Property Valuations for Estate Settlement by DMP Appraisals

Estate settlement is often stressful, but a very important job. As an executor, you have been given the power to carry out the wishes of the deceased as quickly and attentively as possible. You can count on DMP Appraisals to act expeditiously and with as much sensitivity to the feelings of everyone left behind.

Attorneys and accountants rely on our ethics when calculating real estate values for estates, divorces, or other disputes requiring a value being determined for real property. Often, everyone involved will have their own expectations of how the appraisal process should work; however, our knowledge of the estate process definitely satisfy all parties involved. We compose appraisal reports that exceed the needs of the legal system and different agencies.

Contact us as soon as possible to discuss your explicit estate appraisal needs and how we can put our experience to work for you.

Generally, settling an estate necessitates an irrefutable appraisal report to acquire market value for the home to the satisfaction of the parties involved. We empathize that in times like this, acquiring an appraisal is the furthest thought from your mind. So, there's a chance the date an appraisal report is requested will deviate the date of death. Our company is knowledgeable about the systems and requirements necessary to produce a retrospective appraisal with an effective date and market value estimate matching the date your loved one passed away. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us to confidentiality, ensuring the fullest degree of privacy for you and your family.

Most people don't realize that the IRS requires reports filed to show the numbers involved in estate sales.

One of the most important requirements in an appraisal is an appraiser-supported opinion of value in a detailed explanation as to how the appraiser came to his conclusion. This level of documentation will definitely show the evidence that the values expressed are well-founded and accurate.

Having a professional appraisal report from DMP Appraisals gives the executor undeniable facts and figures to work with in going beyond IRS and New York state agency requirements. You need not stress over anything, because DMP Appraisals will be there to back up our reports if they are ever challenged.