04-03-2009, 08:03 PM
"the new mortgage must not be worth more than what the current market value of the property is worth."
For me that might be close. I would guess the value has dropped about 15%, maybe more, and I don't think we have paid off that much yet.
The 31% figure would also be close I think.
For me that might be close. I would guess the value has dropped about 15%, maybe more, and I don't think we have paid off that much yet.
The 31% figure would also be close I think.