Res1 Valuation & Consulting, Inc. knows the special needs of estate executors

Settling an estate is an important and sometimes stressful job. 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 sympathy to the feelings of everyone involved.

Attorneys and accountants depend on our ideals when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. There are required needs for everyone; we comprehend these requirements and are comfortable to dealing with all parties involved. Among our staff, we are accustomed to interacting with legal agencies in supplying reports that exceed their demands.

Contact us immediately to discuss your personal estate appraisal needs and how we can put our experience to work for you.

Settling an estate generally demands an appraisal to ascertain fair market value for the house involved. We empathize that when you lose a loved one, ordering an appraisal is the furthest thought from your mind. Due to this, there is a chance that the date of death differs from the date the appraisal is ordered. Res1 Valuation & Consulting, Inc. assures that our appraisers are comfortable with the procedures and requirements requested by the IRS and WA revenue agencies to provide a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes us to confidentiality, assuring the highest degree of privacy for you.

Many times, people do not fully appreciate the necessity in having a full real estate appraisal supplied in support of the numbers displayed in general documents filed with the IRS.

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. Such a report will certainly demonstrate to the WA agencies that the numbers used are well-founded and substantiated.

Having a professional report from Res1 Valuation & Consulting, Inc. gives the executor solid 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 will always be there to stand behind the appraisal if it is ever refuted.

Opinions of value used in documents filed with the revenue authorities absolutely should be backed by an accurate report as to how the appraiser arrived at his conclusions.