You won't be able to refinance that without an appraisal way higher than what you paid, since you can only go to 80% on refinance. A very high appraisal wouldn't help you anyway, since you'd be paying the ex even more. Basically, you'll need to come up with the $ some other way than a regular mortgage.
Quote:
Originally Posted by Rathji
Is this a post from 2007?
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Nah, he's in Winnipeg, house prices there are up 7.8% in the last year according to the Teranet survey.
http://www.housepriceindex.ca/Default.aspx Not a boom, but something bought last year should be worth more.