Mitchell Real Estate Appraisals knows the special needs of estate executors
The task of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the deceased as promptly and with as much dignity as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone in bereavement.
Part of Mitchell Real Estate Appraisals's mission statement is to produce top-notch, ethical appraisals that lawyers can rely on. We understand their needs and are acclimated to working with all parties involved. Because of our familiarity in dealing with the courts and various agencies, we provide appraisal reports that definitely meet all expectations.
Contact us as soon as possible to discuss your specific estate appraisal essentials and how we can put our experience to work for you.
Usually, settling an estate necessitates an accurate appraisal report to determine fair market value for the home to the satisfaction of the parties involved. It's understandable that thinking about an appraisal is the farthest thought from your mind. Because of this, now and then there can be times that the date of an appraisal deviates from the date of your loss. Mitchell Real Estate Appraisals assures that our staff are familiar 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 date of death. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us to confidentiality, guaranteeing the highest degree of discretion for you and your family.
The requirement of needing a real estate appraisal when cooperating with the IRS to explain income when filing documents is often unknown by most people.
One of the most essential requirements in a report is an appraiser-backed opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion. A report of this caliber will definitely show the evidence that the numbers expressed within the report are well-founded and accurate.
Mitchell Real Estate Appraisals guarantees an detailed report, which will give an executor solid facts and figures that will exceed IRS and state agency requirements. You need not stress over anything, because we will be there to back up our appraisals if they are ever challenged.
Opinions of value used in documents filed with the the IRS and SC state agencies absolutely should be backed by a detailed report as to how the appraiser acquired his conclusions.