Property Valuations for Estate Settlement by Johnson Real Estate AppraisalsThe task of settling an estate, often a source of stress, is not to be taken lightly. It's up to you as a trustee to carry out the wishes of a loved one as quickly and with as much dignity as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone in bereavement.
Lawyers and accountants depend on our ideals when calculating real estate values for estates, divorces, or other disputes requiring a value being determined for real property. There are required needs for everyone; we realize these needs and are comfortable with dealing with all parties involved. In relation to our experience in working with attorneys and accountants and other agencies, we compose reports that always transcend all expectations.
Settling an estate most often demands an appraisal to show market value for the residential property in question. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Of course, it's expected that you need to comfort your loved ones first. Our company is familiar with the systems and requirements needed to provide a retrospective appraisal with an effective date and market value estimate matching the date your loved one passed away. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our appraisers to confidentiality, ensuring the fullest degree of privacy for you and your family.
The requirement of having an appraisal when cooperating with government agencies to prove income when filing documents is often overlooked by most people.
Opinions of value displayed in documents filed with revenue authorities absolutely should be supported by a detailed report as to how the appraiser acquired his conclusions. Such a report will definitely demonstrate to the District of Columbia agencies that the numbers used are well-founded and correct.
An executor will be ecstatic by a report by Johnson Real Estate Appraisals which will give him solid facts and figures to deal with revenue agencies' requirements. There's no need to be concerned when getting an appraisal from us, because we will stand by it no matter what.