tax appraised value vs fair market value: Does Your Mortgage Company Understand Property Values Better Than the Tax Auditor? - 02/14/09 01:03 AM
This morning my husband opened a piece of mail from Fifth Third Bank in regards to our home equity line.  They said that according to a market study of our area, the value of our home has been significantly lowered.  Because the value is lowered, they are lowering the amount of money available to us through the equity line.  This doesn't really affect us because we have never really used the equity line, it was just the mortgage loan that worked for us when we bought our home.
We have known for a while that the value of our home is … (3 comments)

 
Christina Moock, REALTOR - Cutler Real Estate (Cutler Real Estate)

Christina Moock

REALTOR - Cutler Real Estate

Canton, OH

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Cutler Real Estate

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