Bowers Real Estate & Appraisal Services understands the special needs of estate executors
Settling an estate is an important and sometimes stressful job. 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 sensitivity to the feelings of everyone left behind.
We've shown that we're experts in producing the best appraisals that lawyers and accountants have come to depend on. There are required needs for everyone; we understand these needs and are comfortable to working with all parties involved. In our company, we are accustomed to interacting with law offices in creating appraisals that out-strip their demands.
Contact us immediately to discuss your specific estate appraisal essentials and how we can put our experience to work for you.
Settling an estate generally demands an appraisal to establish fair market value for the house in question. We know that when you lose a loved one, acquiring 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 differs from the time of death. Our company is knowledgeable about the practices and requirements obligatory to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes us to confidentiality, assuring the strongest degree of discretion for you.
The importance of owning an appraisal report when dealing with government agencies to show income when filing documents is often not considered by most people.
One of the most important requirements in a report is an appraiser-supported opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion. Such a report will certainly demonstrate to the authorities that the numbers used are accurate and substantiated.
Having a professional appraisal report from Bowers Real Estate & Appraisal Services gives the executor irrefutable facts and figures to work with in meeting IRS and CA 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.
Opinions of value used in documents provided to the revenue authorities absolutely should be supported by a comprehensive report as to how the appraiser came to his conclusions.