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Old February 12th 04, 06:27 PM
Orval Fairbairn
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In article ,
(John Galban) wrote:

"Carl Orton" wrote in message
...
I just want to clarify:

The plane was not destroyed. For some reason, it got de-registered. It's
only been a paper chase. I'm not trying to minimize it, since I know that
logs are "just paper" but worth gold.


That's the problem. Often the only way to get good information on a
prospective aircraft is to search FAA records. I've seen a lot of
logbooks that did not tell the whole story about accident related
repairs. According to the FAA paperwork, this aircraft was once
listed as destroyed. You're going to have to have some good
documentation to convince a prospective buyer of the true
circumstances. A smart buyer will be very suspicious about the
"destroyed" reference and will probably not just take your word for
it.

Would you buy a used car that had a history of being totaled or
salvaged? Would you take the seller's word for it that is was just a
paper snafu?

John Galban=====N4BQ (PA28-180)


The best move -- only if you are truly interested in THIS plane -- is to
ge hold of an AI who specializes in this type of plane and do a THOROUGH
inspection for all compliances!

Actually, you should do this for ANY airplane purchase, as there are far
too many dogs out there waiting to run out from under the habgar and
bite you.

You should be able to negotiate a good price with the bank.

On an aside: it appears that the person from whom it was repossessed
deregistered the plane as one last salute to the bank. There is really
little YOU can do about this except negotiate a price well below "book
value."