Estate Settlement Appraisals in CA by Bowers Real Estate & Appraisal Services
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 departed as swiftly and exactly as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone in bereavement.
Attorneys 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 realize their needs and are accustomed to helping with all parties involved. In relation to our experience in dealing with the courts and different agencies, we provide appraisal reports that definitely transcend all expectations.
Contact us promptly to discuss your individual estate appraisal specifications and how we can put our experience to work for you.
Settling an estate commonly requires an appraisal to suggest fair market value for the residential property therein. It's understandable that ordering an appraisal is the farthest thought from your mind. Because of this, now and then there will be times that the effective date of an appraisal deviates from the date of your loss. Our company is comfortable with the systems and requirements necessary to perform a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our staff to confidentiality, certifying the highest degree of privacy for you and your loved ones.
The requirement of owning a real estate appraisal when dealing with the IRS to prove income when filing documents is often unknown by most people.
An accurate report showing the appraiser's opinion of value is important to support the methods the appraiser used to come to his conclusions. In having a report backed by Bowers Real Estate & Appraisal Services's professional appraisers, you will have the peace of mind that the numbers provided in the appraisal will certainly demonstrate to the IRS that the numbers used are accurate and correct.
Bowers Real Estate & Appraisal Services ensures an well-founded appraisal, which will provide an executor accurate facts and numbers that will meet IRS and revenue agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the appraisal report if it is ever challenged.
Opinions of value shown in documents filed with the revenue authorities definitely should be backed by an exhaustive report as to how the appraiser arrived at his conclusions.