Appraisals for Estate Settlement by Residential ValuationThe task of settling an estate, while stressful, is not to be taken lightly. As an executor, you have been given the power to carry out the wishes of the deceased as promptly and respectfully as possible. You can count on Residential Valuation to respond quickly and with as much sensitivity to the feelings of everyone left behind.Lawyers and accountants depend on our ethics when calculating real estate values for estates, divorces, or other disputes requiring a value being determined for real property. There are required needs for everyone; we cater to these needs and are acclimated to working with all parties involved. We furnish appraisal reports that transcend the requirements of the courts and different agencies.
Usually, settling an estate necessitates a detailed appraisal report to ascertain market value for the home to the satisfaction of the parties involved. We empathize that when you lose a loved one, acquiring an appraisal is the furthest thought from your mind. Because of this, often there are times that the effective date of an appraisal report differs from the time of death. Our staff is familiar with the practices and requirements necessary to supply a retrospective appraisal with an effective date and market value estimate matching the exact date your loved one passed away. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our appraisers to confidentiality, certifying the highest degree of discretion for you and your loved ones. Most of the time, people do not fully appreciate the need to have a complete appraisal report produced in support of the figures used in tax documents filed with the IRS. A comprehensive report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions. This level of documentation will clearly substantiate your claim that the values presented are well-founded and accurate. An executor will be overjoyed by an appraisal by Residential Valuation which will show him irrefutable facts and numbers to cooperate with revenue agencies' requirements. You need not worry over anything, because we will be there to back up our appraisals if they are ever refuted. |