Estate Settlement Appraisals in CA by Premier Appraisal of SoCal
Estate settlement is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the departed as quickly and with as much dignity as possible. You can count on us to act quickly and with as much respect to the feelings of everyone left behind.
Lawyers and accountants rely on our ethics when calculating real estate values for estates, divorces, or other disputes requiring a cost being placed on real property. Often, all parties will have differing ideas of how the appraisal process should work; however, our understanding of the estate process will, without a doubt, satisfy all parties involved. Among our staff, we are used to interacting with legal agencies in writing appraisals that transcend their necessities.
Contact us immediately to discuss your precise estate appraisal specifications and how we can put our knowledge to work for you.
Generally, settling an estate necessitates an clear appraisal report to suggest fair market value for the house to the satisfaction of the parties involved. It's understandable that thinking about an appraisal is the farthest thought from your mind. So, it's possible the date an appraisal is ordered will deviate the date of death. Premier Appraisal of SoCal assures that our appraisers are familiar with the procedures and requirements needed by revenue services to produce 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) attunes our staff to confidentiality, certifying the strongest degree of privacy for you and your family.
The requirement of owning a real estate appraisal when dealing with government agencies to prove income when filing documents is often unknown by most people.
One of the most important 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. Such a report will clearly demonstrate to the IRS that the numbers used are well-founded and substantiated.
Premier Appraisal of SoCal will provide an detailed report, which will provide an executor solid facts and figures that will meet IRS and state agency requirements. You need not worry over anything, because Premier Appraisal of SoCal will be there to stand by our reports if they are ever refuted.
An exhaustive report showing the appraiser's opinion of value is important to support the methods the appraiser used to come to his conclusions.