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Just curious on this one- we have always done full appraisal reports for this. Is there any acceptable way/dollar limit on performing a restricted use appraisal for estate purposes? All others we have done have been full appraisals on date of death. In light of the Institute eliminating the...
Want to run this by you..
Client wants to do valuation 6 months after Mom's death.
They have put in $40,000 in improvements since then, getting ready to rent it back out.
Shouldn't the value be based on the condition as of the date of death?
Even tho market may be better, to the estates...