Personal Appraisal
Elite Appraisal Center, Inc. performs many appraisals for personal reasons. If you are thinking of selling your real estate and are not sure what to list for, we can assist with establishing current market value for the purpose of selling. Unlike real estate agents who can perform market analysis with the intent to get your real estate listing, we have no interest in selling your real estate and simply provide an unbiased opinion of current market value.

Are you paying PMI ( PrivateMortgage Insurance)? Many homeowners are paying PMI when they don't have to. Let us provide an appraisal that could be used to have your PMI removed by your mortgage holder.

We also provide real estate appraisals for estate purposes. There are many situations in which it is vital to know the value of your real estate. Let us offer you the facts and research from trained professional appraisers that know the market.

Estate Appraisals

Settling an estate is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly and exactly as possible. You can count on us to act quickly and with sensitivity to the feelings of everyone involved.

Attorneys and Accountants rely on our values when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. We understand their needs and are used to dealing with all parties involved. We provide appraisal reports that meet the requirements of the courts and various agencies.

Settling an estate usually requires an appraisal to establish Fair Market Value for the residential property involved. Often, the date of death differs from the date the appraisal is requested. We are familiar with the procedures and requirements necessary to perform a retroactive appraisal with an effective date and Fair Market Value estimate matching the date of death. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the fullest degree of discretion.

All too often, people do not fully appreciate the need to have a detailed real estate appraisal prepared in support of the numbers being used in documents filed with revenue authorities.

Opinions of value used in documents filed with the revenue authorities should be supported by a detailed report as to how the appraiser arrived at his conclusions. Such a report will certainly demonstrate to the authorities that the numbers used are well founded and substantiated.

Having a professional appraisal gives the executor solid facts and figures to work with in meeting IRS and state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal if it is challenged.

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