In the process of moving, we cancelled and bought homeowner's insurance. We previouslly paid our insurance directly. We know will have an escrow account with the bank.
Luckily the new homeowner's insurance premium is about $300 less than before. It seems this is attributed to the house being new primarily.
We paid our new homeowner's policy at closing and that has been applied to our account. It seems we now have a credit balance of $291.08. Our statement says they will hold the balance towards future installments, but we can request the money to be sent to us. Ummm...yes. Please send our money back!!
I'm not sure when it will arrive, but I will save this money as part of our house proceeds.
Homeowners Insurance Overage
July 17th, 2012 at 01:46 pm
July 17th, 2012 at 03:03 pm 1342537413