Estate Settlement Appraisals in VA by Hodges Appraisal Services

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 promptly and respectfully as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone in bereavement.

We've made it our company's goal in supplying the best appraisals that lawyers and accountants have come to depend on. There are specific needs for everyone; we realize these requirements and are familiar to working with all parties involved. We compose appraisal reports that surpass the necessities of the courts and assorted groups.

Contact us promptly to discuss your explicit estate appraisal specifications and how we can put our knowledge to work for you.

Settling an estate commonly demands an appraisal to establish fair market value for the house in question. We know that in times like this, ordering an appraisal report is the furthest thought from your mind. Of course, it's expected that you need to comfort your family first. Hodges Appraisal Services assures that we are familiar with the procedures and requirements requested by the IRS and VA revenue agencies to perform a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our staff to confidentiality, assuring the highest degree of discretion for you.

People often forget that the IRS requires information filed to support the numbers involved in estate sales.

One of the most significant requirements in an appraisal is an appraiser-supported opinion of value in a detailed explanation as to how the appraiser came to his conclusion. A report of this caliber will clearly demonstrate the evidence that the numbers displayed within the report are well-founded and accurate.

Hodges Appraisal Services will provide an substantiated appraisal, which will provide an executor accurate facts and numbers that will meet IRS and revenue agency requirements. You need not stress over anything, because Hodges Appraisal Services will be there to back up our appraisals if they are ever challenged.

A comprehensive report showing the appraiser's opinion of value is important to support the methods the appraiser used to come to his conclusions.