Appraisals for Estate Settlement by Mitchell Real Estate 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 departed as quickly and exactly as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone involved.
Attorneys and accountants depend on our conduct when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. There are specific needs for everyone; we cater to these requirements and are acclimated to dealing with all parties involved. Among our staff, we are used to dealing with legal agencies in writing appraisals that transcend their needs.
Contact us immediately to discuss your specific estate appraisal needs and how we can put our knowledge to work for you.
Usually, settling an estate necessitates an extensive appraisal report to show fair market value for the house to the satisfaction of the parties involved. We empathize that when you lose a loved one, acquiring an appraisal report is the furthest thought from your mind. Due to this, often the time of death differs from the time the appraisal is required. Mitchell Real Estate Appraisals assures that our appraisers are accustomed to the procedures and requirements needed by revenue services to provide a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our company to confidentiality, assuring the highest degree of discretion for you.
Often, people do not fully realize the importance in having a detailed appraisal report produced in support of the numbers shown in general documents filed with the IRS and SC state agencies.
An accurate report showing the appraiser's opinion of value is important to support the methods the appraiser used to come to his conclusions. This sort of report will certainly demonstrate the evidence that the numbers expressed within the report are well-founded and accurate.
Having a professional report from Mitchell Real Estate Appraisals gives the executor definite facts and figures to work with in meeting IRS and SC state agency requirements. There's no need to be concerned when getting a report from Mitchell Real Estate Appraisals, because we will stand by it no matter what.
One of the most essential requirements in an appraisal is an appraiser-backed opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion.