Property Valuations for Estate Settlement by All City Appraisal
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 departed as quickly and respectfully as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone involved.
Part of All City Appraisal's drive is to produce top-notch, ethical appraisals that lawyers can depend on. Sometimes, the parties involved will have differing ideas of how the appraisal process should work; however, our knowledge of the estate process will undoubtedly satisfy all parties involved. Among our staff, we are accustomed to dealing with legal agencies in providing appraisals that exceed their demands.
Contact us promptly to discuss your explicit estate appraisal requirements and how we can put our knowledge to work for you.
Settling an estate most often requires an appraisal to determine fair market value for the house therein. We know that in this time of loss, acquiring an appraisal report is the furthest thought from your mind. Because of this, now and then there can be times that the date of an appraisal report differs from the date of your loss. Our staff is knowledgeable about the practices and requirements obligatory to perform a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes us to confidentiality, providing the fullest degree of discretion for all parties involved.
Often, people do not fully acknowledge the need to have a full real estate appraisal supplied in support of the numbers shown in general documents filed with the IRS and CA state agencies.
Opinions of value displayed in documents provided to the the IRS and CA state agencies definitely should be supported by an exhaustive report as to how the appraiser came to his conclusions. Such a report will clearly demonstrate to the authorities that the numbers used are accurate and correct.
An executor will be over-joyed by an appraisal report by All City Appraisal which will provide him irrefutable facts and figures to cooperate with the IRS and CA state agencies' requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the report if it is ever refuted.
An accurate report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions.