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Escrow Check Arrived

July 17th, 2015 at 07:57 pm

The escrow check from our mortgage company arrived today. A nice fat check in the amount of $2,033.05. We are still owed $21.98 for cancelling our homeowners insurance. The insurance company sent that money to our mortgage company, but apparently it did not arrive in time to be included with this check. I'll be depositing it using my mobile phone!

We are still waiting on one more Army reimbursement. It should cover some of our time in our temporary apartment. I'm guessing that could take a couple more weeks.

One day soon all the money flowing out and in will settle down a bit. It has been a crazy year so far!

2 Responses to “Escrow Check Arrived”

  1. snafu Says:

    It would be interesting to learn whether in your experience, it's financially more efficient to be a renter than a home owner. Is it financially efficient to rent and invest the sums owners use for interest, taxes, maintenance, updates, replacing appliances and a value for sweet equity get made up in future appreciation?

    So many participants on the Forum side of SA grumble about 'throwing away money on rent.' They buy houses with all the bells and whistles without anything like 20% DP adding mortgage insurance to their monthly costs without understanding how little of their monthly payment goes to principal.

  2. FrugalTexan75 Says:

    Yes, you have had one interesting year! Smile

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