Property Q&A in Dixmoor : Advice

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Vince Meridy, Home Buyer in Chicago, IL
Vince Meridy asked:
I have lost over $30,000 in equity due to decreasing market value of my home. Do I have any recourse here? I was told I should have never been able to qualify for the mortgage to begin with because it was not actually worth the "appraised value". I believe the original market value…
0 votes Share Flag Tue Sep 23, 2014 Property Q&A in 60426
Vince Meridy, Home Buyer in Chicago, IL
Vince Meridy asked:
I have lost over $30,000 in equity due to decreasing market value of my home. Do I have any recourse here? I was told I should have never been able to qualify for the mortgage to begin with because it was not actually worth the "appraised value". I believe the original market value…
0 votes Share Flag Tue Sep 23, 2014 Property Q&A in 60426
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