When Refinancing Your Home What If It Doesn't Appraise?

Answer Homeowners may be able to save a lot of money by refinancing their mortgage, but they must meet the requirements set up by their lender. The basic requirements include getting an appraisal of their... Read More »

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What Can You Write Off When Refinancing Your Home?

Taking a deduction for discount points is the only cost from refinancing your home that the Internal Revenue Service permits. Discount points reduce the interest rate on the loan in exchange for an... Read More »

What can you write off closing costs when refinancing your home?

As of 2010, when you refinance your home, the Internal Revenue Service allows you to deduct a limited number of closing costs, similar to when you take out a mortgage. However, the amount and the t... Read More »

What to Do If Your Home Doesn't Appraise for As Much As You Think It's Worth?

For those who are selling or refinancing a home, the home appraisal is of vital importance. A low home appraisal may prevent a seller from selling the home at the desired price or may derail a refi... Read More »

When refinancing a home will they ask you to make repairs on the home?

not usually...if they require an appraisal for the new loanthey will come out and appraise the home and they will value it as it is