Appraisals for Estate Settlement by Red River Residential AppraisalsThe job of settling an estate, often a source of stress is very important. As an executor you have been entrusted to carry out the wishes of the deceased as promptly and exactly 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 depend on our ethics when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. Sometimes, all parties will have their own suggestions of how the appraisal process should work; however, our experience of the estate process definitely satisfy all parties involved. In relation to our familiarity in working with the courts and other agencies, we offer appraisals that always meet all expectations. Contact us promptly to discuss your specialized estate appraisal demands and how we can put our business acumen to work for you. Commonly, settling an estate necessitates an accurate appraisal report to show fair market value for the home to the satisfaction of the parties involved. We understand that when you lose a loved one, even thinking about an appraisal is the furthest thought from your mind. Because of this, often there can be times that the date of an appraisal differs from the time of death. Our professional staff is accustomed to the practices and requirements necessary to produce a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our staff to confidentiality, assuring the strongest degree of privacy for all parties involved. Many people do not understand that the IRS needs documents filed to express the numbers involved in estate sales. An exhaustive report showing the appraiser's opinion of value is necessary to back the methods the appraiser used to come to his conclusions. In having a report supported by Red River Residential Appraisals's expert appraisers, you will have the peace of mind that the numbers shown in the report will certainly demonstrate to the authorities that the numbers used are accurate and substantiated. An executor will be satisfied by an appraisal by Red River Residential Appraisals which will provide him solid facts and figures to deal with the IRS and TN state agencies' requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the report if it is ever challenged. One of the most significant 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. |