Property Valuations for Estate Settlement by Price Appraisals & Realty, LLC
The job of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the departed as swiftly and respectfully as possible. You can count on us to act quickly and with as much respect to the feelings of everyone in bereavement.
Attorneys and accountants count on our ideals when calculating real property values for estates, divorces, or other disputes requiring a cost being placed on real property. Sometimes, everyone involved will have their own expectations of how the appraisal process should work; however, our understanding of the estate process will, without a doubt, satisfy all parties involved. In our company, we are accustomed to dealing with the courts in supplying reports that meet their requirements.
Contact us as soon as possible to discuss your specific estate appraisal demands and how we can put our business acumen to work for you.
Generally, settling an estate necessitates an irrefutable appraisal report to ascertain fair market value for the home to the satisfaction of the parties involved. It's understandable that ordering an appraisal is the farthest thought from your mind. Of course, you need to take care of your family first. Price Appraisals & Realty, LLC assures that we are comfortable with the procedures and requirements requested by the IRS and TX revenue agencies to provide a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our appraisers to confidentiality, ensuring the strongest degree of discretion for you and your loved ones.
Many people do not understand that the IRS requires information filed to explain the numbers involved in estate sales.
One of the most significant requirements in an appraisal is an appraiser-backed opinion of value in an exhaustive reason as to how the appraiser came to his conclusion. This sort of report will certainly substantiate the evidence that the numbers displayed within the report are well-founded and accurate.
Price Appraisals & Realty, LLC will provide an accurate report, which will provide an executor solid facts and figures that will meet IRS and state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal if it is ever refuted.
One of the most necessary requirements in a report is an appraiser-backed opinion of value in a detailed reason as to how the appraiser came to his conclusion.