Appraisals for Estate Settlement by Texas Real Estate Office
The responsibility of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the deceased as quickly and with as much dignity as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone left behind.
Attorneys and accountants count on our ideals when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. There are required needs for everyone; we are sympathetic to these needs and are acclimated to working with all parties involved. We construct appraisal reports that transcend the needs of the legal system and different agencies.
Contact us promptly to discuss your specialized estate appraisal specifications and how we can put our knowledge to work for you.
Settling an estate generally requires an appraisal to acquire fair market value for the property therein. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. Because of this, now and then there will be times that the date of an appraisal report differs from the time of death. Texas Real Estate Office assures that our appraisers are familiar with the procedures and requirements requested by the IRS and TX revenue agencies to provide a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our appraisers to confidentiality, guaranteeing the highest degree of privacy for you and your family.
The necessity of ordering a real estate appraisal when working with government agencies to prove income when filing documents is often unknown by most people.
An exhaustive report showing the appraiser's opinion of value is necessary to back the methods the appraiser used to come to his conclusions. This sort of report will clearly demonstrate your claim that the numbers provided within the report are well-founded and accurate.
Texas Real Estate Office ensures an accurate report, which will give an executor definite facts and figures that will meet IRS and state agency requirements. There's no need to have anything but peace of mind when getting a report from Texas Real Estate Office, because we will back it no matter what.
One of the most essential requirements in an appraisal is an appraiser-supported opinion of value in an exhaustive reason as to how the appraiser came to his conclusion.