Property Valuations for Estate Settlement by Boston Mountain Real Estate
The responsibility 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 in bereavement.
Part of Boston Mountain Real Estate's company goal is to produce top-notch, ethical appraisals that attorneys can depend on. We realize their needs and are accustomed to dealing with all parties involved. We construct appraisal reports that transcend the requirements of the courts and assorted groups.
Contact us immediately to discuss your individual 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 home in question. We empathize that in times like this, acquiring an appraisal report is the furthest thought from your mind. So, there's a chance the date an appraisal is ordered will be different from the date of death. Boston Mountain Real Estate assures that we are comfortable with the procedures and requirements requested by the IRS and AR revenue agencies to perform a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our company to confidentiality, ensuring the strongest degree of privacy for you and your family.
Many times, people do not fully appreciate the importance in having an exhaustive real estate appraisal prepared in support of the numbers displayed in tax documents filed with the IRS.
An exhaustive report showing the appraiser's opinion of value is necessary to back the methods the appraiser used to come to his conclusions. In having a report backed by Boston Mountain Real Estate's expert staff, you will have the understanding that the numbers provided in the report will certainly demonstrate to the AR agencies that the numbers used are well founded and substantiated.
An executor will be ecstatic by a report by Boston Mountain Real Estate which will give him irrefutable facts and figures to work with the IRS and AR 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 refuted.
Opinions of value used in documents filed with the revenue authorities absolutely should be supported by an accurate report as to how the appraiser acquired his conclusions.