Appraisal

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Juan

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PostPosted: Thu Sep 18, 2008 7:30 am    Post subject: Appraisal

I bought a property for 235k, I can afford the payments anymore and I just find out that the property only worth 100k. What can I do?
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Icon Mini Profile gmakerley
gmakerley
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Joined: 09 Nov 2007

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Location: bloomfield, ct
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PostPosted: Thu Sep 18, 2008 8:09 am    Post subject:

your first step is to contact your mortgage lender, juan. if there is a way to salvage your loan, you'll need to discuss this with them.
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Icon Mini Profile smithsussane
smith.sussane



Joined: 18 Sep 2008

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Location: Alaska
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PostPosted: Wed Oct 01, 2008 11:22 pm    Post subject:

Hi Juan!

Welcome to Forums!

You will have to discuss with the mortgage lender if there is a way out or not. It will be totally the lender's discretion.

Sussane
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