private mortgage insurance: Do you take the Deal when it's not Ideal?
- 02/01/08 11:07 AM
I got a call from an old friend of mine shortly after the New Year. He wanted to consolidate his 1st & 2nd Mortgages into one loan at a reduced term, a financially savvy decision for sure. So, onward we went with the process. Now, this young gent lives in a rather eclectic neighborhood with properties that tend to differ in appearance, size, & condition. His property happens to be one of the nicer ones in the neighborhood, which tends to make its worth not as ideal as one would like. None the less, the appraisal was done and came in at … (70 comments)
I got a call from an old friend of mine shortly after the New Year. He wanted to consolidate his 1st & 2nd Mortgages into one loan at a reduced term, a financially savvy decision for sure. So, onward we went with the process.
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