#347849 - 07/10/2011 12:50
Re: Home refinancing, appraisals, and repairs
[Re: Dignan]
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carpal tunnel
Registered: 27/06/1999
Posts: 7058
Loc: Pittsburgh, PA
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Yeah, if our appraisal came back and told us we've lost 1/3 the value of our house, we obviously wouldn't be able to do this, or if we did, we'd have to pay mortgage insurance, because we'd start out well above 80% loan-to-value. Of course, the upside of a drop in the value of the home is that the monthly payment will be a lot less after the refinance, so depending on how much equity you guys have now, it might still be worth doing.
Luckily, the comparables in our neighborhood seem to have done okay, which is part due to Pittsburgh having never really spiked too much during the bubble, and part due to buying in late 2007 after the prices were already on their way down. So I don't see that kind of precipitous drop in value happening.
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Home refinancing, appraisals, and repairs
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tonyc
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07/10/2011 00:11
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Re: Home refinancing, appraisals, and repairs
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msaeger
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07/10/2011 00:22
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Re: Home refinancing, appraisals, and repairs
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tonyc
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07/10/2011 00:41
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Re: Home refinancing, appraisals, and repairs
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TigerJimmy
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07/10/2011 01:26
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Re: Home refinancing, appraisals, and repairs
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tonyc
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07/10/2011 01:49
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Re: Home refinancing, appraisals, and repairs
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Dignan
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07/10/2011 03:41
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Re: Home refinancing, appraisals, and repairs
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tonyc
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07/10/2011 12:50
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Re: Home refinancing, appraisals, and repairs
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TigerJimmy
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07/10/2011 11:34
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Re: Home refinancing, appraisals, and repairs
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tonyc
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07/10/2011 12:40
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Re: Home refinancing, appraisals, and repairs
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TigerJimmy
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20/10/2011 18:08
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Re: Home refinancing, appraisals, and repairs
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tonyc
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20/10/2011 18:57
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Re: Home refinancing, appraisals, and repairs
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TigerJimmy
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20/10/2011 20:06
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Re: Home refinancing, appraisals, and repairs
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tonyc
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21/10/2011 00:16
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Re: Home refinancing, appraisals, and repairs
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tanstaafl.
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21/10/2011 00:42
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Re: Home refinancing, appraisals, and repairs
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TigerJimmy
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21/10/2011 19:14
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Re: Home refinancing, appraisals, and repairs
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tonyc
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21/10/2011 19:40
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Re: Home refinancing, appraisals, and repairs
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TigerJimmy
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22/10/2011 03:27
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Re: Home refinancing, appraisals, and repairs
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tonyc
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22/10/2011 17:17
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Re: Home refinancing, appraisals, and repairs
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tanstaafl.
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22/10/2011 21:48
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Re: Home refinancing, appraisals, and repairs
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tonyc
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22/10/2011 23:07
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Re: Home refinancing, appraisals, and repairs
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tonyc
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25/10/2011 17:35
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Re: Home refinancing, appraisals, and repairs
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TigerJimmy
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25/10/2011 18:42
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Re: Home refinancing, appraisals, and repairs
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wfaulk
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25/10/2011 19:07
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Re: Home refinancing, appraisals, and repairs
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tonyc
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25/10/2011 19:24
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Re: Home refinancing, appraisals, and repairs
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wfaulk
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25/10/2011 19:31
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Re: Home refinancing, appraisals, and repairs
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TigerJimmy
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25/10/2011 20:47
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Re: Home refinancing, appraisals, and repairs
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tanstaafl.
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25/10/2011 20:49
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Re: Home refinancing, appraisals, and repairs
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tonyc
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02/11/2011 18:51
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Re: Home refinancing, appraisals, and repairs
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tonyc
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02/11/2011 18:58
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Re: Home refinancing, appraisals, and repairs
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TigerJimmy
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02/11/2011 21:08
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Re: Home refinancing, appraisals, and repairs
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tonyc
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03/11/2011 03:19
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Re: Home refinancing, appraisals, and repairs
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TigerJimmy
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02/11/2011 21:08
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Re: Home refinancing, appraisals, and repairs
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peter
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03/11/2011 07:36
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Re: Home refinancing, appraisals, and repairs
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tanstaafl.
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03/11/2011 11:21
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Re: Home refinancing, appraisals, and repairs
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tonyc
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03/11/2011 11:47
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Re: Home refinancing, appraisals, and repairs
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peter
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03/11/2011 11:51
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Re: Home refinancing, appraisals, and repairs
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tonyc
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03/11/2011 11:57
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Re: Home refinancing, appraisals, and repairs
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mlord
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03/11/2011 11:49
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Re: Home refinancing, appraisals, and repairs
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tonyc
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03/11/2011 11:54
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Re: Home refinancing, appraisals, and repairs
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mlord
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22/10/2011 01:46
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Re: Home refinancing, appraisals, and repairs
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TigerJimmy
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22/10/2011 03:29
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Re: Home refinancing, appraisals, and repairs
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tanstaafl.
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20/10/2011 20:15
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Re: Home refinancing, appraisals, and repairs
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TigerJimmy
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20/10/2011 20:26
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Re: Home refinancing, appraisals, and repairs
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canuckInOR
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07/10/2011 14:30
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Re: Home refinancing, appraisals, and repairs
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Dignan
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07/10/2011 14:33
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Re: Home refinancing, appraisals, and repairs
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canuckInOR
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07/10/2011 18:53
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Re: Home refinancing, appraisals, and repairs
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Dignan
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07/10/2011 21:21
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Re: Home refinancing, appraisals, and repairs
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gbeer
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07/10/2011 21:29
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Re: Home refinancing, appraisals, and repairs
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gbeer
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07/10/2011 21:26
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Re: Home refinancing, appraisals, and repairs
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g_attrill
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07/10/2011 11:06
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Re: Home refinancing, appraisals, and repairs
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tonyc
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07/10/2011 12:56
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Re: Home refinancing, appraisals, and repairs
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Tim
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07/10/2011 13:55
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Re: Home refinancing, appraisals, and repairs
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DWallach
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07/10/2011 14:05
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Re: Home refinancing, appraisals, and repairs
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wfaulk
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07/10/2011 16:40
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Re: Home refinancing, appraisals, and repairs
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tonyc
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07/10/2011 16:54
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Re: Home refinancing, appraisals, and repairs
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wfaulk
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07/10/2011 17:17
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