Property Valuations for Estate Settlement by Hillside Appraisal & Real Estate Broker
Estate settlement is an important and sometimes stressful task. 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 in bereavement.
We've made it our company's goal in supplying top-notch appraisals that attorneys and accountants have come to depend on. Usually, the parties involved will have their own expectations of how the appraisal process should work; however, our knowledge of the estate process will, without a doubt, satisfy all parties involved. Due to our familiarity in dealing with the courts and various agencies, we create appraisals that always meet all expectations.
Contact us today to discuss your specialized estate appraisal demands and how we can put our knowledge to work for you.
Settling an estate usually depends on an appraisal to determine fair market value for the residential property therein. It's understandable that ordering getting an appraisal is the farthest thought from your mind. So, we understand that the date an appraisal is requested will differ the date of death. Our professional staff is familiar with the practices and requirements needed 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 ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our staff to confidentiality, providing the strongest degree of privacy for you.
Most of the time people do not fully appreciate the demand to have an exhaustive real estate appraisal supplied in support of the numbers shown in tax documents filed with the IRS.
One of the most essential requirements in an appraisal report is an appraiser-supported opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. This sort of report will clearly show your claim that the numbers displayed within the report are well-founded and accurate.
An executor will be ecstatic by an appraisal report by Hillside Appraisal & Real Estate Broker which will give him solid facts and figures to deal with any legal agency's requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the report if it is ever refuted.
Opinions of value used in documents filed with the the IRS and CA state agencies definitely should be supported by a detailed report as to how the appraiser acquired his conclusions.