refinancing/ubgone31!

[countrycat]

I have been soooo stressed,
trying to refinance and pay off all our existing debt!
The deal is our new payment would be only $50 more than it is now! And we would be debt free ( except for the mortgage)
We were very worried about an appraisal! Well, we owe $54,000 on the house and the appraisal was $155,000!!! We are not getting a loan for near that amount!
So, all looks good! I may be a SAHA soon! I made that one up...it's "Stay At Home Artist"
I am praying that if it is God's will , it will happen. It has been a lot of running for me, since Jim is away a lot! But, it will be well worth it!!!

Have a great weekend all!!!

Cathe

[WolfBrother]

CountryCat

pay off all our existing debt!

Good Luck, I hope it works out.

The only thing - once you're out - stay out.  I had some friends who did what you did, then went on a credit buying spree and wound up worse off.

[countrycat]

I think we will be okay!
We are paying off a van loan at 9%, and 3 credit cards at 19%...our refinance is at 5.2%! We only used the cards to finance some home repairs, and they are all done. We plan to keep building up our savings, and it should be good!!!

Thanks,
Cathe