Property Valuations for Estate Settlement by Dream Home Appraisals

Estate settlement is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the departed as promptly and exactly as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone left behind.

Lawyers and accountants depend on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. Often, everyone involved will have differing expectations of how the appraisal process should work; however, our knowledge of the estate process definitely satisfy all parties involved. We construct appraisal reports that surpass the requirements of the legal system and assorted agencies.

Settling an estate generally requires an appraisal to ascertain fair market value for the estate therein. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Of course, it's expected that you need to comfort your loved ones first. Dream Home Appraisals assures that we are knowledgeable about the procedures and requirements requested by the IRS and MN revenue agencies to produce a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us to confidentiality, assuring the strongest degree of privacy for you.

People often forget that the IRS needs information filed to express the numbers involved in estate sales.

Opinions of value shown in documents filed with the the IRS and MN state agencies absolutely should be supported by a comprehensive report as to how the appraiser arrived at his conclusions. This sort of report will definitely show the evidence that the numbers provided within the report are well-founded and accurate.

An executor will be over-joyed by an appraisal by Dream Home Appraisals which will show him undeniable facts and numbers to cooperate with revenue agencies' requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the appraisal if it is ever challenged.

Opinions of value used in documents filed with the revenue authorities definitely should be backed by an exhaustive report as to how the appraiser came to his conclusions.