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Certified Appraisals by
New York's Real Estate Experts
Where Complex is Common Place
In today’s complex financial landscape, navigating the true value of your assets can be challenging. Whether you’re managing a trust, valuing a family business, or facing tax implications, our team specializes in providing comprehensive appraisal services. We offer expert guidance in Trust & Estate Valuations, Partial Interest Valuations, Business Appraisals, Tax-related Valuations, and Private Consulting – ensuring you have the information you need to make informed financial decisions.
Trusted Expertise:
The Foundation of Our Appraisals
With over 25 years of experience behind our principal, who is recognized by the NYS Supreme Court as an expert in his field; a regular contributor to Street Easy, and the Chair of The Manhattan Round Table of Appraisers, our clients include National Lenders, Matrimonial / Divorce Attorneys, Portfolio Managers and Estate Planners.
Why choose our company
Unlock the Value of Your Assets!
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Experience you can trust, service you can count on.
Q&A
Your Appraisal Questions Answered
What is a trust & estate appraisal?
REIS Group provides certified valuations for Trust and Estate Appraisals. We specialize in appraising properties and businesses for estate planning and inheritance purposes. Our reports ensure fair distribution among beneficiaries and are accepted by the IRS for use in tax filing forms 706 and 8283.
What is a Partial Interest Valuation?
Owning a portion of a property or business, whether it’s a minority share or otherwise, may necessitate an appraisal due to inheritance, negotiation, or sale. A REIS Group Partial Interest Valuation assesses the fair market value of your specific ownership stake, ensuring you receive a fair price in negotiations, estate settlements, or when selling to others.
What is a business appraisal and why do I need one?
A REIS Group Business appraisal provides a professional estimate of your company’s fair market value. This unbiased assessment considers factors like your financials, market conditions, and industry trends. Understanding your business’s worth is crucial for various situations, including selling your company, securing financing, planning for future growth, or settling ownership disputes.
Can the same appraiser handle valuing my house for both inheritance and property tax purposes?
Absolutely! Our appraisal services are designed to be versatile and can help you in various tax situations.
Whether you need to determine the fair market value of assets for estate tax purposes or want to support a property tax appeal with a professional valuation, our team can provide accurate and reliable appraisals to meet your specific needs.
What information do I need to provide for an appraisal?
To complete your appraisal efficiently we may request details like:
- Purpose for the Appraisal
- Property Address or Legal Description
- Recent Improvements or Renovations
- For Commercial Properties P&L
How much does an appraisal cost?
The cost of an appraisal varies depending on the complexity of the property, its purpose, and the type of appraisal required. We offer free consultations to discuss your specific needs and provide you a personalized quote.
How long does a typical appraisal take?
The timeframe to receive your completed appraisal is typically 5 business Days. However, for REIS Group’s 24-HOUR RUSH SERVICE please call: 212-213-2035 for immediate service.
What are the benefits of hiring a private appraiser instead of using a Broker’s Price Opinion?
Hiring a private appraiser for your property offers unbiased expertise. While a realtor’s price opinion focuses on marketability for selling, a private appraiser prioritizes fair market value, ensuring you get an accurate assessment important for inheritance, estate planning, or getting the best price during negotiations – of paramount importance for cash buyers.
Do I need an appraisal to buy or sell property?
An appraisal is not mandatory to sell or buy property without financing, however it is highly recommended. It provides a professional estimate of your property’s value, helping you set a competitive purchase price and avoid potential complications during negotiations. Ultimately, having an accurate appraisal can streamline the selling process and ensure you get the best possible outcome.