Appraisals for Estate Settlement by Metro Appraisals
Settling an estate is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly and respectfully as possible. You can count on us to act quickly and with as much respect to the feelings of everyone in bereavement.
Part of Metro Appraisals's focus is to provide top-notch, ethical appraisals that lawyers can rely on. Often, everyone involved will have differing expectations of how the appraisal process should work; however, our experience of the estate process definitely satisfy all parties involved. We produce appraisal reports that exceed the requirements of the courts and various agencies.
Contact us immediately to discuss your exact estate appraisal needs and how we can put our experience to work for you.
Usually, settling an estate requires an clear appraisal report to show fair market value for the home to the satisfaction of the parties involved. We sympathize that in this time of loss, ordering an appraisal is the furthest thought from your mind. Due to this, now and then the date of death differs from the date the appraisal is ordered. Metro Appraisals assures that our staff are comfortable 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 exact date you suffered the loss of your loved one. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our staff to confidentiality, assuring the strongest degree of privacy for you and your loved ones.
Most of the time people do not fully understand the requirement to have an exhaustive appraisal report prepared in support of the numbers being used in general documents filed with revenue authorities.
One of the most essential requirements in an appraisal report is an appraiser-supported opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion. This sort of report will certainly demonstrate the evidence that the numbers displayed within the report are well-founded and accurate.
Having a professional appraisal report from Metro Appraisals gives the executor undeniable facts and figures to work with in meeting IRS and ID state agency requirements. You need not be concerned over anything, because we will be there to support our work if they are ever challenged.
A comprehensive report showing the appraiser's opinion of value is necessary to back the methods the appraiser used to come to his conclusions.