Property Valuations for Estate Settlement by Young Real Estate Appraisals
Settling an estate is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly and with as much dignity as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone in bereavement.
We've made a name for ourselves in producing the best appraisals that lawyers and accountants have come to depend on. Often, everyone involved will have differing expectations of how the appraisal process should work; however, our experience of the estate process definitely satisfy all parties involved. Among our staff, we are accustomed to dealing with law offices in assembling appraisal reports that transcend their demands.
Contact us promptly to discuss your specific estate appraisal essentials and how we can put our business acumen to work for you.
Settling an estate most often demands an appraisal to acquire fair market value for the house in question. It's understandable that thinking about an appraisal is the farthest thought from your mind. Of course, you need to be there for your family first. Young Real Estate Appraisals assures that our staff are knowledgeable about the procedures and requirements requested by the IRS and CA revenue agencies to produce a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our appraisers to confidentiality, providing the fullest degree of privacy for you.
The importance of needing an appraisal report when dealing with revenue services to show income when filing documents is often overlooked by most people.
A comprehensive report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions. In having a report backed by Young Real Estate Appraisals's professional appraisers, you will have the peace of mind that the numbers provided in the appraisal will definitely demonstrate to the CA agencies that the numbers used are accurate and substantiated.
An executor will be over-joyed by a report by Young Real Estate Appraisals which will give him solid facts and figures to work with revenue agencies' requirements. You need not stress over anything, because we will be there to stand by our appraisals if they are ever challenged.
Opinions of value displayed in documents provided to the the IRS and CA state agencies definitely should be supported by a detailed report as to how the appraiser arrived at his conclusions.