Estate Settlement Appraisals in VA by The Appraisal Shoppe, Inc.
The job of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the departed as swiftly 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 in bereavement.
Attorneys and accountants depend on our ethics when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. Often, everyone involved will have different suggestions of how the appraisal process should work; however, our knowledge of the estate process will undoubtedly satisfy all parties involved. Among our staff, we are accustomed to interacting with the courts in writing reports that meet their demands.
Contact us immediately to discuss your specific estate appraisal demands and how we can put our knowledge to work for you.
Generally, settling an estate necessitates an clear appraisal report to show fair market value for the house to the satisfaction of the parties involved. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. So, we understand that the time an appraisal is requested will differ the date of death. The Appraisal Shoppe, Inc. assures that we 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 date you suffered the loss of your loved one. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our company to confidentiality, certifying the strongest degree of privacy for all parties involved.
People often forget that the IRS requires information filed to explain the numbers involved in estate sales.
An accurate report showing the appraiser's opinion of value is important to back the methods the appraiser used to come to his conclusions. In having a report backed by The Appraisal Shoppe, Inc.'s expert staff, you will have the understanding that the numbers provided in the appraisal report will clearly demonstrate to the IRS that the numbers used are accurate and substantiated.
Having a professional appraisal report from The Appraisal Shoppe, Inc. gives the executor solid facts and figures to work with in exceeding IRS and VA state agency requirements. You need not worry over anything, because we will be there to support our reports if they are ever challenged.
One of the most essential requirements in an appraisal report is an appraiser-backed opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion.