Colli Real Estate

Should I refinance? Go to another lender?

I bought a property to become the FHA loan (will buy a second property, but sold for sale, so I had to use the FHA) to 6.25% (large at the time) with GMAC. I do not pay PMI, but I think my property is assessed higher (excluding property, and the evaluation of poorly done wrong) As the rates have since declined dramaticly, do you think that GMAC can reduce my interest rate at an affordable price? Should I request a new assessment? If I go to another lender closing costs would be very, very high, am I right in thinking that? I do not think it will top Appraise. I bought to 155K. Zillow.com to 232K, most recently was selling a similar house and sold to low 200's.

Is it true that your property is valued higher you did when you bought it? What planet do you live? No way that's going to happen. Property values have collapsed. Even if the initial assessment was made wrong, you will be lucky if it is assessed that he was in any way you like. Without doubt make more money than you can refinance.

Foreclosure Help How to refinance while house is in foreclosure

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