Robin welcomes your inquiry:
Robin.Gross@FaFa.ws or 816.221.2727
The starting point of an appraisal is to identify the intended use of the appraisal. Common intended uses include:
Charitable Donations: Determines the Fair Market Value of property given to an IRS qualified organization to establish the donor’s IRS permitted tax deduction.
Damage and Loss: Determines the Replacement Value of lost or damaged property and/or the amount of loss to the Fair Market Value resulting from the damage.
Estates: Determines the Fair Market Value of property for estate planning or the estate’s final tax return.
Equitable Distribution: Determines the Fair Market Value or Marketable Cash Value for jointly owned (couples, business associates, corporations) property or for asset distribution among heirs.
Financial: Determines the Fair Market Value of property for asset management, loan collateral, or other related financial matters.
Insurance: Determines property's Replacement Value for appropriate insurance coverage.
Litigation: Determines the Fair Market Value for property in dispute.
Sale / Purchase: Determines the Marketable Cash Value and/or Fair Market Value of property in anticipation of a potential sale or purchase.