Price Appraisals & Realty, LLC understands the special needs of estate executors
The responsibility 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 departed as quickly and exactly as possible. You can count on us to act quickly and with as much respect to the feelings of everyone in bereavement.
Lawyers and accountants count on our ethics when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. Usually, everyone involved will have differing suggestions of how the appraisal process should work; however, our experience of the estate process definitely satisfy all parties involved. We supply appraisal reports that meet the necessities of the legal system and other groups.
Contact us promptly to discuss your unique estate appraisal demands and how we can put our business acumen to work for you.
Settling an estate generally demands an appraisal to acquire fair market value for the home therein. We know that when you lose a loved one, even thinking about an appraisal report is the furthest thought from your mind. So, there's a chance the date an appraisal is requested will be different from the date of death. Price Appraisals & Realty, LLC assures that our appraisers are comfortable with the procedures and requirements requested by the IRS and TX revenue agencies to provide a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our company to confidentiality, ensuring the strongest degree of discretion for you and your family.
The requirement of needing an appraisal when working with revenue services to prove income when filing documents is often not considered by most people.
One of the most necessary requirements in a report is an appraiser-backed opinion of value in an exhaustive reason as to how the appraiser came to his conclusion. A report of this caliber will certainly show the evidence that the numbers expressed within the report are well-founded and accurate.
Price Appraisals & Realty, LLC guarantees an accurate appraisal report, which will provide an executor definite facts and numbers that will exceed IRS and state agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the appraisal if it is ever refuted.
Opinions of value used in documents filed with the revenue authorities definitely should be backed by an exhaustive report as to how the appraiser arrived at his conclusions.