Estate Settlement Appraisals in Michigan by Professional Appraisal Group
Settling an estate is an important and sometimes stressful job. It’s up to you as an executor to carry out the wishes of a loved one as promptly and respectfully as possible. You can count on us to respond expeditiously and with as much sensitivity to the feelings of everyone in bereavement.
Attorneys and accountants depend on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a value being determined for real property. Usually, all parties will have differing ideas of how the appraisal process should work; however, our understanding of the estate process will, without a doubt, satisfy all parties involved. Because of our familiarity in dealing with the courts and various agencies, we create appraisal reports that definitely meet all expectations.
Commonly, settling an estate requires a detailed appraisal report to establish market value for the house to the satisfaction of the parties involved. It’s understandable that thinking about an appraisal is the farthest thought from your mind. So, it’s possible the time an appraisal is requested will differ the date of death. We are knowledgeable about the systems and requirements necessary to produce a retrospective appraisal with an effective date and market value estimate matching the date you suffered the loss of your loved one. The ethical requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our company to confidentiality, providing the highest degree of discretion for you and your family.
The necessity of needing an appraisal when dealing with revenue services to prove income when filing documents is often overlooked by most people.
One of the most significant requirements in a report is an appraiser-supported opinion of value in a detailed reason as to how the appraiser came to his conclusion. This level of documentation will clearly substantiate the evidence that the values expressed are well-founded and accurate.
Professional Appraisal Group guarantees a substantiated appraisal report, which will give an executor accurate facts and figures that will exceed IRS and state agency requirements. You need not worry over anything, because Professional Appraisal Group will be there to stand by our appraisals if they are ever refuted.