Property Valuations for Estate Settlement by The Castlerock Real Estate Company

Estate settlement is often stressful, but a very important job. 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 empathy to the feelings of everyone in bereavement.

Part of The Castlerock Real Estate Company's company goal is to provide top-notch, ethical appraisals that attorneys can rely on. There are required needs for everyone; we are sympathetic to these requirements and are familiar to dealing with all parties involved. In relation to our experience in working with attorneys and accountants and different agencies, we produce appraisals that definitely outdo all expectations.

Settling an estate generally depends on an appraisal to acquire fair market value for the house involved. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Because of this, often there can be times that the date of an appraisal differs from the date of your loss. Our professional staff is familiar with the practices and requirements needed to perform 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 listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our company to confidentiality, ensuring the highest degree of privacy for you.

The requirement of owning a real estate appraisal when dealing with the IRS to explain income when filing documents is often not considered by most people.

Opinions of value displayed in documents provided to the the IRS and KY state agencies absolutely should be supported by an exhaustive report as to how the appraiser acquired his conclusions. This sort of report will clearly substantiate your claim that the numbers expressed within the report are well-founded and accurate.

The Castlerock Real Estate Company ensures an detailed appraisal report, which will give an executor definite facts and numbers that will exceed IRS and state agency requirements. There's no need to be stressed out when getting a report from The Castlerock Real Estate Company, because we will stand by it no matter what.

One of the most significant requirements in an appraisal report is an appraiser-backed opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion.