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January 8, 2010 at 3:47 PM in reply to: Factors in apprasing a home and when its best to appraise #501002January 8, 2010 at 3:47 PM in reply to: Factors in apprasing a home and when its best to appraise #501247
(former)FormerSanDiegan
Participant[quote=LAAFTERHOURS]PMI can be removed anytime.[/quote]
How much is the monthly PMI, relative to the cost of appraisal ?
January 8, 2010 at 2:17 PM in reply to: Factors in apprasing a home and when its best to appraise #500309(former)FormerSanDiegan
ParticipantLook closely at your loan doc’s to determine conditions under which PMI might be removed. In many cases it cannot be removed within a year or two of origination, regardless of value.
The best time to get an appraisal is shortly after a nearby similar house is sold at a higher price.
I think it is highly unlikely that your lender would accept an appraisal within a month or two of your purchase over the original appraisal. (Did it happen to appraise above/below the price you paid?)
How much is the PMI monthly ?
How much is 3% of the purchase price ?
January 8, 2010 at 2:17 PM in reply to: Factors in apprasing a home and when its best to appraise #500463(former)FormerSanDiegan
ParticipantLook closely at your loan doc’s to determine conditions under which PMI might be removed. In many cases it cannot be removed within a year or two of origination, regardless of value.
The best time to get an appraisal is shortly after a nearby similar house is sold at a higher price.
I think it is highly unlikely that your lender would accept an appraisal within a month or two of your purchase over the original appraisal. (Did it happen to appraise above/below the price you paid?)
How much is the PMI monthly ?
How much is 3% of the purchase price ?
January 8, 2010 at 2:17 PM in reply to: Factors in apprasing a home and when its best to appraise #500857(former)FormerSanDiegan
ParticipantLook closely at your loan doc’s to determine conditions under which PMI might be removed. In many cases it cannot be removed within a year or two of origination, regardless of value.
The best time to get an appraisal is shortly after a nearby similar house is sold at a higher price.
I think it is highly unlikely that your lender would accept an appraisal within a month or two of your purchase over the original appraisal. (Did it happen to appraise above/below the price you paid?)
How much is the PMI monthly ?
How much is 3% of the purchase price ?
January 8, 2010 at 2:17 PM in reply to: Factors in apprasing a home and when its best to appraise #500952(former)FormerSanDiegan
ParticipantLook closely at your loan doc’s to determine conditions under which PMI might be removed. In many cases it cannot be removed within a year or two of origination, regardless of value.
The best time to get an appraisal is shortly after a nearby similar house is sold at a higher price.
I think it is highly unlikely that your lender would accept an appraisal within a month or two of your purchase over the original appraisal. (Did it happen to appraise above/below the price you paid?)
How much is the PMI monthly ?
How much is 3% of the purchase price ?
January 8, 2010 at 2:17 PM in reply to: Factors in apprasing a home and when its best to appraise #501197(former)FormerSanDiegan
ParticipantLook closely at your loan doc’s to determine conditions under which PMI might be removed. In many cases it cannot be removed within a year or two of origination, regardless of value.
The best time to get an appraisal is shortly after a nearby similar house is sold at a higher price.
I think it is highly unlikely that your lender would accept an appraisal within a month or two of your purchase over the original appraisal. (Did it happen to appraise above/below the price you paid?)
How much is the PMI monthly ?
How much is 3% of the purchase price ?
(former)FormerSanDiegan
ParticipantI don’t know why it’s submitting everything i do more than once.
That happens sometimes… As long has no one has clicked reply to your posts, you can click on edit and change the latter 2 posts to say “duplicate” or whatever.
(former)FormerSanDiegan
ParticipantI don’t know why it’s submitting everything i do more than once.
That happens sometimes… As long has no one has clicked reply to your posts, you can click on edit and change the latter 2 posts to say “duplicate” or whatever.
(former)FormerSanDiegan
ParticipantI don’t know why it’s submitting everything i do more than once.
That happens sometimes… As long has no one has clicked reply to your posts, you can click on edit and change the latter 2 posts to say “duplicate” or whatever.
(former)FormerSanDiegan
ParticipantI don’t know why it’s submitting everything i do more than once.
That happens sometimes… As long has no one has clicked reply to your posts, you can click on edit and change the latter 2 posts to say “duplicate” or whatever.
(former)FormerSanDiegan
ParticipantI don’t know why it’s submitting everything i do more than once.
That happens sometimes… As long has no one has clicked reply to your posts, you can click on edit and change the latter 2 posts to say “duplicate” or whatever.
(former)FormerSanDiegan
Participant[quote=Scarlett]How can I negotiate down my rent on my current lease? I rent a 3 bdr 1700 sf townhome in La Jolla Colony; my lease is up next month. I pay $2400/mo and I feel like I am overpaying for this particular house. The house is not in great shape – VERY drafty – it costs a lot to warm it up, doesn’t have AC (and needs it upstairs in summer); perennial bug infestations etc. I want to get it down to $2200 , which in 1 year is just the equivalent of 1 month free rent. We’ve been very good and responsible tenants. This property is rented out through an agent. Please, any input is appreciated! Thanks in advance![/quote]
Is the property owned by an individual and managed through a property manager, or is the unit corporate owned.
If it is privately owned, you stand a good chance of getting some concession simply by asking. But, you want to make sure that what you are asking for is not below market rent.
(former)FormerSanDiegan
Participant[quote=Scarlett]How can I negotiate down my rent on my current lease? I rent a 3 bdr 1700 sf townhome in La Jolla Colony; my lease is up next month. I pay $2400/mo and I feel like I am overpaying for this particular house. The house is not in great shape – VERY drafty – it costs a lot to warm it up, doesn’t have AC (and needs it upstairs in summer); perennial bug infestations etc. I want to get it down to $2200 , which in 1 year is just the equivalent of 1 month free rent. We’ve been very good and responsible tenants. This property is rented out through an agent. Please, any input is appreciated! Thanks in advance![/quote]
Is the property owned by an individual and managed through a property manager, or is the unit corporate owned.
If it is privately owned, you stand a good chance of getting some concession simply by asking. But, you want to make sure that what you are asking for is not below market rent.
(former)FormerSanDiegan
Participant[quote=Scarlett]How can I negotiate down my rent on my current lease? I rent a 3 bdr 1700 sf townhome in La Jolla Colony; my lease is up next month. I pay $2400/mo and I feel like I am overpaying for this particular house. The house is not in great shape – VERY drafty – it costs a lot to warm it up, doesn’t have AC (and needs it upstairs in summer); perennial bug infestations etc. I want to get it down to $2200 , which in 1 year is just the equivalent of 1 month free rent. We’ve been very good and responsible tenants. This property is rented out through an agent. Please, any input is appreciated! Thanks in advance![/quote]
Is the property owned by an individual and managed through a property manager, or is the unit corporate owned.
If it is privately owned, you stand a good chance of getting some concession simply by asking. But, you want to make sure that what you are asking for is not below market rent.
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