Join the Meeting Place for Moms!
Talk to other moms, share advice, and have fun!

(minimum 6 characters)

Refinancing our home

Posted by on Dec. 14, 2009 at 11:35 AM
  • 0 Replies

We had a 5/25 so we had to refinance before May which will be 5 years here.  The rate is about the same as we had 5 years ago BUT dh wants to get a 15 year mortgage even though we will live here 2 1/2 or 3 years more.  Anyway it adds a ton to our mortgage.  I don't understand the theory behind it but I am fine with it.  We can afford to add a quite a bit to the mortgage payment. 

The interesting part is a lady that came today to do an appraisal on the house.  Dh says if its appraises for less than what we paid, which is is sure it will because houses up here have gone down in price a lot, he will take it to the tax people and demand we have lower taxes.  We pay $12,000 a year in outrageous taxes here so dh said anything we can do to pay lower taxes he will do. 

by on Dec. 14, 2009 at 11:35 AM
Add your quick reply below:
You must be a member to reply to this post.
Replies:
There are no replies to this post.
Join the Meeting Place for Moms!
Talk to other moms, share advice, and have fun!

(minimum 6 characters)