Appraisals for Estate Settlement by Rose City AppraisalThe task 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 respect to the feelings of everyone left behind. Attorneys and accountants depend on our ethics when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. Usually, all parties will have differing ideas of how the appraisal process should work; however, our knowledge of the estate process definitely satisfy all parties involved. In our company, we are used to working with the courts in writing reports that out-strip their needs. Contact us immediately to discuss your individual estate appraisal specifications and how we can put our knowledge to work for you. Generally, settling an estate requires an irrefutable appraisal report to establish fair market value for the home to the satisfaction of the parties involved. We understand that in times like this, even thinking about an appraisal is the furthest thought from your mind. Due to this, sometimes the time of death differs from the date the appraisal is ordered. Our professional staff is accustomed to the practices and requirements obligatory to perform a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes us to confidentiality, providing the highest degree of privacy for you and your family. Often, people do not fully appreciate the need to have an exhaustive appraisal report prepared in support of the numbers shown in tax documents filed with the IRS. One of the most significant requirements in an appraisal is an appraiser-backed opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion. A report of this caliber will definitely show your claim that the numbers within within the report are well-founded and accurate. Having a professional report from Rose City Appraisal gives the executor definite facts and figures to work with in meeting IRS and TX state agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the appraisal report 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. |