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House appraisal

  • Thread starter Thread starter /u/Cool-Experience-8057
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/u/Cool-Experience-8057

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Hello All,

I have a question on house appraisal. I have written a contract for a house which has price reduction ~25k. If I do 10% down payment. I will have MI ( mortgage insurance). Since I have 25k equity already .., shall I wait for a year and request lender to waive PMI ?

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House appraisal
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