Re: Then maybe ask your loan officer - Saab General Bulletin Board - Saabnet.com
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Re: Then maybe ask your loan officer
Posted by Rich (more from Rich) on Fri, 21 Oct 2005 06:08:33
In Reply to: Then maybe ask your loan officer, Geoff, Thu, 20 Oct 2005 20:13:31
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My rate is 4.5% 30 year fixed, refinancing in not an option. There is no way I can beat that rate. I think I will need to speak to a realtor to get a fair market value on my house. I know about the equity will be great later on when I move but, I want to get the most out of my home. I am going to dormer the 3rd level,replace the existing roof, add an additional bath, and reside the house. All this should make my home value go up even more and should only cost me around 15k. Then the value of my home should be around 50% more than what I paid. I have seen some homes in the area sell for close to what I paid, then someone come in and remodels them and sells them in three months for 100k more. I just don't want the bank to screw around with me. I pay $250 a month on PMI and that is money that could be going in to my home and paying for other things.
Thanks,
Rich
posted by 12.32.20...
Posts in this Thread:
- Way O/T getting rid of PMI (long), Rich, Thu, 20 Oct 2005 15:05:42
- Re: Way O/T getting rid of PMI (long), Avanti, Fri, 21 Oct 2005 23:28:23
- Thank you all., Rich, Fri, 21 Oct 2005 15:41:12
- The ONLY way to get rid of PMI (and keep 4.5%), Jeff B, Fri, 21 Oct 2005 11:37:43
- what is PMI?, rob , Fri, 21 Oct 2005 11:35:29
- Re: Way O/T getting rid of PMI (long), SWEDECAR , Fri, 21 Oct 2005 09:29:31
- Re: Way O/T getting rid of PMI (long), Rafe, Fri, 21 Oct 2005 07:21:04
- Get a Realtor to do a Market Analysis, JimN, Fri, 21 Oct 2005 06:55:25
- why not covert the amount over 80% to a 2nd mortgage, hte originalMJM, Fri, 21 Oct 2005 05:29:55
- Re: Way O/T getting rid of PMI (long), Rich T., Fri, 21 Oct 2005 05:15:10
- LTV is the key, Geoff, Thu, 20 Oct 2005 15:46:21
- Re: Way O/T getting rid of PMI (long), michael p, Thu, 20 Oct 2005 15:39:43
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