Property Valuations for Estate Settlement by Novotny Real Estate

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 departed as swiftly and exactly as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone involved.

We've shown that we're experts in providing excellent appraisals that attorneys and accountants have come to rely on. There are required needs for everyone; we are sympathetic to these necessities and are acclimated to dealing with all parties involved. Due to our familiarity in dealing with the courts and various agencies, we produce appraisals that always transcend all expectations.

Contact us promptly to discuss your explicit estate appraisal requirements and how we can put our knowledge to work for you.

Generally, settling an estate necessitates an extensive appraisal report to show 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. Due to this, sometimes the time of death differs from the date the appraisal is needed. Novotny Real Estate assures that we are comfortable with the procedures and requirements needed by the IRS and MN revenue agencies to produce a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our appraisers to confidentiality, guaranteeing the strongest degree of discretion for all parties involved.

The importance of having an appraisal when cooperating with the IRS to explain income when filing documents is often overlooked by most people.

Opinions of value shown in documents filed with the the IRS and MN state agencies definitely should be supported by an exhaustive report as to how the appraiser acquired his conclusions. In having a report backed by Novotny Real Estate's expert staff, you will have the knowledge that the numbers provided in the report will clearly demonstrate to the MN agencies that the numbers used are accurate and substantiated.

An executor will be ecstatic by an appraisal report by Novotny Real Estate which will provide him undeniable facts and figures to deal with revenue agencies' requirements. There's no need to be stressed out when getting an appraisal from us, 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 detailed reason as to how the appraiser came to his conclusion.