Property Valuations for Estate Settlement by Regional Real Estate Appraisal Service

Settling an estate 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 understanding to the feelings of everyone in bereavement.

Attorneys and accountants depend on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. There are required needs for everyone; we cater to these requirements and are comfortable to working with all parties involved. Among our staff, we are accustomed to dealing with law offices in providing appraisal reports that out-strip their necessities.

Settling an estate most often demands an appraisal to ascertain fair market value for the residential property affected. We understand that in this time of loss, ordering an appraisal is the furthest thought from your mind. Because of this, often there will be times that the date of an appraisal differs from the time of death. Regional Real Estate Appraisal Service assures that we are comfortable with the procedures and requirements requested by revenue services to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps us to confidentiality, assuring the highest degree of discretion for you and your loved ones.

Often, people do not fully comprehend the importance in having a full real estate appraisal supplied in support of the numbers being used in tax documents filed with the IRS.

One of the most essential requirements in an appraisal report is an appraiser-backed opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion. This sort of report will clearly show your claim that the numbers provided within the report are well-founded and accurate.

An executor will be over-joyed by an appraisal report by Regional Real Estate Appraisal Service which will give him solid facts and figures to cooperate with the IRS and NY state agencies' requirements. You need not stress over anything, because Regional Real Estate Appraisal Service will be there to support our appraisals if they are ever refuted.

Opinions of value shown in documents filed with the revenue authorities definitely should be supported by a detailed report as to how the appraiser arrived at his conclusions.