The housing market is horrible. I just wanted to let you all know in case you have been living under a rock over the past few years. However, if you live under a rock, it probably couldn't depreciate in value. I mean it was probably dirt cheep. Get it "dirt" because it's covered in dirt. HAHA so funny.
Anyway, BJ and I tried to refinance our house but we knew we had lost value in our home because we built when the housing market was at it's peak. Right after we closed on the house the market crashed and has continued over the past 4 years. Well today we found out just exactly how large the crash was. We lost $65,000 from then until now. So refinancing is out. Unless, as the mortgage guy said, we could bring 12,000 to the closing. Yeah if we had that kind of money we wouldn't be looking to refi. Just awesome.
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