![]() Property Valuations for Estate Settlement by Scott RE AppraisalsSettling an estate is an important and sometimes stressful task. 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 left behind. Part of Scott RE Appraisals's mission statement is to supply top-notch, ethical appraisals that lawyers can depend on. Generally, the parties involved will have their own requirements of how the appraisal process should work; however, our knowledge of the estate process will undoubtedly satisfy all parties involved. We supply appraisal reports that exceed the obligations of the legal system and various groups. Contact us immediately to discuss your individual estate appraisal demands and how we can put our knowledge to work for you. Usually, settling an estate necessitates an detailed appraisal report to establish fair market value for the home to the satisfaction of the parties involved. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Because of this, now and then there will be times that the effective date of an appraisal differs from the date of your loss. Our company is familiar with the systems and requirements needed to produce a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms us to confidentiality, assuring the strongest degree of discretion for all parties involved. Most people don't realize that the IRS requires information filed to show the numbers involved in estate sales. One of the most significant requirements in an appraisal report is an appraiser-supported opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. In having a report backed by Scott RE Appraisals's professional staff, you will have the understanding that the numbers provided in the appraisal will certainly demonstrate to the NE agencies that the numbers used are accurate and substantiated. Scott RE Appraisals ensures an substantiated appraisal report, which will give an executor solid facts and numbers that will meet IRS and revenue agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal if it is ever challenged. One of the most necessary requirements in an appraisal is an appraiser-supported opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion. |