When the assessed value of my home goes down, how is my mortgage affected?

Thursday, June 25th, 2009 at 4:23 am

When I bought my home, it was assessed at 90k. Now, two years later, the assessed value has dropped to 74k. Should I notify my mortgage company? Would it help me, or hurt me?
This assessment is from the county property tax assessor.

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Thursday, May 7th, 2009 at 5:26 pm

Comments (1)

I am iin Chapter 13 bankruptcy. My mortgage co sold my loan and I am now behind in payments.

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Tuesday, February 10th, 2009 at 1:42 pm

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I am financing a swimming pool and I was said by the moneylender who one said refinance and second mortgage are the same thing, is this true?

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Other – Home & Garden Archives

When the assessed value of my home goes down, how is my mortgage affected?

I need to find organizations that help with deliquent mortgage payments?

Difference Between Second Mortgage and Refinance