The loss of a loved one is a difficult time in life. As the executor of the estate you are required to carry out the wishes of the deceased in a timely manner.It is a wise decision to rely on a professional when establishing the value of real property.
Accountants, Attorneys, Executors and Estate Planners often use our services to prepare an appraisal to establish Fair Market Value for the property involved.
The effective date has to be as of the date of the death, which is often prior to the date that the appraisal was requested. This is called a retrospective appraisal report. The appraiser has to use market data and com parables that were closed prior to the date of death because those data are the indicative of market value for the property when the death occurred.
This requires resources and experience. We collect and analyze historical market data and prepare a credible, honest, accurate and defensible appraisal report that meets the requirement USPAP.