Property Valuations for Estate Settlement by P.M. Appraisals, Inc.
The job of settling an estate, often a source of stress is very important. As an executor you have been entrusted to carry out the wishes of the deceased as quickly and respectfully as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone involved.
Lawyers and accountants depend on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. Generally, everyone involved will have different requirements of how the appraisal process should work; however, our experience of the estate process definitely satisfy all parties involved. Due to our experience in dealing with the legal system and different agencies, we construct reports that always exceed all expectations.
Contact us immediately to discuss your exact estate appraisal specifications and how we can put our business acumen to work for you.
Usually, settling an estate requires an irrefutable appraisal report to show fair market value for the house to the satisfaction of the parties involved. We know that in times like this, even thinking about an appraisal is the furthest thought from your mind. Because of this, often there will be times that the date of an appraisal report deviates from the date of your loss. Our company is comfortable with the systems and requirements obligatory to supply a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our appraisers to confidentiality, providing the fullest degree of privacy for you and your loved ones.
All too often, people do not fully realize the requirement to have a full appraisal report produced in support of the numbers shown in tax documents filed with revenue authorities.
Opinions of value used in documents filed with the the IRS and NY state agencies absolutely should be backed by a detailed report as to how the appraiser acquired his conclusions. In having a report supported by P.M. Appraisals, Inc.'s expert staff, you will have the peace of mind that the numbers displayed in the appraisal will clearly demonstrate to the authorities that the numbers used are accurate and substantiated.
P.M. Appraisals, Inc. will provide an accurate report, which will give an executor accurate facts and figures that will exceed IRS and state agency requirements. There's no need to have anything but peace of mind when getting a report from P.M. Appraisals, Inc., because we will back it no matter what.
One of the most important requirements in an appraisal is an appraiser-backed opinion of value in an exhaustive reason as to how the appraiser came to his conclusion.