Property Valuations for Estate Settlement by Alamo Appraisal Group

Settling an estate is an important and sometimes stressful task. As an executor you have been entrusted to carry out the wishes of the departed as quickly and respectfully as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone left behind.

Part of Alamo Appraisal Group's drive is to supply top-notch, ethical appraisals that lawyers can depend on. We comprehend their needs and are familiar with dealing with all parties involved. In relation to our familiarity in dealing with attorneys and accountants and various agencies, we furnish appraisal reports that definitely meet all expectations.

Settling an estate usually demands an appraisal to establish fair market value for the house involved. We understand that in this time of loss, acquiring an appraisal is the furthest thought from your mind. Due to this, often the date of death differs from the time the appraisal is requested. Alamo Appraisal Group assures that our staff are accustomed to 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 your loved one passed away. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps us to confidentiality, assuring the strongest degree of privacy for all parties involved.

Most people don't realize that the IRS needs information filed to explain the numbers involved in estate sales.

One of the most essential requirements in an appraisal report is an appraiser-supported opinion of value in a detailed explanation as to how the appraiser came to his conclusion. Such a report will clearly demonstrate to the TX agencies that the numbers used are well-founded and correct.

Having a professional appraisal from Alamo Appraisal Group gives the executor solid facts and figures to work with in meeting IRS and TX state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal report if it is ever refuted.

An accurate report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions.