Appraisals for Estate Settlement by Gray Property Appraisal Services, LLC

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 respectfully as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone involved.

Part of Gray Property Appraisal Services, LLC's company goal is to create top-notch, ethical appraisals that lawyers can depend on. We understand their needs and are familiar with working with all parties involved. We produce appraisal reports that transcend the requirements of the legal system and assorted agencies.

Settling an estate most often depends on an appraisal to determine fair market value for the home affected. We empathize that in this time of loss, even thinking about an appraisal report is the furthest thought from your mind. Because of this, often there are times that the effective date of an appraisal report deviates from the date of your loss. Our company is knowledgeable about the practices and requirements needed to provide a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps us to confidentiality, certifying the fullest degree of discretion for all parties involved.

Many people do not understand that the IRS requires reports filed to show the numbers involved in estate sales.

Opinions of value shown in documents filed with the revenue authorities absolutely should be supported by a comprehensive report as to how the appraiser acquired his conclusions. In having a report supported by Gray Property Appraisal Services, LLC's professional appraisers, you will have the understanding that the numbers displayed in the appraisal report will certainly demonstrate to the authorities that the numbers used are well founded and correct.

Gray Property Appraisal Services, LLC guarantees an well-founded report, which will give an executor solid facts and numbers that will exceed IRS and revenue agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the appraisal report if it is ever challenged.

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