Property Valuations for Estate Settlement by Michigan Home Appraisal Co.

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 swiftly and respectfully as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone left behind.

We've shown that we're experts in producing excellent appraisals that attorneys and accountants have come to rely on. Sometimes, all parties will have differing expectations of how the appraisal process should work; however, our experience of the estate process will undoubtedly satisfy all parties involved. Among our staff, we are accustomed to dealing with the courts in assembling appraisal reports that exceed their demands.

Usually, settling an estate requires an extensive appraisal report to determine fair market value for the property to the satisfaction of the parties involved. We sympathize that in this time of loss, acquiring an appraisal report is the furthest thought from your mind. Due to this, often the date of death differs from the time the appraisal is ordered. Michigan Home Appraisal Co. assures that our appraisers are familiar with the procedures and requirements needed by revenue services to supply a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our company to confidentiality, assuring the highest degree of privacy for you.

Many people do not understand that the IRS needs reports filed to express the numbers involved in estate sales.

An exhaustive report showing the appraiser's opinion of value is important to support the methods the appraiser used to come to his conclusions. Such a report will clearly demonstrate to the IRS that the numbers used are accurate and correct.

Michigan Home Appraisal Co. will provide an substantiated report, which will give an executor clear facts and figures that will exceed IRS and state agency requirements. There's no need to be stressed out when getting a report from Michigan Home Appraisal Co., because we will back it no matter what.

One of the most essential requirements in an appraisal is an appraiser-backed opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion.