Property Valuations for Estate Settlement by BP Appraising

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 departed as swiftly and respectfully as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone left behind.

Part of BP Appraising's company goal is to provide top-notch, ethical appraisals that attorneys can rely on. There are specific needs for everyone; we comprehend these necessities and are comfortable to dealing with all parties involved. Because of our familiarity in dealing with attorneys and accountants and different agencies, we supply appraisal reports that always outdo all expectations.

Contact us as soon as possible to discuss your explicit estate appraisal demands and how we can put our business acumen to work for you.

Generally, settling an estate requires an detailed appraisal report to acquire fair market value for the house to the satisfaction of the parties involved. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Due to this, often the date of death differs from the date the appraisal is requested. Our staff is comfortable with the practices and requirements obligatory to perform a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our staff to confidentiality, guaranteeing the strongest degree of privacy for all parties involved.

Many people do not understand that the IRS needs reports filed to explain the numbers involved in estate sales.

A comprehensive report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions. In having a report backed by BP Appraising's professional appraisers, you will have the understanding that the numbers shown in the report will clearly demonstrate to the ID agencies that the numbers used are well founded and correct.

BP Appraising ensures an accurate appraisal report, which will provide an executor solid facts and figures that will meet IRS and revenue agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the appraisal if it is ever refuted.

One of the most important requirements in an appraisal is an appraiser-backed opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion.