Property Valuations for Estate Settlement by Young Real Estate Appraisals
The job of settling an estate, often a source of stress is very important. As an executor you have been entrusted to carry out the wishes of the departed as swiftly and exactly as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone involved.
We've made a name for ourselves in producing excellent appraisals that attorneys and accountants have come to rely on. We comprehend their needs and are used to helping with all parties involved. In our company, we are accustomed to dealing with law offices in providing appraisals that meet their requirements.
Contact us as soon as possible to discuss your personal estate appraisal requirements and how we can put our knowledge to work for you.
Commonly, settling an estate necessitates an clear appraisal report to ascertain fair market value for the house to the satisfaction of the parties involved. It's understandable that ordering an appraisal is the farthest thought from your mind. Due to this, sometimes the date of death differs from the date the appraisal is needed. Young Real Estate Appraisals assures that our staff are accustomed to the procedures and requirements needed by revenue services to perform a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our company to confidentiality, providing the fullest degree of discretion for all parties involved.
Most of the time people do not fully acknowledge the importance in having a complete appraisal produced in support of the numbers displayed in general documents filed with the IRS.
One of the most essential requirements in a report is an appraiser-backed opinion of value in an exhaustive reason as to how the appraiser came to his conclusion. In having a report supported by Young Real Estate Appraisals's professional appraisers, you will have the understanding that the numbers shown in the appraisal report will definitely demonstrate to the IRS that the numbers used are well founded and correct.
Young Real Estate Appraisals guarantees an substantiated appraisal report, which will provide an executor solid facts and numbers that will meet IRS and state agency requirements. You need not be concerned over anything, because we will be there to support our reports if they are ever challenged.
A comprehensive report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions.