Property Valuations for Estate Settlement by Pocono Mountain Appraisal, Inc.Estate settlement is an important and sometimes stressful job. It's up to you as an executor to carry out the wishes of the deceased as promptly and with as much dignity as possible. You can count on Pocono Mountain Appraisal, Inc. to act quickly and with as much understanding to the feelings of everyone involved.
Lawyers and accountants depend on our understanding when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. There are required needs for everyone; we are sympathetic to these needs and are familiar with dealing with all parties involved. Because of our experience in working with the legal system and various agencies, we construct appraisals that definitely outdo all expectations.
Generally, settling an estate requires an accurate appraisal report to acquire market value for the home to the satisfaction of the parties involved. It's understandable that thinking about an appraisal is the farthest thought from your mind. Because of this, now and then there can be times that the effective date of an appraisal deviates from the time of death. Our professional staff is familiar with the systems and requirements necessary to supply a retrospective appraisal with an effective date and market value estimate matching the date your loved one passed away. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our appraisers to confidentiality, assuring the fullest degree of discretion for you and your loved ones.
Many people do not understand that the IRS needs reports filed to explain the numbers involved in estate sales.
One of the most important requirements in a report is an appraiser-backed opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion. Such a report will definitely demonstrate to the authorities that the numbers used are accurate and correct.
Having a professional appraisal report from Pocono Mountain Appraisal, Inc. gives the executor solid facts and figures to work with in exceeding IRS and Pennsylvania state agency requirements. There's no need to worry when getting an appraisal from us, because we will stand by it no matter what.