Soffera Realty & Appraisal Services Inc understands the special needs of estate executors

Settling an estate is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly and exactly as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone involved.

Attorneys and accountants depend on our conduct when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. Often, the parties involved will have differing suggestions of how the appraisal process should work; however, our understanding of the estate process will, without a doubt, satisfy all parties involved. We create appraisal reports that outdo the requirements of the courts and other agencies.

Contact us as soon as possible to discuss your precise estate appraisal requirements and how we can put our business acumen to work for you.

Settling an estate commonly requires an appraisal to determine fair market value for the home affected. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Due to this, it is possible that the date of death differs from the date the appraisal is needed. Our professional staff is knowledgeable about the systems and requirements needed to provide a retroactive appraisal with an effective date and fair market value estimate matching the exact date you suffered the loss of your loved one. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our staff to confidentiality, providing the highest degree of privacy for all parties involved.

All too often, people do not fully understand the demand to have a detailed appraisal prepared in support of the numbers being used in tax documents filed with revenue authorities.

One of the most essential requirements in an appraisal report is an appraiser-supported opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. Such a report will definitely demonstrate to the IRS that the numbers used are accurate and substantiated.

Soffera Realty & Appraisal Services Inc ensures an detailed appraisal, which will give an executor clear facts and figures that will meet IRS and revenue agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the appraisal report if it is ever refuted.

Opinions of value used in documents provided to the revenue authorities definitely should be backed by an accurate report as to how the appraiser acquired his conclusions.