![]() Property Valuations for Estate Settlement by Michael FaganSettling an estate is an important and sometimes stressful task. As an executor you have been entrusted to carry out the wishes of the deceased as quickly and respectfully as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone in bereavement. Part of Michael Fagan 's focus is to produce top-notch, ethical appraisals that attorneys can rely on. There are specific needs for everyone; we are sympathetic to these needs and are comfortable to dealing with all parties involved. We offer appraisal reports that out-strip the obligations of the courts and different agencies. Contact us today to discuss your personal estate appraisal requirements and how we can put our experience to work for you. Commonly, settling an estate necessitates an extensive appraisal report to establish fair market value for the house to the satisfaction of the parties involved. We know that in this time of loss, even thinking about an appraisal report is the furthest thought from your mind. Due to this, often the time of death differs from the time the appraisal is required. Michael Fagan assures that our staff are knowledgeable about the procedures and requirements needed by the IRS and CA revenue agencies to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us to confidentiality, providing the strongest degree of discretion for you and your loved ones. The necessity of owning a real estate appraisal when cooperating with government agencies to prove income when filing documents is often misunderstood by most people. Opinions of value used in documents provided to the revenue authorities absolutely should be supported by an exhaustive report as to how the appraiser acquired his conclusions. In having a report backed by Michael Fagan 's expert staff, you will have the peace of mind that the numbers provided in the appraisal will definitely demonstrate to the authorities that the numbers used are well founded and correct. Michael Fagan guarantees an accurate appraisal report, which will provide an executor accurate facts and numbers that will meet IRS and revenue agency requirements. There's no need to worry when getting a report from Michael Fagan , because we will back it no matter what. One of the most significant requirements in an appraisal report is an appraiser-backed opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. |