We are moving forward with our refinance. We just got a copy of our appraisal report. I was nervous that the property has gone down in value (after all, that is the only direction properties head right now, right?) and we would have to come up with tonn of money to refi. (and have a bad feeling too)
I was very surprised that it was appraised for 16K more than it was 19 month ago, when we bought it (and it did not have furniture, baby toys all over, and baby stuff like activity center, walker, swing all cluttering the apartment and making it look less spacious).
So this was a relief.
Appraisal report is in
December 28th, 2011 at 02:36 pm
December 28th, 2011 at 03:06 pm 1325084777
Take a look at the appraisal and you'll see that you actual square footage and rooms is what is considered and not how you use the space or clutter laying around.