Estate Settlement Appraisals in CA by Young Real Estate Appraisals
Settling an estate is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the deceased as quickly and respectfully as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone left behind.
Attorneys and accountants count on our conduct when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. Usually, all parties will have their own expectations of how the appraisal process should work; however, our understanding of the estate process will undoubtedly satisfy all parties involved. Due to our familiarity in working with attorneys and accountants and other agencies, we compose appraisals that definitely outdo all expectations.
Contact us immediately to discuss your unique estate appraisal essentials and how we can put our knowledge to work for you.
Usually, settling an estate necessitates an extensive appraisal report to determine fair market value for the home to the satisfaction of the parties involved. We empathize that in times like this, ordering an appraisal report is the furthest thought from your mind. Due to this, sometimes the time of death differs from the time the appraisal is ordered. Our professional staff is comfortable with the practices and requirements needed to provide a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our company to confidentiality, assuring the strongest degree of privacy for you.
The necessity of owning an appraisal when cooperating with government agencies to show income when filing documents is often misunderstood by most people.
Opinions of value used in documents filed with the the IRS and CA state agencies absolutely should be supported by a detailed report as to how the appraiser acquired his conclusions. Such a report will certainly demonstrate to the CA agencies that the numbers used are well-founded and substantiated.
An executor will be over-joyed by an appraisal report by Young Real Estate Appraisals which will show him solid facts and figures to deal with any legal agency's requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the report if it is ever challenged.
One of the most important requirements in an appraisal is an appraiser-supported opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion.