Financing in McHenry : Real Estate Advice

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Rosegudy, Home Buyer in Dallas, TX
Rosegudy answered:
Mortgage closing costs total explanation with FHA funding??
The FHA Funding Fee is the upfront cost and monthly premium you pay whenn you get a mortgage guaranteed by the Federal Housing Administration (FHA). The upfront fee, also called the upf ... more
2 votes Share Flag Tue Oct 25, 2011 Financing in McHenry
David - Appr…,  in Maricopa, AZ
David - Appraiser answered:
I live in a new home subdivision and my home is now three years old. I just tried to refinance the mortgage and when the appraisal came back grossly
Yes that is true. For a refinance, the appropriate comps are existing properties (resales) active and sold. In the event of a foreclosure on a refinanced property, the lender would wa ... more
0 votes Share Flag Thu Nov 19, 2009 Financing in McHenry
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