In the roughly two weeks since I moved in, I've received no less than six "offers" from various companies who wish to ensure that the substantial investment I've made in the California real estate (my house) doesn't vanish.
To that end, they propose that I given them a bit of money so that they can help in case something goes wrong.
Well, my dear financial trolls, I have news for you. There's a very good reason I put more than 25% down on the place at closing time. I didn't want to have to deal with paying a couple hundred bucks every month in mortgage insurance, otherwise known as "throwing money down the drain."
I can do far more good with that extra cash by putting it toward the loan or investing it in something relatively safe.
I had forgotten how much physical mail you get as the result of moving into a newly purchase home. It really is quite insane.
[This is part of a series of posts on the home buying process
I'm going I went thru. To see the full set, visit
Posted by jzawodn at March 20, 2004 08:25 PM