BCR Real Estate Services knows the special needs of estate executors

Settling an estate is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the departed as promptly and exactly as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone left behind.

Lawyers and accountants rely on our ethics when calculating real property values for estates, divorces, or other disputes requiring a cost being placed on real property. We are sympathetic to their needs and are familiar with helping with all parties involved. We provide appraisal reports that surpass the requirements of the courts and other agencies.

Settling an estate commonly demands an appraisal to determine fair market value for the property therein. We sympathize that when you lose a loved one, even thinking about an appraisal is the furthest thought from your mind. Because of this, now and then there are times that the date of an appraisal report differs from the time of death. BCR Real Estate Services assures that our appraisers are comfortable with the procedures and requirements needed by the IRS and MN revenue agencies to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our appraisers to confidentiality, assuring the fullest degree of privacy for you and your family.

Most people don't realize that the IRS needs information filed to express the numbers involved in estate sales.

Opinions of value used in documents provided to the revenue authorities absolutely should be backed by an exhaustive report as to how the appraiser acquired his conclusions. In having a report supported by BCR Real Estate Services's professional staff, you will have the peace of mind that the numbers displayed in the appraisal report will clearly demonstrate to the IRS that the numbers used are well founded and substantiated.

Having a professional appraisal from BCR Real Estate Services gives the executor undeniable facts and figures to work with in going beyond IRS and MN state agency requirements. There's no need to be concerned when getting an appraisal from us, because we will stand by it no matter what.

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