Property Valuations for Estate Settlement by Price Appraisals & Realty, LLC
Settling an estate 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 with as much dignity as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone involved.
Lawyers and accountants count on our understanding when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. There are required needs for everyone; we understand these requirements and are used to to working with all parties involved. We produce appraisal reports that outdo the necessities of the legal system and assorted agencies.
Contact us promptly to discuss your specific estate appraisal demands and how we can put our business acumen to work for you.
Usually, settling an estate requires an extensive appraisal report to determine fair market value for the home to the satisfaction of the parties involved. We understand that in this time of loss, acquiring an appraisal report is the furthest thought from your mind. Because of this, often there are times that the effective date of an appraisal deviates from the date of your loss. Price Appraisals & Realty, LLC assures that we are familiar with the procedures and requirements needed by the IRS and TX revenue agencies to provide a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes us to confidentiality, providing the strongest degree of privacy for you and your loved ones.
The necessity of ordering a real estate appraisal when cooperating with government agencies to explain income when filing documents is often overlooked by most people.
An accurate report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions. In having a report backed by Price Appraisals & Realty, LLC's expert staff, you will have the understanding that the numbers shown in the appraisal will definitely demonstrate to the TX agencies that the numbers used are well founded and substantiated.
Price Appraisals & Realty, LLC will provide an well-founded appraisal report, which will provide an executor definite facts and figures that will exceed IRS and revenue agency requirements. You need not stress over anything, because Price Appraisals & Realty, LLC will be there to back up our reports if they are ever refuted.
One of the most important requirements in an appraisal report is an appraiser-supported opinion of value in a detailed reason as to how the appraiser came to his conclusion.