refinancing headache, help?!

[Trek420]

By the way, Trek, I'm in the same situation with my house. I bought last year at 35% lower than peak. It felt like a great deal. Now, zillow says it has dropped almost another 15%. Who knows how accurate zillow is, but it still messes with you a little psychologically. I just keep reminding myself that I have an excellent house and bought when it was right for me. Also, I'm sure the value will eventually return.. it will, right?

Right, and meanwhile your home is a nice place to live and store your bikes.

Not to politicize this thread but I feel one small part of what got us in this mess is an attitude of homes being a quick rags to riches scheme. Buy the house, flip the house, repeat every two years till wealthy. What ever happened to buy the house, live in the house?

I got those scam letters. It reads like such a great service. Luckily, I also work for the county and received a scam warning from them. It's so unsettling. I hate always having to worry about being taken for a ride.

Luckily I'd read in the paper how negotiating a lower tax bill is an option for some and could lower your mortgage if included. The article specified how to do it, it's free, talk to your realtor because some will help you (mine did).

I feel badly that I'm sure many get taken for a ride on these scams. If it did not work the companies would not send out the mailers.