Monroe Owen Appraisal, Inc. understands the special needs of estate executors
Estate settlement 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 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.
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 expectations of how the appraisal process should work; however, our understanding of the estate process will undoubtedly satisfy all parties involved. In our company, we are accustomed to working with law offices in producing reports that transcend their needs.
Contact us immediately to discuss your individual estate appraisal requirements and how we can put our business acumen to work for you.
Generally, settling an estate necessitates an irrefutable appraisal report to show fair market value for the home to the satisfaction of the parties involved. We know that in times like this, acquiring an appraisal report is the furthest thought from your mind. Because of this, often there can be times that the effective date of an appraisal report differs from the date of your loss. Our staff is familiar with the practices and requirements needed to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date you suffered the loss of your loved one. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our staff to confidentiality, assuring the fullest degree of discretion for you.
The requirement of needing a real estate appraisal when dealing with revenue services to prove income when filing documents is often misunderstood by most people.
An accurate report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions. Such a report will clearly demonstrate to the IN agencies that the numbers used are well-founded and correct.
Monroe Owen Appraisal, Inc. will provide an accurate report, which will give an executor accurate facts and figures that will meet IRS and 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 challenged.
An accurate report showing the appraiser's opinion of value is important to back the methods the appraiser used to come to his conclusions.