Is now the best time to refinance my condo?

Is now the best time to refinance my condo?
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This Q&A offers two comparison tables and some advice on how to save the maximum in interest payments with a 5.5% loan vs. 4.25% and 3.875%.
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I refinanced 4 months ago to consolidate debt and was suppose to refinance again to get a lower rate. Bank now says can't refinance before 6 months of payments have been made. Is this true?

Description : I refinanced 4 months ago to consolidate debt and was suppose to refinance again to get a lower rate. Bank now says can't refinance before 6 months of payments have been made. Is this true?

Last Answer : Untrue. I was promised an immediate refinance and it is 2 1/2 yrs. later and I have not been able to refinance. With Conventional loans there is no seasoning. FHA loans do require 6 months. ... There are obviously other issues which have nothing to do with the number of payments that have been made.

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Last Answer : It was determined before the building fell that it was sinking from one to three millimeters per year since it was built in the 1980’s. I suspect they may find faulty concrete. It may have also been a bit of sinkhole below the structure. Maybe. Sinkholes are known to exist in Florida.

There's a quarter sized hole that was cut out on the bottom of a wall in our condo, I assume a cable was run through but what kind of cable?

Description : There's a quarter sized hole that was cut out on the bottom of a wall in our condo, I assume a cable was run through but what kind of cable?

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Description : House vs Condo vs Townhome?

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Description : What are the differences between a condo, a townhome, and an apartment?

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Can life in a condo be very quiet, serene and private?

Description : Can life in a condo be very quiet, serene and private?

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I am considering selling my condo should I replace my dishwasher that I have not used for five years?

Description : I am considering selling my condo should I replace my dishwasher that I have not used for five years?

Last Answer : answer:You might want to have someone come in and look at it. If you plan to just replace the hoses, you should probably replace the seals too. Or if you feel daring, you could just run it once and see what needs fixing.

What are the issues in buying a condo where the condo association has fallen apart?

Description : What are the issues in buying a condo where the condo association has fallen apart?

Last Answer : I would strongly encourage you/your son to enlist the services of a Real Estate attorney for this one. There could be all sorts of hidden liabilities created in the wake of the actions and ... and other obligations a lawyer would provide much better counsel on than I can in this unique situation.

What can you suggest to handle this problem in my condo complex?

Description : What can you suggest to handle this problem in my condo complex?

Last Answer : I would suggest for the group to get together to vote on a surveillance system. Everyone will vote yes to catch the vandals (except the guilty parties). And this will provide you with video evidence so that you can press charges.

How likely is it that I can change a no-pet rule in my condo building?

Description : How likely is it that I can change a no-pet rule in my condo building?

Last Answer : A friend of mine needed a place to live and offered a condo owner a 1,000.00 pet deposit. She was desperate. They took it and allowed pets after having a no pet rule.

Condo vs. townhouse vs. apartment - what are the differences?

Description : Condo vs. townhouse vs. apartment - what are the differences?

Last Answer : answer:Generally, apartments that you own are condos or co-ops. A condo is an interest in the specific property, and therefore your use of the apartment is less restricted. A co-op means that you own a share in ... it. you can own or rent a townhouse - but if you own it, it's pretty much a house.

If Verizon FIOS hookup is brought to a condo building but the old copper wire is used inside does that obviate FIOS?

Description : If Verizon FIOS hookup is brought to a condo building but the old copper wire is used inside does that obviate FIOS?

Last Answer : answer:Short answer is NO. Don’t worry, any copper or wifi will give better throughput than what you get. I would use details if I was sober. ipod is playing Journey

If you've ever rented a condo, what was your experience like?

Description : If you've ever rented a condo, what was your experience like?

Last Answer : answer:In Branson. I was 8. It was cramped, & I had to share a bed with my brother. Sorry to burst your bubble.

Would you say that a condo that didn't sell and just raised its price is a good sign for the economy?

Description : Would you say that a condo that didn't sell and just raised its price is a good sign for the economy?

Last Answer : I hope so.

If buying a place just for me, should it be a house or a condo. This is in Seattle.

Description : If buying a place just for me, should it be a house or a condo. This is in Seattle.

Last Answer : If you like to do yard work or have several pets or hate to hear your neighbors do all sorts of things, then a house is a great idea. If you hate yard work, travel a lot, have only one small pet or none at all, and don’t care what you hear through the walls, then go condo.

Does anyone knows anyone who lives in Mayfair Rennaissance Condo (Atlanta Georgia)?

Description : Does anyone knows anyone who lives in Mayfair Rennaissance Condo (Atlanta Georgia)?

Last Answer : you should try craigslist

Should I buy a condo or house?

Description : Should I buy a condo or house?

Last Answer : Do you want to do yard care and shovel snow? Are there added perks like a pool or gym - that you would use? Those attract me to condos, but my husband refuses because he doesn't want any shared walls and ... yard with the privacy of a fence. Make a pros and cons list. (God, I sound like my mother.)

Should I buy a ski condo?

Description : Should I buy a ski condo?

Last Answer : rent one first. better investment if there are also warm season things to do in the area.

What is the difference between a condo an a TIC (tenancy in common)?

Description : What is the difference between a condo an a TIC (tenancy in common)?

Last Answer : from what I could find, a tenancy in common is an: "Estate created by deed to persons described as husband and wife but not legally married" (9 A.L.R.4th 1189)

Does it make sense to buy a condo in San Francisco?

Description : Does it make sense to buy a condo in San Francisco?

Last Answer : answer:Probably not, if just for investment purposes. If you need to live there anyway for more than 5 years, maybe. According to the NYT, in every 5 year period except for the last, the stock ... 's always a decent chance it will be a decent investment. But strictly financially speaking, I say no.

How can I have my condo listed (and rented out) as a Corporate Rental?

Description : How can I have my condo listed (and rented out) as a Corporate Rental?

Last Answer : answer:here are some links. you might find one you like. Listing your furnished rental property on Corporate Housing by Owner is a straight forward, easy process. CHBO puts you in ... com/c-Housing-Short-term-sublets-CORPORATE-RENTAL-FURNISHED-2BR-2BA-PARK-AVENUE-POOL-VIEW-CONDO-W0QQAdIdZ23609683

Why Does Pluto Live in a dog house, eat dog food, etc. but Goofy, who is also a dog, lives in a condo and drives a car?

Description : Why Does Pluto Live in a dog house, eat dog food, etc. but Goofy, who is also a dog, lives in a condo and drives a car?

Last Answer : Pluto was demoted recently to a non-planet; perhaps that makes him less dog-entitled, also.

Why should you get a condo insurance?

Description : Why should you get a condo insurance?

Last Answer : If your condo is insured, you can receive enough cash to replace your damaged belongings. This type of home insurance gives you security and peace of mind, which are definitely worth the additional expense you will pay for the policy.