Appraisals for Estate Settlement by Residential Appraisals

The task of settling an estate, often a source of stress is very important. 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 understanding to the feelings of everyone involved.

We've made a name for ourselves in producing top-notch appraisals that lawyers and accountants have come to depend on. We understand their needs and are familiar with working with all parties involved. In relation to our familiarity in working with attorneys and accountants and various agencies, we write reports that always meet all expectations.

Contact us promptly to discuss your personal estate appraisal essentials and how we can put our business acumen to work for you.

Settling an estate usually demands an appraisal to establish fair market value for the home involved. We empathize that in times like this, even thinking about an appraisal report is the furthest thought from your mind. Due to this, sometimes the date of death differs from the date the appraisal is required. Residential Appraisals assures that our staff are knowledgeable about the procedures and requirements requested 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 ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our company to confidentiality, providing the highest degree of privacy for you and your family.

The requirement of owning an appraisal when cooperating with revenue services to prove income when filing documents is often misunderstood by most people.

One of the most necessary requirements in a report is an appraiser-supported opinion of value in a detailed explanation as to how the appraiser came to his conclusion. This sort of report will certainly substantiate your claim that the numbers provided within the report are well-founded and accurate.

Having a professional appraisal report from Residential Appraisals gives the executor solid facts and figures to work with in meeting IRS and RI state agency requirements. You need not worry over anything, because Residential Appraisals will be there to back up our appraisals if they are ever refuted.

Opinions of value displayed in documents filed with the the IRS and RI state agencies absolutely should be backed by an exhaustive report as to how the appraiser arrived at his conclusions.