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Droping PMI

Posted By Message

BabyBoy
is Skylar Elizabeth

Member since 5/05

4189 total posts

Name:
Tom

Droping PMI

I normally don't ask questions but in regards to droping PMI...

do you think i should get an apprasil from an outside company and present that to the bank or ask the bank to send somebody out? Home sales in my complex are believe to be up, plus we done some work in our place (co-op).
I just paid my mortage and put a dent in the mortage since we moved in last year and I subtracted 20% of value and we are under Chat Icon

Its only 90 bucks a month but that adds up Chat Icon

TIA

Posted 3/30/07 7:10 AM
 
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kerrycec03
Mom of 2 beautiful boys!!

Member since 6/06

13519 total posts

Name:
Kerry

Re: Droping PMI

totally. I would contact the bank and ask them to send someone over to appraise the place. I wouldn't hire outside unless you felt they weren't giving a fair appraisal

Posted 3/30/07 9:01 AM
 

tray831
Dee-licious!

Member since 3/06

5355 total posts

Name:
His Baby

Re: Droping PMI



Yes!!!! That's how we avoided it.

Definitely call and have one come in.

Chat Icon Chat Icon Chat Icon

Posted 3/30/07 9:38 AM
 

MegZee
My bunny

Member since 5/06

8777 total posts

Name:
Meaghan

Re: Droping PMI

Posted by kerrycec03

totally. I would contact the bank and ask them to send someone over to appraise the place. I wouldn't hire outside unless you felt they weren't giving a fair appraisal



Let the bank engage the appraiser. They may not accept an appraisal you requested because its a conflict of interest

Posted 3/30/07 9:40 AM
 
 

Potentially Related Topics:

Topic Posted By Started Replies Forum
FHA loan vs. 80/10 vs. PMI Kara 3/29/07 2 Home
I know its been discussed before (PMI related) MegZee 8/25/06 22 Home
Build up Equity or Pay down PMI? dandg 5/6/06 7 Home
Anyone opt for PMI over an 80/10/10? Suzanne 4/26/06 1 Home
PMI/Home Equity Loan? nrthshgrl 4/10/06 9 Home
Has anyone gotten PMI obliterated from their payments? MissJones 2/24/06 21 Home
 
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