Are home prices depreciating in Southaven, Ms?

Asked by Willie Richards, Southaven, MS Wed Apr 2, 2008

I purchased my home at the end of 2006 for $195,000.00 with 100% financing. I have a ballon payment of $30,000.00 that is due at the end of the second mortagage 14 years from know. I would like to refinance. What are my options?

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Carrie Crowe…, Agent, Southaven, MS
Wed Aug 6, 2008
The Lewis team is right. Your credit score will play a big factor in this. Rates will be another big factor. If your credit score is currently good, I would be keeping an eye on interest rates so you can refinance when they are low! If your credit is not a pretty as you would like it to be, invest a little time in repairing your credit before you decide to refinance. Good Luck!
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The Lewis Te…, , Southaven, MS
Wed Apr 2, 2008
The most important variable there will be your credit. If you will go to my site and click on the "about the area" link and then "service providers", you will see a couple of links to my mortgage partners and they will be able to guide you through the process.
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