Property Valuations for Estate Settlement by KRR Appraisals

Settling an estate is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly 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 KRR Appraisals's mission statement is to produce top-notch, ethical appraisals that lawyers can depend on. We comprehend their needs and are accustomed to helping with all parties involved. We furnish appraisal reports that outdo the needs of the legal system and various agencies.

Contact us as soon as possible to discuss your specific estate appraisal essentials and how we can put our knowledge to work for you.

Settling an estate usually requires an appraisal to acquire fair market value for the residential property affected. It's understandable that ordering an appraisal is the farthest thought from your mind. Because of this, often there will be times that the effective date of an appraisal differs from the date of your loss. KRR Appraisals assures that we are knowledgeable about the procedures and requirements needed by revenue services to provide a retroactive appraisal with an effective date and fair market value estimate matching the exact date you suffered the loss of your loved one. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our appraisers to confidentiality, assuring the strongest degree of privacy for you.

The requirement of owning a real estate appraisal when cooperating with the IRS to explain income when filing documents is often misunderstood by most people.

A comprehensive report showing the appraiser's opinion of value is important to support the methods the appraiser used to come to his conclusions. In having a report backed by KRR Appraisals's professional staff, you will have the peace of mind that the numbers displayed in the appraisal report will clearly demonstrate to the authorities that the numbers used are well founded and correct.

KRR Appraisals will provide an accurate appraisal report, which will give an executor accurate facts and figures that will exceed IRS and revenue agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the appraisal report if it is ever challenged.

One of the most essential requirements in an appraisal report is an appraiser-supported opinion of value in a comprehensive reason as to how the appraiser came to his conclusion.