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How do i find comps for my area?
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luvnlife
LIF Adult
Member since 7/07 981 total posts
Name:
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How do i find comps for my area?
Our mortgage company just contacted us about a refi. We tried through our bank last year and we turned down because our home value had dropped and we didn't have 20% equity in the house.
Since then we have finished the basement and in a few weeks will be redoing the roof and siding. I'm hoping how we have raised the value of the house enough but I don't want to lay out any money for an appraisal if house values in my area are down still.
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Posted 5/7/10 10:53 AM  |
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Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name:
Beth
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Re: How do i find comps for my area?
you were most likely contacted about a HARP refi
the banks can go up to 125% loan to value with this program
so you don't need the 20% equity
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| Posted 5/7/10 11:10 AM |
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