Northwood Appraisal knows 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 departed as swiftly and respectfully as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone left behind.

Part of Northwood Appraisal's drive is to offer top-notch, ethical appraisals that lawyers can depend on. We cater to their needs and are acclimated to helping with all parties involved. Because of our experience in working with the legal system and other agencies, we construct reports that always transcend all expectations.

Usually, settling an estate requires an irrefutable appraisal report to establish fair market value for the home to the satisfaction of the parties involved. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Of course, you have to comfort your family first. Our professional staff is knowledgeable about the practices and requirements obligatory to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our staff to confidentiality, guaranteeing the strongest degree of privacy for all parties involved.

All too often, people do not fully understand the requirement to have a full appraisal produced in support of the numbers displayed in general documents filed with the IRS.

An exhaustive report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions. This sort of report will certainly show your claim that the numbers displayed within the report are well-founded and accurate.

Having a professional appraisal from Northwood Appraisal gives the executor solid facts and figures to work with in exceeding IRS and WA state agency requirements. You need not stress over anything, because Northwood Appraisal will be there to support our reports if they are ever refuted.

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