I took out a 70k HELOC 1.5 years ago, adding my 1st i owe 205,000. My intrest rate on my 1st is "ARM’ 10% and 2nd 12%. These are killing my payments. I went to try to refinance my credit is 670, but they are telling me my property is valued at 185. if i would come up with 20k they tell me i could save a huge chunk of money. My home was actually appraised at 220 when i took out the HELOC 1.5 years ago. They used a computer to figure it out not a actual appraiser. After doing some reasearch homes sold for 184,000 at that time. I live in a townhome communtiy. I need some help tired of explain this to banks.
Posts Tagged ‘best time to buy a house’
Refinance, mortgage question very confused?
Tuesday, November 10th, 2009Related ‘best time to buy a house’ sites :
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| How To Buy A House How To Buy A House - Home Buying FAQs, true life house shopping experiences as told by home buyers, tips and advice regarding buying a house by Kate Ford www.get-your-best-mortgage-rate.com/ | |
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| Finding The Best Time To Buy Your Own House Renting should be thought of as the short-term solution to the housing problem. Let us not rush out and buy a house, and get stuck too permanently in one place. ... articlesbase.com/ | |
| Buy a House Without Using Banks - Associated Content ... Now is a great time to buy property because the real estate market is declining. ... I started to think about all of the different ways you can buy a house; from paying cash, ... associatedcontent.com/article/ | |