![]() Property Valuations for Estate Settlement by Catron Appraisal CompanyThe responsibility of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the departed as swiftly and exactly as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone involved. Attorneys and accountants rely on our conduct when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. Generally, the parties involved will have their own ideas of how the appraisal process should work; however, our knowledge of the estate process will, without a doubt, satisfy all parties involved. Among our staff, we are accustomed to interacting with legal agencies in supplying appraisals that surpass their needs. Contact us immediately to discuss your explicit estate appraisal requirements and how we can put our business acumen to work for you. Generally, settling an estate requires an extensive appraisal report to determine fair market value for the home to the satisfaction of the parties involved. We sympathize that when you lose a loved one, acquiring an appraisal report is the furthest thought from your mind. Due to this, there is a chance that the time of death differs from the time the appraisal is requested. Our staff is accustomed to the practices and requirements necessary to perform a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our company to confidentiality, ensuring the strongest degree of discretion for you. The importance of having a real estate appraisal when dealing with revenue services to prove income when filing documents is often not considered by most people. One of the most essential requirements in an appraisal report is an appraiser-backed opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. Such a report will clearly demonstrate to the VA agencies that the numbers used are accurate and substantiated. An executor will be satisfied by a report by Catron Appraisal Company which will give him undeniable facts and figures to cooperate with revenue agencies' requirements. You need not be concerned over anything, because Catron Appraisal Company will be there to back up our work if they are ever challenged. Opinions of value displayed in documents filed with the revenue authorities definitely should be supported by an accurate report as to how the appraiser acquired his conclusions. |