Metro Appraisals understands the special needs of estate executors
The job 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 deceased as swiftly and exactly as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone involved.
Lawyers and accountants rely on our conduct when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. We cater to their needs and are accustomed to dealing with all parties involved. We construct appraisal reports that meet the needs of the legal system and various agencies.
Contact us immediately to discuss your precise estate appraisal specifications and how we can put our knowledge to work for you.
Settling an estate generally demands an appraisal to show fair market value for the residential property involved. We understand that in times like this, acquiring an appraisal is the furthest thought from your mind. So, we understand that the time an appraisal is needed will differ the date of death. Our staff is familiar with the systems and requirements necessary to perform a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us to confidentiality, providing the fullest degree of discretion for you and your family.
Often, people do not fully appreciate the necessity in having an exhaustive appraisal report prepared in support of the numbers being used in tax documents filed with the IRS and ID state agencies.
One of the most significant requirements in an appraisal report is an appraiser-supported opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. Such a report will certainly demonstrate to the authorities that the numbers used are accurate and substantiated.
An executor will be satisfied by an appraisal report by Metro Appraisals which will provide him irrefutable facts and numbers to work with the IRS and ID state agencies' requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the report if it is ever challenged.
Opinions of value displayed in documents filed with the the IRS and ID state agencies definitely should be supported by an accurate report as to how the appraiser acquired his conclusions.