Estate Settlement Appraisals in WA by Faylor Appraisal Services

The job of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the departed as quickly and respectfully as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone in bereavement.

Part of Faylor Appraisal Services's drive is to create top-notch, ethical appraisals that attorneys can rely on. There are required needs for everyone; we comprehend these requirements and are comfortable to working with all parties involved. In our company, we are used to dealing with law offices in creating appraisal reports that transcend their demands.

Settling an estate commonly depends on an appraisal to establish fair market value for the house therein. It's understandable that ordering an appraisal is the farthest thought from your mind. Because of this, often there can be times that the effective date of an appraisal differs from the date of your loss. Faylor Appraisal Services assures that our staff are comfortable with the procedures and requirements needed by the IRS and WA revenue agencies to provide a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our appraisers to confidentiality, assuring the fullest degree of privacy for you and your loved ones.

The necessity of needing a real estate appraisal when working with government agencies to prove income when filing documents is often overlooked by most people.

A comprehensive report showing the appraiser's opinion of value is important to support the methods the appraiser used to come to his conclusions. A report of this caliber will definitely substantiate the evidence that the numbers expressed within the report are well-founded and accurate.

Having a professional appraisal from Faylor Appraisal Services gives the executor definite facts and figures to work with in going beyond IRS and WA state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal report if it is ever challenged.

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