Looks like The Federal Government Is going to get $3,700 off me for Capital
Gains I would rather give that money to a private party on a reinvestment
than the Federal Goverment.


"John Galban" wrote in message
m...
"MRQB" wrote in message
...
Yes, its getting a little frustrating I think I am going to quit looking
for
a while just to let my nerves settle a bit.


I saw this coming when you posted that you had cash and were looking
for a "quick sale". As I recall, I mentioned something to the effect
that this would seem very attractive to junk dealers. To them, a
quick sale means that you will not dig deep as far as inspections and
paperwork are concerned.

It sounds to me like you are taking your time to make a thoroughly
informed purchasing decision. People selling junk do not take kindly
to this. Too bad for them. Don't get worked up about it. Don't
argue with them on the phone. Just walk away. The moment a seller
tells you that you can't have your independent A&P inspect the
aircraft, just thank him for his time and walk away. This is not a
person from which you want to be buying an aircraft.

Ultimately, patience is the key to getting a good one. It takes a
lot of time, looking at a lot of junk, to find a good reliable
airplane that is reasonably priced (unless you're very lucky).

It took me six months to find my first airplane and 3 months to find
my second. In both cases, I stumbled across my eventual purchase
before it was advertised. Also in both cases, I spent most of the
total time looking at airplanes that were eventually found to be
unsuitable for one reason or another. It's the price you have to pay
to weed out the not-so-great airplanes from the great ones. It is not
a quick process and IMHO, not a particularly enjoyable experience to
have to repeatedly waste time wading through logbooks of aircraft you
won't purchase.

Why bother? I have several friends and acquaintences that didn't do
a thorough job in the weeding process and had to live with the
results. For the most part, they regretted it for a long time (and
many paychecks). A few became disenchanted with ownership and sold
out at a loss, never to return to ownership. So, just have some
patience with the process and do not buy anything that you didn't
thoroughly check out. Some of the scariest planes I ever saw had sexy
new paint jobs and sparkling interiors.

Good Luck,

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