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Originally Posted by hunniebunnie so back in post #13, she mentioned having gotten $400 immediately from her tax refund. post #67 cites the house payments at $435 per month plus an additional $207 for insurance and taxes and she's 2 months behind. post #138 tallies funds raised to be at $466 since the counting started at somewhere in the neighborhood of $28.
i guess i'm taking a simplistic approach to this to think $870 is required to be caught up on the house payments to the private lender who is threatening to foreclose. $414 is due to the insurance company and county tax office. so far $400+$466=$866 is available on hand, so payoff the immediate creditor first, then pay the insurance and taxes to the respective agencies later. since it's an individual, personal lender and not a financial institution, insurance and taxes couldn't have been withheld with a title company as a part of the mortgage? could it? am i oversimplifying it? |
All I know is when I'm in the same boat (well I'm close already lol) is ....I WANT YOU AS MY FINANCIAL ADVISOR !!!
Go girl - you must be in Real estate and sound like you really know your stuff.