Property Valuations for Estate Settlement by Price Appraisals & Realty, LLC
The responsibility of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the deceased as promptly and respectfully as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone left behind.
We've made it our company's goal in providing the best appraisals that lawyers and accountants have come to depend on. Often, everyone involved will have different suggestions of how the appraisal process should work; however, our understanding of the estate process will undoubtedly satisfy all parties involved. We write appraisal reports that meet the necessities of the legal system and various groups.
Contact us today to discuss your exact estate appraisal needs and how we can put our experience to work for you.
Commonly, settling an estate necessitates an detailed appraisal report to suggest fair market value for the property to the satisfaction of the parties involved. We know that in this time of loss, even thinking about an appraisal report is the furthest thought from your mind. Due to this, it is possible that the time of death differs from the time the appraisal is needed. We are comfortable with the practices and requirements needed to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms us to confidentiality, assuring the highest degree of discretion for you and your loved ones.
Often, people do not fully acknowledge the requirement to have a comprehensive real estate appraisal produced in support of the numbers displayed in general documents filed with the IRS.
One of the most significant requirements in an appraisal is an appraiser-backed opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion. Such a report will certainly demonstrate to the TX agencies that the numbers used are well-founded and substantiated.
Price Appraisals & Realty, LLC will provide an detailed appraisal, which will give an executor accurate facts and figures that will exceed IRS and state 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 support the methods the appraiser used to come to his conclusions.