City Appraisal - Long Beach understands the special needs of estate executors

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

Attorneys and accountants depend on our understanding when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. We understand their needs and are familiar with working with all parties involved. Due to our familiarity in dealing with the legal system and other agencies, we create appraisals that always meet all expectations.

Settling an estate most often requires an appraisal to determine fair market value for the house therein. It's understandable that ordering an appraisal is the farthest thought from your mind. So, it's possible the date an appraisal is ordered will deviate the date of death. Our professional staff is knowledgeable about the procedures and requirements needed to supply a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our staff to confidentiality, providing the fullest degree of discretion for all parties involved.

The requirement of having a real estate appraisal when cooperating with the IRS to explain income when filing documents is often overlooked by most people.

A comprehensive report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions. Such a report will definitely demonstrate to the IRS that the numbers used are accurate and substantiated.

An executor will be over-joyed by an appraisal by City Appraisal - Long Beach which will show him undeniable facts and numbers to work with revenue agencies' requirements. You need not stress over anything, because City Appraisal - Long Beach will be there to stand by our appraisals if they are ever challenged.

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