Estate Settlement Appraisals in TN by East Tennessee Real Estate and Appraisal

The job 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 promptly and with as much dignity as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone involved.

Attorneys and accountants count on our ethics when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. We are sympathetic to their needs and are acclimated to working with all parties involved. Because of our experience in dealing with the legal system and different agencies, we construct appraisals that always exceed all expectations.

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

Usually, settling an estate requires an irrefutable appraisal report to determine fair market value for the property to the satisfaction of the parties involved. We empathize that in this time of loss, acquiring an appraisal report is the furthest thought from your mind. Of course, you need to take care of your loved ones first. We are familiar with the systems and requirements needed to supply 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) attunes our staff to confidentiality, assuring the fullest degree of discretion for you and your loved ones.

The necessity of owning a real estate appraisal when cooperating with the IRS to show income when filing documents is often not considered by most people.

One of the most significant requirements in an appraisal report is an appraiser-backed opinion of value in an exhaustive reason as to how the appraiser came to his conclusion. Such a report will definitely demonstrate to the IRS that the numbers used are accurate and substantiated.

Having a professional report from East Tennessee Real Estate and Appraisal gives the executor solid facts and figures to work with in meeting IRS and TN state agency requirements. There's no need to worry when getting an appraisal from East Tennessee Real Estate and Appraisal, because we will back it no matter what.

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