Property Valuations for Estate Settlement by Cobalt Appraisal Service

The job of settling an estate, often a source of stress is very important. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly and with as much dignity as possible. You can count on us to act quickly and with as much respect to the feelings of everyone involved.

Part of Cobalt Appraisal Service's drive is to produce top-notch, ethical appraisals that attorneys can rely on. We cater to their needs and are used to working with all parties involved. Due to our familiarity in dealing with attorneys and accountants and various agencies, we supply appraisal reports that always transcend all expectations.

Generally, settling an estate requires an accurate appraisal report to determine fair market value for the house to the satisfaction of the parties involved. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. Of course, it's imperative to comfort your loved ones first. Our company is comfortable with the procedures and requirements needed 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 obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us to confidentiality, ensuring the strongest degree of privacy for you and your loved ones.

Most of the time people do not fully appreciate the requirement to have a detailed real estate appraisal supplied in support of the numbers being used in tax documents filed with the IRS.

One of the most significant requirements in a report is an appraiser-supported opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion. Such a report will definitely demonstrate to the IRS that the numbers used are accurate and substantiated.

An executor will be satisfied by a report by Cobalt Appraisal Service which will give him irrefutable facts and numbers to cooperate with revenue agencies' requirements. There's no need to worry when getting an appraisal from us, because we will support it no matter what.

Opinions of value used in documents provided to the revenue authorities absolutely should be backed by a detailed report as to how the appraiser acquired his conclusions.