01
Understanding Estate Appraisals
An Estate Appraisal is a retrospective valuation, establishing the fair market value of a property as of a specific date, typically the date of the property owner’s passing. This differs from standard appraisals and is essential for:
- Probate and Legal Requirements: Providing a legally sound valuation for estate administration.
- Tax Obligations: Accurately calculating inheritance taxes and other estate-related taxes.
- Equitable Asset Distribution: Ensuring a fair and just division of property among heirs.
- Informed Decision-Making: Empowering executors and beneficiaries with a clear understanding of the asset’s worth.
02
Cost of Estate Appraisal
(Please note that these are estimates based on our Accra market experience. For an accurate quote tailored to your specific property, please contact us.)
03
Why Choose Shabach Realty?
- Local Expertise: We possess in-depth knowledge of the real estate market, including historical trends and neighborhood nuances crucial for accurate retrospective valuations.
- Certified and Experienced Appraisers: Our team comprises qualified and experienced appraisers who adhere to the highest industry standards and ethical guidelines.
- Timely and Professional Service: We understand the importance of efficiency during estate settlement and strive to provide prompt and professional appraisal services.
- Clear and Comprehensive Reports: Our appraisal reports are detailed, well-documented, and easy to understand, providing a clear picture of the property’s value.
- Compassionate and Understanding Approach: We handle each estate appraisal with sensitivity and respect for the circumstances.
04
Factors that may Influence Cost
- Property Size and Complexity: More extensive properties require greater time and analysis.
- Condition at the Date of Death: Significant disrepair or unique features may necessitate additional research.
- Availability of Historical Data: Difficulty in accessing relevant past market information can impact cost.
- Urgency of Service: Expedited appraisals may incur additional fees.
- Specific Location: Market nuances and travel considerations can play a role.
05
Importance of Professional Estate Appraisal
A professional estate appraisal is crucial for ensuring accuracy, fairness, and legal compliance during estate settlement. It provides an unbiased opinion, helps avoid disputes among beneficiaries, and ensures proper tax reporting.
06
Take the next step
If you require a professional Estate Appraisal, Shabach Realty is here to assist. Contact us today for a confidential discussion of your needs and a personalized fee quote. We are committed to providing you with accurate, reliable, and compassionate service during this important time.
Contact Us:
+1 571 340 0079
info@shabachrealty.com