Mitchell Real Estate Appraisals understands the special needs of estate executors
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 promptly and respectfully as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone in bereavement.
We've made a name for ourselves in supplying the best appraisals that attorneys and accountants have come to depend on. There are required needs for everyone; we understand these needs and are familiar to working with all parties involved. We furnish appraisal reports that transcend the needs of the legal system and other agencies.
Contact us promptly to discuss your precise estate appraisal specifications and how we can put our experience to work for you.
Settling an estate commonly requires an appraisal to show fair market value for the property therein. It's understandable that thinking about an appraisal is the farthest thought from your mind. Of course, it's expected that you need to take care of your loved ones first. Mitchell Real Estate Appraisals assures that our appraisers are accustomed to the procedures and requirements needed by the IRS and SC revenue agencies to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes us to confidentiality, certifying the fullest degree of discretion for all parties involved.
Most people don't realize that the IRS requires documents filed to support the numbers involved in estate sales.
Opinions of value displayed in documents provided to the revenue authorities definitely should be supported by a comprehensive report as to how the appraiser arrived at his conclusions. This sort of report will certainly show the evidence that the numbers provided within the report are well-founded and accurate.
An executor will be satisfied by an appraisal by Mitchell Real Estate Appraisals which will provide him irrefutable facts and figures to cooperate with any legal agency's requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal if it is ever refuted.
One of the most necessary requirements in an appraisal report is an appraiser-backed opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion.