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statute of limitations
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What happens if the appraised value of a home is less than hoped for? E.g. a home is purchased for 180,000.00, financed without a down pymt and after 3 years, the value of the home is only $190,000.00, or even less, say for instance, it's only worth $175,000.00? Is refinancing still an option to lower the mo. pymt.? |
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Oooops....that was supposed to be a new question, not an answer to your question. Sorry! *redface* |