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Old 04-21-2007, 12:20 PM   #18
FRPLG
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Join Date: May 2004
Age: 46
Posts: 10,164
Re: Real Estate Advice

Quote:
Originally Posted by jsarno View Post
Sorry to use his thread for my own question, but I talked about PMI insurance earlier and realized that my new house is under 80% LTV. I owe around 75k and the house is now worth roughly 110K (I know it probably makes you guys sick to know that housing costs are so low out here, but remember this place sucks)...I'm still paying PMI. How do I get rid of this? I have yet to do this in my homeowner experiences. Any advice?

ps- I have a very good friend that does appraisals if this helps.
You'll need to refi and depending on your current rate it may not be worth it.
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