![]() Property Valuations for Estate Settlement by First Choice Appraisal Corp.The task of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the deceased as promptly and exactly as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone left behind. Part of First Choice Appraisal Corp.'s drive is to offer top-notch, ethical appraisals that attorneys can rely on. We are sympathetic to their needs and are accustomed to working with all parties involved. In our company, we are accustomed to dealing with the courts in producing appraisals that meet their needs. Contact us immediately to discuss your explicit estate appraisal demands and how we can put our business acumen to work for you. Usually, settling an estate requires an clear appraisal report to show fair market value for the home to the satisfaction of the parties involved. It's understandable that thinking about an appraisal is the farthest thought from your mind. Due to this, often the time of death differs from the date the appraisal is ordered. First Choice Appraisal Corp. assures that our staff are familiar with the procedures and requirements needed by revenue services to provide 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) binds our staff to confidentiality, certifying the strongest degree of discretion for all parties involved. Most people don't realize that the IRS needs information filed to show the numbers involved in estate sales. One of the most necessary requirements in an appraisal is an appraiser-supported opinion of value in an exhaustive reason as to how the appraiser came to his conclusion. A report of this caliber will clearly substantiate the evidence that the numbers expressed within the report are well-founded and accurate. Having a professional appraisal from First Choice Appraisal Corp. gives the executor definite facts and figures to work with in meeting IRS and TN state agency requirements. You need not worry over anything, because we will be there to support our reports if they are ever refuted. An exhaustive report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions. |