Estate Settlement Appraisals in TX by Price Appraisals & Realty, LLC
Estate settlement is an important and sometimes stressful job. 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 compassion to the feelings of everyone left behind.
Attorneys and accountants rely on our ethics when calculating real property values for estates, divorces, or other disputes requiring a worth being placed on real property. Generally, all parties will have differing requirements of how the appraisal process should work; however, our experience of the estate process will undoubtedly satisfy all parties involved. In our company, we are used to interacting with the courts in composing appraisal reports that exceed their demands.
Contact us promptly to discuss your exact estate appraisal essentials and how we can put our business acumen to work for you.
Usually, settling an estate necessitates an extensive appraisal report to determine fair market value for the house to the satisfaction of the parties involved. We know that in this time of loss, acquiring an appraisal report is the furthest thought from your mind. So, it's possible the date an appraisal is needed will not match the date of death. Price Appraisals & Realty, LLC assures that our staff are knowledgeable about the procedures and requirements needed by revenue services 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 appraisers to confidentiality, providing the strongest degree of discretion for you and your family.
People often forget that the IRS requires information filed to show the numbers involved in estate sales.
An exhaustive report showing the appraiser's opinion of value is important to back the methods the appraiser used to come to his conclusions. Such a report will definitely demonstrate to the authorities that the numbers used are well-founded and substantiated.
An executor will be ecstatic by a report by Price Appraisals & Realty, LLC which will give him irrefutable facts and figures to cooperate with the IRS and TX state agencies' requirements. You need not stress over anything, because we will be there to back up our appraisals if they are ever refuted.
One of the most significant requirements in an appraisal report is an appraiser-backed opinion of value in a detailed explanation as to how the appraiser came to his conclusion.