This blend is so superior in my mind to any other paint available to the little guy, that I refuse to use anything else.

But usually again the interest rates are not as good as the 80/20 blends.

I recommend that you take an assessment of your likes and dis-likes then blend them into real estate.

The key is to give them the correct blend of hype and fact.

Here is what I am doing now.I poll from three locations electronically and take the blended #I use my local realtor to pull comps within 300 Sq Feet of the property I am looking atI look at the assessed value.Then I take those three numbers and blend them for an average.If the number is still under 70%, I will look into it further.Does anyone have a better formula?

.- You will most likely have to pay MI (or a higher payment if the lender pays it for you)- Your blended rate will be higher then your previous interest rate (if you have to go with a combo loan).Regards,Scott Miller

These appraisals use a blended approach to value, using primarily the cost approach (reproduction cost to rebuild) and a small portion is the sales approach (recent sales).

It is not unreasonable that you will still out run interest rate risk since your blended rate on both loans is greater than 6% and less than 12%.

The problem is the amort. schedule and rates to pay off the second are higher and the total rate blends up for the two loans versus neutral or down with a seller held second.

Hard to say without seeing it in person but generally speaking, a good stucco guy can fix the smooth patches with a matching stucco finish and may have to fog the area to get it to blend into the existing.