Mike M

Thanks for the responses! I see. Yeah, I think they're just different places trying to get me to buy mortgage insurance. I asked my mortgage broker to make sure it's nothing I'll really need. She hasn't gotten backt o me yet.

The biweekly thing is still confusing to me. I'll probably do what you guys suggested and pay extra towards the principal when I can. I'm pretty clueless when it comes to all this...can someone tell me why by paying off a bigger principal help with the interest? I thought the lender already calculates the exact amount for each month already and it's just a matter of paying it off as we go or I can save it into a bank account and pay it later? Thanks everyone!! - Thu Sep 25 2008, 08:22

I ended up calling City Hall and made sure it's paid off. The person on the phone sounded like she didn't give a crap but told me it's all set. I don't need to worry about it till November. My closing "attorney" was pretty useless as he never got back to me. I guess you get what you pay for. Aside from that, the closing went pretty well. We're working on the house constantly. Still got ways to go but we want to do it right. Thanks for all the help everyone! I would invite you all to the housewarming party but that'll be a little strange. =) - Fri Sep 19 2008, 15:39

Thanks for your input, Lori. So my closing was last week and things went smoothly. We've been working on the house over the long weekend and as soon as I get out of work. My dad even took 2 weeks off his work to help out. We fixed a wall that was in bad shape, removed the chimney, tore down a wall to make the 2 living rooms into 1, removed wallpaper. Still has a lot of work to be done but we're in the process.

I do have another question if anyone can help out - yesterday we go our first bill. The problem is that it's the water bill which the last owner didn't pay. It's over $1000 with a late penalty. What do I even contact regarding this? I'm going to try to call City Hall but I'm sure they're more concerned about getting their money any way possible. Can I somehow get the previous owners to assume the responsibility? - Thu Sep 4 2008, 09:15

Hey guys! Thanks for all the answers. OK, I guess it's somewhat anticlimatic. I contacted my agent and she got in touch with the other side. We had threatened that if there are major damages we will not sign the papers until they fix it. They said that the window was already broken. I had taken some pictures and upon careful inspection, the window was indeed broken. When we checked out the house initially, they had the blinds half opened so we missed it. It was likely just the outer pane so we didn't feel a draft. We didn't really have a case there but what we got out of the call was...they agreed to take care of the lawn as it's growing wildly and trim the hedges. We're hoping they can also take care of a neighbor's fence that fell onto our side too...no word on that yet. Our closing is next Wednesday and I assume we'll do a final walkthrough that morning.

Again, thanks for all the answers! We will update if anything else interesting happens!! - Thu Aug 21 2008, 11:42

Thanks Mike, Judy, TerritoryRE for the replies! Alright, I think first I'll let my agent know. I still haven't gotten in touch with my attorney yet (as he/she is more for being there for the closing). I do have a couple of pictures of the house we took a couple weeks back when the window was intact. I'll definitely try to get this rolling in the next couple days. Does anyone care for me to update? No need to respond if there's no interest. Thanks again! - Tue Aug 5 2008, 07:48

yup, on the upper right of your screen, put your mouse over "My Trulia" , click on My Account. Once in there, you can Edit Account Information - Fri Sep 19 2008, 11:48