:37:36 -0500 References: In-Reply-To: X-Original-To: Lancair Mailing List X-Mailer: iPhone Mail (11D167) --Apple-Mail-0EFE859B-8587-4871-8EFB-789FB5E354E3 Content-Type: text/plain; charset=windows-1251 Content-Transfer-Encoding: quoted-printable By the way not sure what rate your refinancing that but I was able to easily= finance my at wings financial. Under 3%. Last I looked that was still the s= ame rate. It was pretty easy. Since it was originally an airline credit unio= n they're pretty used to doing aircraft loans. Anyone can join now. Todd > On Apr 16, 2014, at 6:48, "Danny" wrote: >=20 > In my experience certified appraisers are a waste of time because they kno= w little or nothing about experimental aircraft. Besides, literally anybody= can be one by simply paying a registration fee. And even then, again from m= y experience, lenders give them little to no credibility. Perhaps things ha= ve changed since I bought my LNC2 four years ago but I doubt it. Your best b= et is to find as many ESPs with similar builds as yours (engine, avionics, t= ime, etc.), either listed or recently sold to provide your own appraisal to y= our bank. I financed with B of A and that=92s what I did. They were perfec= tly fine with that approach. Good luck. > =20 > Danny > LNC2-360 Mk-II > AOPA 04856278 > EAA 647062 > NRA 156453324 > Nothing is foolproof to the sufficiently talented fool. > =20 > From: jwilless@itd-nc.com [mailto:jwilless@itd-nc.com]=20 > Sent: Tuesday, April 15, 2014 12:00 PM > To: lml@lancaironline.net > Subject: [LML] Appraisal > =20 > I'm refinancing my Lancair ESP and need to have it appraised. Does anyone h= ave a recommendation or advice on the process?=20 > =20 > -- > Thanks, Justin --Apple-Mail-0EFE859B-8587-4871-8EFB-789FB5E354E3 Content-Type: text/html; charset=utf-8 Content-Transfer-Encoding: quoted-printable

By the way not sure what rate your ref= inancing that but I was able to easily finance my at wings financial. Under 3= %. Last I looked that was still the same rate. It was pretty easy. Since it w= as originally an airline credit union they're pretty used to doing aircraft l= oans. Anyone can join now.

Todd

On Apr 16, 2014, at 6:4= 8, "Danny" <danny@n107sd.com> w= rote:

In my experience certified appraisers= are a waste of time because they know little or nothing about experimental a= ircraft. Besides, literally anybody can be one by simply paying a regi= stration fee. And even then, again from my experience, lenders give th= em little to no credibility. Perhaps things have changed since I bough= t my LNC2 four years ago but I doubt it. Your best bet is to find as m= any ESPs with similar builds as yours (engine, avionics, time, etc.), either= listed or recently sold to provide your own appraisal to your bank. I= financed with B of A and that=E2=80=99s what I did. They were perfect= ly fine with that approach. Good luck.

Danny
LNC2-360= Mk-II
AOPA 04856278
EAA 647062
NRA 156453324
Nothing is foolproof to the sufficiently talen= ted fool.

From:= jwilless@itd-n= c.com [mailto:jwilless@itd-nc.com= ]
Sent: Tuesday, April 15, 2014 12:00 PM
To: lml@lancaironline.net
Subject:<= /b> [LML] Appraisal
<= /o:p>
I'm refinancing my Lancair ESP and need= to have it appraised. Does anyone have a recommendation or advice on the pr= ocess?

--
Thanks, J= ustin

= --Apple-Mail-0EFE859B-8587-4871-8EFB-789FB5E354E3--