Property Valuations for Estate Settlement by BN Real Estate, Inc.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 deceased as promptly and exactly as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone involved. We've made it our company's goal in producing top-notch appraisals that lawyers and accountants have come to rely on. Sometimes, all parties will have differing ideas of how the appraisal process should work; however, our experience of the estate process definitely satisfy all parties involved. We create appraisal reports that transcend the necessities of the legal system and different agencies. Contact us promptly to discuss your specific estate appraisal specifications and how we can put our knowledge to work for you. Generally, settling an estate requires an clear appraisal report to ascertain fair market value for the home to the satisfaction of the parties involved. It's understandable that ordering an appraisal is the farthest thought from your mind. So, it's possible the time an appraisal report is requested will differ the date of death. Our staff is comfortable with the procedures and requirements obligatory to provide a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our appraisers to confidentiality, assuring the highest degree of discretion for all parties involved. Most people don't realize that the IRS requires reports filed to support the numbers involved in estate sales. Opinions of value displayed in documents provided to the revenue authorities absolutely should be supported by an accurate report as to how the appraiser came to his conclusions. A report of this caliber will definitely substantiate the evidence that the numbers expressed within the report are well-founded and accurate. Having a professional appraisal report from BN Real Estate, Inc. gives the executor irrefutable facts and figures to work with in meeting IRS and VA state agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the report if it is ever challenged. One of the most significant requirements in a report is an appraiser-supported opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion. |