I'm in a situation where the home I moved into (about 16 months ago) was a new construction in a very new/empty part of the neighborhood, and the appraisal pretty much matched the purchase price... but since then, the neighborhood has filled with new homes with similar or worse specs that are being listed and sold for more than $10-20k+ above that appraisal.So my question then is: when a lender looks at LTV, do they calculate this based on the fair market value as of today, or would they need to use my original appraisal figure?

Originally posted by @Nathan G.

Originally posted by @Miyako Boyer:I am in the process of saving up money.

Originally posted by @Craig Schneider:I owned a couple of properties in Nassau and recently sold them and purchased in Suffolk due to the higher taxes in Nassau.  

Originally posted by @David Cruice:If you didn't break the water meter I don't see why you would be responsible for it. 

Originally posted by @David McPhail:We presently own 1 investment property with about $20K in equity. 

Originally posted by @Neil Schoepp:I'm currently looking at a properties in Greer, SC in the vicinity of the Walmart Super Center off of East Wade Hampton Blvd.

Originally posted by @Doug Pretorius:@Samuel Toby There's no rush, there will always be deals.

Originally posted by @Michaela G.

Originally posted by @Steve Vaughan:Thanks for sharing a great story!