Appraisals for Estate Settlement by Race Appraisal Services, LLC

Settling an estate is an important and sometimes stressful task. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly and respectfully as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone in bereavement.

Lawyers and accountants depend on our ethics when calculating real estate values for estates, divorces, or other disputes requiring a cost being placed on real property. There are specific needs for everyone; we cater to these requirements and are familiar to dealing with all parties involved. Among our staff, we are used to working with the courts in providing appraisal reports that meet their necessities.

Contact us promptly to discuss your specific estate appraisal needs and how we can put our business acumen to work for you.

Usually, settling an estate necessitates an irrefutable appraisal report to determine fair market value for the house to the satisfaction of the parties involved. We understand that when you lose a loved one, acquiring an appraisal report is the furthest thought from your mind. Because of this, now and then there will be times that the effective date of an appraisal report differs from the date of your loss. Race Appraisal Services, LLC assures that our staff are familiar with the procedures and requirements requested by revenue services to provide 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 requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our company to confidentiality, certifying the fullest degree of privacy for you.

All too often, people do not fully fathom the requirement to have a full appraisal produced in support of the numbers shown in tax documents filed with the IRS.

A comprehensive report showing the appraiser's opinion of value is required 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.

Race Appraisal Services, LLC guarantees an well-founded report, which will give an executor accurate facts and numbers that will exceed IRS and state agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the report if it is ever refuted.

One of the most significant 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.

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Do you have a question relating to real estate appraisals? We can help. Simply fill out the form below and we'll contact you with the answer, with no obligation to you. We guarantee your privacy.

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