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Answers (7)
- 11173mv
- Contributions:1
- Catherine Krueger, "cvkrueger"
- Contributions:204
I stand by my answer! "What would that accomplish"??? Please read the question first before answering and bad mouthing someone else. If home values go down there is a way to reassess your value with the county assessor's office. I have helped many many people achieve that and save them money when the home they purchased through me and with their 100% satisfaction (I might add to the naysayers) dropped 50% of its value. Since mdavies167's property taxes are rolled into his mortgage he needs to take care of the tax issues and then talk to his bank. How come when I suggest a refi and I get screamed at and you wilkins thinks it is ok to say so as a "confirmed lender"..... The point is to help and answer the questions not trash others uselessly. Shame on you.
- Robert Lowery, "Bob Lowery"
- Contributions:2097
"What are you talking about?? What would that accomplish?"
Mark, I have no idea either.
"Once it is accepted give that to your lender (contact BofA) and tell them that the property value has gone down so they can adjust it You might also talk loan modification or high loan to value refi."
Just an agent trying to get points and offering bad advice.
Catherine, I did not see them mention they were underwater or in a hardship, did you? I would recommend sticking to the buying and selling section.....well, maybe I wouldn't.
Mark, I have no idea either.
"Once it is accepted give that to your lender (contact BofA) and tell them that the property value has gone down so they can adjust it You might also talk loan modification or high loan to value refi."
Just an agent trying to get points and offering bad advice.
Catherine, I did not see them mention they were underwater or in a hardship, did you? I would recommend sticking to the buying and selling section.....well, maybe I wouldn't.
- Mark Wilkins, "TheMortgageMark"
- Contributions:349
Catherine,
What are you talking about?? What would that accomplish?
What are you talking about?? What would that accomplish?
- Mark Wilkins, "TheMortgageMark"
- Contributions:349
- Catherine Krueger, "cvkrueger"
- Contributions:204
In regards to property value: You will need to provide comparable sales to the Alameda assessor's office and fill out their form, Once it is accepted give that to your lender (contact BofA) and tell them that the property value has gone down so they can adjust it You might also talk loan modification or high loan to value refi.
good luck,
good luck,
- Rudi Hofmann, "LUXURY HOME LOANS CA"
- Contributions:7435
Refinancing
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