Property Valuations for Estate Settlement by Patterson Appraisal Service

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 empathy to the feelings of everyone left behind.

Attorneys and accountants rely on our understanding when calculating real property values for estates, divorces, or other disputes requiring a worth being placed on real property. Often, all parties will have different requirements of how the appraisal process should work; however, our experience of the estate process will undoubtedly satisfy all parties involved. Because of our familiarity in working with the courts and other agencies, we write appraisal reports that always outdo all expectations.

Contact us as soon as possible to discuss your exact estate appraisal demands and how we can put our business acumen to work for you.

Commonly, settling an estate necessitates an clear appraisal report to ascertain fair market value for the home to the satisfaction of the parties involved. We empathize that when you lose a loved one, even thinking about an appraisal report is the furthest thought from your mind. Due to this, often the time of death differs from the date the appraisal is needed. Patterson Appraisal Service assures that our appraisers are knowledgeable about the procedures and requirements requested by revenue services to produce a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our appraisers to confidentiality, guaranteeing the strongest degree of privacy for all parties involved.

Often, people do not fully realize the requirement to have an intricate appraisal prepared in support of the numbers displayed in tax documents filed with the IRS.

One of the most essential requirements in an appraisal report is an appraiser-supported opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. A report of this caliber will definitely demonstrate your claim that the numbers provided within the report are well-founded and accurate.

Patterson Appraisal Service will provide an accurate appraisal report, which will give an executor definite facts and figures that will meet IRS and state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the report if it is ever refuted.

One of the most significant requirements in a report is an appraiser-backed opinion of value in an exhaustive reason as to how the appraiser came to his conclusion.