Property Valuations for Estate Settlement by Phillips Real Estate Services, LLC.

Estate settlement is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the departed as quickly and exactly as possible. You can count on us to act quickly and with as much respect to the feelings of everyone in bereavement.

Part of Phillips Real Estate Services, LLC.'s focus is to provide top-notch, ethical appraisals that attorneys can depend on. There are specific needs for everyone; we understand these requirements and are acclimated to dealing with all parties involved. We compose appraisal reports that meet the requirements of the courts and other agencies.

Contact us as soon as possible to discuss your personal estate appraisal specifications and how we can put our knowledge to work for you.

Settling an estate generally depends on an appraisal to determine fair market value for the home therein. We empathize that when you lose a loved one, even thinking about an appraisal is the furthest thought from your mind. So, there's a chance the time an appraisal report is requested will be different from the date of death. Phillips Real Estate Services, LLC. assures that our appraisers are familiar with the procedures and requirements needed by the IRS and TN revenue agencies to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our company to confidentiality, assuring the highest degree of privacy for you and your family.

The necessity of having an appraisal report when working with government agencies to show income when filing documents is often overlooked by most people.

One of the most essential requirements in a report is an appraiser-supported opinion of value in a detailed explanation as to how the appraiser came to his conclusion. In having a report backed by Phillips Real Estate Services, LLC.'s expert appraisers, you will have the peace of mind that the numbers shown in the appraisal will certainly demonstrate to the IRS that the numbers used are accurate and correct.

Having a professional appraisal from Phillips Real Estate Services, LLC. gives the executor solid facts and figures to work with in going beyond IRS and TN state 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 refuted.

Opinions of value shown in documents filed with the the IRS and TN state agencies definitely should be backed by an exhaustive report as to how the appraiser acquired his conclusions.