Appraisals for Estate Settlement by Mike Noble Appraisals
Settling an estate is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the departed as promptly and respectfully 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 depend on our ethics when calculating real property values for estates, divorces, or other disputes requiring a cost being placed on real property. Sometimes, everyone involved will have differing suggestions of how the appraisal process should work; however, our understanding of the estate process will undoubtedly satisfy all parties involved. We compose appraisal reports that meet the obligations of the courts and other agencies.
Contact us today to discuss your personal estate appraisal needs and how we can put our business acumen to work for you.
Usually, settling an estate requires an detailed 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, even thinking about an appraisal is the furthest thought from your mind. Because of this, now and then there can be times that the effective date of an appraisal report differs from the time of death. Mike Noble Appraisals assures that our appraisers are accustomed to the procedures and requirements needed by the IRS and AL revenue agencies to perform a retroactive appraisal with an effective date and fair market value estimate matching the exact date you suffered the loss of your loved one. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our staff to confidentiality, providing the fullest degree of privacy for all parties involved.
The requirement of needing a real estate appraisal when cooperating with revenue services to prove income when filing documents is often misunderstood by most people.
An accurate report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions. In having a report backed by Mike Noble Appraisals's professional staff, you will have the knowledge that the numbers provided in the appraisal will clearly demonstrate to the IRS that the numbers used are well founded and substantiated.
An executor will be satisfied by an appraisal report by Mike Noble Appraisals which will show him solid facts and figures to work with revenue agencies' requirements. There's no need to worry when getting a report from Mike Noble Appraisals, because we will back it no matter what.
One of the most important requirements in a report is an appraiser-supported opinion of value in an exhaustive reason as to how the appraiser came to his conclusion.