![]() Appraisals for Estate Settlement by OCVEstate settlement is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the departed as swiftly and exactly as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone involved. Lawyers and accountants depend on our ethics when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. Often, all parties will have different suggestions of how the appraisal process should work; however, our understanding of the estate process will undoubtedly satisfy all parties involved. We assemble appraisal reports that out-strip the obligations of the legal system and various groups. Contact us today to discuss your explicit estate appraisal essentials and how we can put our business acumen to work for you. Usually, settling an estate requires an irrefutable appraisal report to ascertain fair market value for the house to the satisfaction of the parties involved. We empathize that when you lose a loved one, acquiring an appraisal report is the furthest thought from your mind. So, there's a chance the date an appraisal is requested will differ the date of death. OCV assures that our staff are comfortable with the procedures and requirements needed by revenue services to provide a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethical requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our staff to confidentiality, certifying the highest degree of privacy for you. The requirement of needing a real estate appraisal when working with the IRS to explain income when filing documents is often misunderstood by most people. An accurate report showing the appraiser's opinion of value is important to back the methods the appraiser used to come to his conclusions. Such a report will clearly demonstrate to the OH agencies that the numbers used are well-founded and correct. OCV guarantees an accurate report, which will provide an executor clear facts and figures that will exceed IRS and revenue agency requirements. There's no need to be concerned when getting an appraisal from us, because we will stand by it no matter what. One of the most significant requirements in an appraisal is an appraiser-backed opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion. |