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Looking to refi my house. I'm currently at 6.5% with a 178K loan. Problem is the person I'm doing the refi with says that comparable sales right now are pretty bad, and I would be lucky to get the LTV I need to do the refi (they said approx the house might be worth 225K or go but they need to do a appraisal. )

Anyone else in the same situation in trying to refi but their house value has gone down and can't get into a good enough situation to refi right now? And what other options have you tried? Thanks

-- Dan
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