PMI REMOVAL
Private Mortage Insurance, or PMI, is the the supplemental insurance that many lenders have to purchase when the amount being loaned is more than 80% of the value of the home (loan to value, or LTV). This additional payment is often folded into the monthly mortage payment and is quickly forgotten. After a rise in values and/or payment, the principal goes below this 80% level, and PMI is no longer required. The United States Congress passed a law in 1998 called the Homeowners Protection Act. This law requires lenders to remove the PMI payments when the loan-to-value ratio conditions have been met. An appraisal is required to determine the property's value. The costs of these services are recovered in just a few months of not paying the PMI.

PROPERTY TAX ASSESSMENTS
Challenging the tax assessment has become a necessity in many parts of the country. Unfortunately, most people go into these challenges unarmed. they may pull some information from the Internet to support their claims, but have no real basis for them.

A real estate appraiser can provide the accurate answers to the question of value. While it may not be economical to commission a full appraisal to save a few hundred dollars off our tax bill, often an appraiser can do a limited appraisal for much less, yet with the same conclusions and integrity. An appraisal from a qualified firm such as Brandlin Appraisal Service would be a step in the right direction, and give you valuable information with which to settle any dispute with your local tax assessor.

ESTATE PLANNING
In times of loss, it is often difficult to think of the various steps that must be taken to resolve any outstanding monies of the deceased. An appraisal is required to establish fair market values of any real esate properties in the estate for tax filings and any presentation to multiple heirs. The aid of an appraisal is a necessity to dispose of the estate properly.

DIVORCE
In unfortunate circumstances such as divorce, appraisals are required so that both parties involved receive a fair and impartial value determination for properties which must be divided between them. In some cases, an appraisal by a qualified Independant professional third party appraiser is required by state law to settle the divorce.

FEASIBILITY - LAND UTILIZATION STUDIES
Often appraisals are required when townships are planning certain uses of land such as rezoning, implementation of housing developments, traffic infrastructure, cost benefit analysis and a whole host of various projects. Brandlin Appraisal Service can deliver an accurate appraisal report as a necessary response to the question of fair market value.