It can be difficult to settle a San Diego estate, especially when it is for probate purposes. The probate process occurs when a decease person does not leave a trust for their estate, at which point the court handles the estate.
This probate process requires the property to be appraised by a professional appraiser to determine the cash value of the home as of the date of the deceased also known as the date of death. The courts may also require an appraisal for the current value if a large amount of time has passed. The appraisal will determine the cash value of the estate so that it can be divided equally between the heirs. The other purpose of the appraisal is to determine the overall value for tax purposes. To begin the probate process an application must be filed with the county in which the decedent lived. The court will then appoint and estate administrator who will be responsible for administering the estate, which includes ordering an appraisal. The attorney, accountant, administrator, and courts will need an appraisal.
Brandlin Appraisals Inc. specialize in helping people who need appraisals for estate purposes, divorce, date of death, bankruptcy, FSBO’s and more throughout San Diego county. For more information please contact us at (760)741-7699, or visit our website at Brandlinappraisals.com, or email us at admin@brandlinappraisals.com
Mike Brandlin
San Diego, CA // Real Estate Appraiser
www.brandlinappraisals.com
(760) 741-7699
San Diego Real Estate Appraisal Services For:
* Divorce Appraisals / Marriage Dissolution
* Bankruptcy Appraisals
* Bail Bonds Appraisals
* Estate / Date of Death / Retrospective Appraisals
* Financial Planning & Trusts
* PMI Removal Appraisals
* Pre-Foreclosure & Short Sales
* Tax Assessment Appeals
* Pre-Listing, Pre-Purchase, FSBO’s
* Probate Appraisals
