Every year my mortgage company asks me to provide proof that my property management company is insuring my condo building. Last year was a disaster. Even though I did everything I could, there were mess ups in communication and the lender charged me $2400 for insurance. Well, more than charged me -- they took it from my savings account. It was finally straightened out, but it was an awful experience.
So this year, when I got the notice again, my stomach tightened up immediately. The first notice I received said "Second and Final Notice," so I was already mad. Luckily, my property management contact responded quickly. She faxed a copy to the number provided, and she sent me an attachment which I uploaded to the lender's website. Today I called to make sure they acknowledged receiving it, since I never got an acknowledgement. It has been received. Whew. I think I'm in the clear, but with this gang, you never know. For this reason alone I can hardly wait to pay off my mortgage.
No more spending to report. No extra income.
I'm hoping to have a productive day and get a lot done.
Condo Insurance
December 4th, 2018 at 03:26 pm
December 4th, 2018 at 11:04 pm 1543964665
So frustrating!
December 5th, 2018 at 02:26 am 1543976816
December 5th, 2018 at 04:00 pm 1544025634
December 5th, 2018 at 11:49 pm 1544053745
I am behind on reading your blog, but I am catching up.
December 6th, 2018 at 12:19 am 1544055548
I have not done extra mortgage payments for several years, because I realized I would need the money in savings for my gap year (low-income year). It will be several more years before I can pay off the mortgage, even after I get back to better income.
New space -- yes, I need it. I have to navigate three flights, and it's getting harder. I will need to move in the future, but again, not until I start receiving my full Social Security income, which will happen this August.
December 6th, 2018 at 04:18 pm 1544113094
When the time comes, will you look for your next home in the same area? Just nosy.