My refinancing revelations

It’s a rare day that something truly shocking happens. Last month, I was shocked. My wife and I are going through the process of refinancing our mortgage, and one day in May we received a call from the bank with the results of our appraisal. I wish we missed that call. We expected a low number, but not this low. Zillow.com is way, way off the mark. Not even close, really. Equally as significant as the low home value was the number of foreclosed or distressed homes in my neighborhood...
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