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Juan
Guest
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 Posted: Thu Sep 18, 2008 7:30 am Post subject: Appraisal |
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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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Need help choosing the right loan? Get free consultation from community lenders/consultant |
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 gmakerley
Community Mentor
Joined: 09 Nov 2007
Posts: 9808
Location: bloomfield, ct
45.23 Dollars($)
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| Posted: Thu Sep 18, 2008 8:09 am Post subject: |
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your first step is to contact your mortgage lender, juan. if there is a way to salvage your loan, you'll need to discuss this with them.
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George M. Akerley
Loan Consultant
860-221-5044 |
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smithsussane
Joined: 18 Sep 2008
Posts: 4546
Location: Alaska
445.32 Dollars($)
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| Posted: Wed Oct 01, 2008 11:22 pm Post subject: |
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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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