Property Valuations for Estate Settlement by Residential Appraisal ServicesThe 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 with as much dignity as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone in bereavement. Attorneys and accountants count on our conduct when calculating real property values for estates, divorces, or other disputes requiring a worth being placed on real property. Generally, the parties involved will have differing suggestions 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 working with the courts in composing appraisal reports that out-strip their requirements. Contact us as soon as possible to discuss your specific estate appraisal demands and how we can put our experience to work for you. Settling an estate generally demands an appraisal to establish fair market value for the property therein. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. Because of this, often there will be times that the effective date of an appraisal report deviates from the date of your loss. Our professional staff is accustomed to the procedures and requirements needed to provide a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our company to confidentiality, assuring the highest degree of discretion for you. The importance of ordering an appraisal when working with revenue services to explain income when filing documents is often misunderstood by most people. One of the most essential requirements in a report is an appraiser-backed opinion of value in a detailed reason as to how the appraiser came to his conclusion. Such a report will definitely demonstrate to the MI agencies that the numbers used are accurate and correct. An executor will be over-joyed by an appraisal by Residential Appraisal Services which will provide him undeniable facts and numbers to cooperate with the IRS and MI state agencies' requirements. There's no need to be concerned when getting an appraisal from us, because we will back it no matter what. A comprehensive report showing the appraiser's opinion of value is important to back the methods the appraiser used to come to his conclusions. |