The secret to a happy life is to lower people's expectations.
Thursday, January 10, 2008
Signs Point To Yes
Our mortgage holder, Countrywide, is now denying that their finances are as bad as they seem. This will end well. I'm guessing we'll be with a new company by the end of the year, whether we want to be or not. How's your lender doing?
We've got Wells Fargo, and in the last five years have never had a single problem with them. One of the things I like is that even though I do all my transactions online, if there's a problem with the escrow, they mail me a letter and give me the option of making up the diffence in one payment, meaning my monthly payments will stay the same, or I can ignore it and have the new charges rolled into my monthly payments.
On the bright side, Ohio just changed the qualifications for the 'Homestead Exemption Act' which removes $25 of your home's value for property tax purposes. We qualify now, so that should swing our payment back down.
4 comments:
We've got Wells Fargo, and in the last five years have never had a single problem with them. One of the things I like is that even though I do all my transactions online, if there's a problem with the escrow, they mail me a letter and give me the option of making up the diffence in one payment, meaning my monthly payments will stay the same, or I can ignore it and have the new charges rolled into my monthly payments.
CW recently upped our payments by about $40 a month, because the escrow was coming up short. No notice, just the 'amount due' suddenly changed.
"Computer sez no."
On the bright side, Ohio just changed the qualifications for the 'Homestead Exemption Act' which removes $25 of your home's value for property tax purposes. We qualify now, so that should swing our payment back down.
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