Matrimonial Settlement

Settling an Estate
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 Canadian Uniform Standards of Professional Appraisal Practice (CUSPAP) binds us with confidentiality, ensuring the fullest degree of discretion.

Government Taxation / Capital Gains
With the popularity of purchasing real estate appraising real property is a common appraisal service type. Our team appraisers will provide an accurate and unbiased value for real estate that requires valuation for capital gains purposes.
Are you moving to another country or moving to another property and renting your home, a capital gains value is required at the time renting your home? Even if you have rented your home from a previous date, our team of appraiser will provide you with an accurate retrospective appraisal of your home value at the time you moved out and rented the home.

Litigation

Asset Appeals
MPAC in Ontario determine your property tax burden based on an ad valorem assessment of the property’s value. Sometimes, as a property owner, you get an unwanted surprise in the mail telling you your taxes are going up, and sometimes it may seem as though your assessment is too high.
Often, matters like this can be resolved with a phone call. However, if after discussing your assessment with your local taxing authority you still feel as though your property was overvalued, a professional, independent, third-party appraiser is often your best bet in proving your case. That’s where we come in.
There are as many different procedures for appealing assessments as there are property taxing districts, so it’s important to enlist the help of a professional appraisal firm that’s experienced and trained in the ins and outs of your particular jurisdiction.

Estate Planning
Estate planning for real estate properties area is essential to Estate Planning. Investment properties, cottages are types of investments that a create future taxation for any future estate. With the advice of your accountant consultant our appraisal team will provide any current or retrospective real estate valuations as a result in your Estate Planning.

Pre-Listing Valuation

Service Area
Bona Fide Appraisals Inc., serving the Greater Toronto Area: Burlington, Waterdown, Oakville, Milton, Mississauga, Brampton, Toronto, Richmond Hill, Aurora, Vaughn, Pickering, Oshawa, Hamilton and more.

Testimonials
"I would like to highly recommend Bona Fide Appraisals. I went through a messy separation/divorce and the appraisal completed and representation at our court hearing was top quality. Thank you for making me feel at ease during this difficult time."
S. Ribeiro
Private homeowner
"As a private lender team leader, the upmost importance to getting a qualified appraisal completed in a timely manner is significant to the growth of our business. Your team has always been prompt, professional, and reasonable with our clients. Keep up the good work."
B. Charles
Business development manager
"We have been using the services of Bonafide Appraisals to assist us with residential property values for over two years. We have found the work to be timely and conforming to our needs for residential property valuations in the GTA. We have a mutually successful partnership that we hope will continue for many years to come."
H. Charilaou
Dominion Lending
“I have worked with Paul and His team at Bonafide, Without a doubt he provides excellent service, accurate information, on time appraisals and is always a pleasure to work with. I have recommended Bonafide to several local property management relocation firms and every time they come back to me saying how great their experience has been.”
J. Chow
Intercity Relocation
“Bonafide Appraisals has been performing my real estate appraisal work for several years now. As my legal practice is family law, Paul is often charged with the unenviable task of performing appraisals in unpleasant and even occasionally hostile situations. Paul has always accommodated me efficiently and professionally. I never have any hesitation when a colleague or a client asks me to refer an appraisal company, I always say Bonafide."
K. Sandman
Solicitor
“Paul, thank your for your personal attention given to our clients. I have received a very high follow up after your appraisal. As you know our clients are moving to the U.K. and wanted a fair and accurate estimation for their property value. Your attention to detail has surpassed our expectations on this file.Thanks again."
V. Collier
Director, Southern Ontario Relocation