I have only owned my house for 3 years. Could the value really go down that much?I purchased my house for $325,000.00 and the apprasal for a refi came in at 275,000.0. I can't believe that it went down that much and now we don't qualify for Refinance. Does this seem shocking? Maybe I paid tooo much for my house in 2008? Should I get another apprasal? I wanted to get a 20 yr refi for 3.8 now we can't. My lender is now trying to talk me into the HARP program and I really don't want to sign another 30year if I can help it. What do you think?September 12 2011 - Tigard0YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.