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Appraisal

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Juan Guest	Posted: Thu Sep 18, 2008 7:30 am    Post subject: Appraisal Like 0 Dislike 0 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? _________________ Need help choosing the right loan? Get free consultation from community lenders/consultant
gmakerley Community Mentor Joined: 09 Nov 2007 Posts: 12357 Location: bloomfield, ct 55.04 Dollars($)	Posted: Thu Sep 18, 2008 8:09 am    Post subject: Like 0 Dislike 0 your first step is to contact your mortgage lender, juan. if there is a way to salvage your loan, you'll need to discuss this with them. _________________ George M. Akerley Mortgage Underwriter/Consultant Word of Excellence- Writing/Editing/Proofreading 860-221-5044
smithsussane Joined: 18 Sep 2008 Posts: 10038 Location: Alaska 920.62 Dollars($)	Posted: Wed Oct 01, 2008 11:22 pm    Post subject: Like 0 Dislike 0 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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