Property Valuations for Estate Settlement by Alaska Real Estate Appraisal
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 respectfully as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone involved.
Attorneys and accountants count on our understanding when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. We comprehend their needs and are accustomed to dealing with all parties involved. In our company, we are used to interacting with law offices in supplying appraisal reports that meet their needs.
Contact us immediately to discuss your exact estate appraisal demands and how we can put our experience to work for you.
Generally, settling an estate requires an extensive appraisal report to ascertain fair market value for the home to the satisfaction of the parties involved. We sympathize that in times like this, ordering an appraisal report is the furthest thought from your mind. Because of this, now and then there will be times that the effective date of an appraisal report differs from the date of your loss. Our staff is familiar with the systems and requirements obligatory to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date you suffered the loss of your loved one. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our staff to confidentiality, ensuring the highest degree of privacy for all parties involved.
The requirement of needing an appraisal report when cooperating with revenue services to explain income when filing documents is often not considered by most people.
Opinions of value shown in documents filed with the revenue authorities absolutely should be backed by an accurate report as to how the appraiser arrived at his conclusions. A report of this caliber will definitely substantiate your claim that the numbers provided within the report are well-founded and accurate.
Having a professional appraisal from Alaska Real Estate Appraisal gives the executor definite facts and figures to work with in meeting IRS and AK state agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the report if it is ever refuted.
One of the most important requirements in a report is an appraiser-backed opinion of value in an exhaustive reason as to how the appraiser came to his conclusion.