Elite Real Estate Appraisals, LLC knows the special needs of estate executors

The task of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the deceased as promptly and respectfully as possible. You can count on us to act quickly and with as much empathy 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 cost being placed on real property. Usually, the parties involved will have their own expectations of how the appraisal process should work; however, our understanding of the estate process will undoubtedly satisfy all parties involved. We offer appraisal reports that surpass the needs of the legal system and various groups.

Contact us immediately to discuss your personal estate appraisal requirements and how we can put our experience to work for you.

Commonly, settling an estate requires an detailed appraisal report to ascertain fair market value for the property to the satisfaction of the parties involved. We understand that when you lose a loved one, even thinking about an appraisal report is the furthest thought from your mind. Of course, it's expected that you need to comfort your loved ones first. Our professional staff is familiar with the systems and requirements necessary to provide a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us to confidentiality, certifying the strongest degree of discretion for all parties involved.

People often forget that the IRS needs reports filed to support the numbers involved in estate sales.

An exhaustive report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions. Such a report will definitely demonstrate to the authorities that the numbers used are well-founded and correct.

An executor will be satisfied by a report by Elite Real Estate Appraisals, LLC which will show him irrefutable facts and numbers to cooperate with the IRS and MD state agencies' requirements. There's no need to worry when getting a report from Elite Real Estate Appraisals, LLC, because we will back it no matter what.

Opinions of value used in documents provided to the revenue authorities definitely should be backed by an accurate report as to how the appraiser acquired his conclusions.