in California, it's very hard to use the new appraised value. The lender will let you cash-out 80% based on the minimum of (purchase price, the current value).
Please let us know how much you can cash-out
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I will let you know.
-cultuslake-
♂
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10/17/2008 postreply
20:00:57
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I just found out they are only willding to do the lower of
-cultuslake-
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10/20/2008 postreply
09:28:21