Fairway Appraisal Services knows the special needs of estate executors
The task 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 respectfully as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone left behind.
Lawyers and accountants count on our conduct when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. We are sympathetic to their needs and are familiar with helping with all parties involved. In relation to our experience in dealing with the legal system and other agencies, we compose appraisal reports that definitely outdo all expectations.
Contact us promptly to discuss your exact estate appraisal essentials and how we can put our business acumen to work for you.
Commonly, settling an estate necessitates an accurate appraisal report to suggest fair market value for the property to the satisfaction of the parties involved. It's understandable that ordering an appraisal is the farthest thought from your mind. Of course, you need to take care of your loved ones first. We are familiar with the systems and requirements needed to supply 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) attunes our appraisers to confidentiality, assuring the fullest degree of discretion for you and your family.
Most people don't realize that the IRS requires reports filed to explain the numbers involved in estate sales.
A comprehensive report showing the appraiser's opinion of value is important to support the methods the appraiser used to come to his conclusions. A report of this caliber will certainly show the evidence that the numbers displayed within the report are well-founded and accurate.
Fairway Appraisal Services guarantees an detailed report, which will give an executor definite facts and numbers that will exceed IRS and revenue agency requirements. You need not be concerned over anything, because we will be there to back up our appraisals if they are ever refuted.
One of the most essential requirements in an appraisal report is an appraiser-backed opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion.