Young Real Estate Appraisals knows the special needs of estate executors
Estate settlement is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the departed as quickly and exactly as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone left behind.
Part of Young Real Estate Appraisals's company goal is to provide top-notch, ethical appraisals that attorneys can rely on. There are specific needs for everyone; we realize these needs and are used to to working with all parties involved. Among our staff, we are used to working with law offices in providing reports that meet their requirements.
Contact us as soon as possible to discuss your personal estate appraisal needs and how we can put our business acumen to work for you.
Commonly, settling an estate necessitates an accurate appraisal report to determine fair market value for the house to the satisfaction of the parties involved. We know that in times like this, even thinking about an appraisal is the furthest thought from your mind. Of course, it's expected that you need to be there for your loved ones first. Young Real Estate Appraisals assures that our staff are accustomed to the procedures and requirements needed by the IRS and CA revenue agencies to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date you suffered the loss of your loved one. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our company to confidentiality, ensuring the fullest degree of privacy for you and your loved ones.
The requirement of needing an appraisal report when working with the IRS to prove income when filing documents is often misunderstood by most people.
One of the most significant requirements in an appraisal report is an appraiser-backed opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. Such a report will clearly demonstrate to the authorities that the numbers used are accurate and substantiated.
Young Real Estate Appraisals guarantees an accurate report, which will give an executor definite facts and figures that will meet IRS and revenue agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the appraisal if it is ever challenged.
An exhaustive report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions.